James Kwak

Tim Geithner's Gamble

Project Syndicate | Simon Johnson | Posted 05.25.2011

Read More: JP Morgan Chase, James Kwak, Treasury Department, Timothy Geithner Treasury Secretary, Dodd-Frank, International Monetary Fund, Financial Derivatives, Too Big to Fail Banks, Too Big to Fail, Ireland, Basel III, Jamie Dimon, U.S. Treasury Secretary, U.S. Treasury Department, 13 Bankers, Iceland, Financial Stability Oversight Council, Swiss National Bank, New York Federal Reserve Bank, Dodd-Frank Bill, Ubs, Switzerland, Tim Geithner Treasury Secretary, Credit Suisse, Tim Geithner, Timothy Geithner, Mit-Sloan, Imf, Peterson Institute for International Economics, Simon Johnson, Financial Deregulation, Financial Regulation, Financial Reform, Business News

LOS ANGELES -- In a recent interview, United States Treasury Secretary Tim Geithner laid out his view of the nature of world economic growth and the r...

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Conservatives Want to Live on Monopoly Money

Zach Carter | Posted 05.25.2011

Read More: Taxes, Progressive Taxation, James Kwak, Tax Policy, Economy, Jobs, Mccain, Obama, Monopoly. Russell Roberts, Bush Tax Cuts, Business News
Zach Carter

Do today's economic conservatives actually want to live in a functional society, or are they striving for an economy that runs on Monopoly Money?

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'13 Bankers' LIVE Video Interview Tomorrow, May 7, 2pm EDT: Simon Johnson Talks To HuffPost Senior Editor Marcus Baram

Posted 05.25.2011

Read More: Bestsellers, Goldman Sachs, James Kwak, Wall Street, Arianna's Reading, Books, Too Big to Fail, Financial Crisis, Simon Johnson, 13 Bankers, Books News

Our month spent discussing "13 Bankers," Arianna's most recent book club pick, has been a busy one. Since its release, Simon Johnson and James Kwak's ...

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13 Bankers: Why It's Essential That Universities Return To Teaching Economic History

Mark Thoma | Posted 05.25.2011

Read More: Too Big to Fail, James Kwak, Economics, History of Economic Thought, Books, 13 Bankers, Simon Johnson, Megabanks, History of Economics, Financial Regulation, Books News
Mark Thoma

13 Bankers is essential reading for any economist who wants to understand what triggered financial panics in the past, what policies worked or failed and why, and how it relates to today.

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'13 Bankers,' Financialization and the Real Economy

Mike Konczal | Posted 05.25.2011

Read More: Sloan School, Banking Crisis, James Kwak, Wall Street, Simon Johnson, Books News
Mike Konczal

What is the impact on the real economy of keeping this financial sector going? I want to lay out four broad points as we enter into a potential recovery.

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After Bastille Day: Is There a Future for Big Banking?

Dennis Santiago | Posted 05.25.2011

Read More: James Kwak, Tbtf, Dennis Santiago, Institutional Risk Analytics, Simon Johnson, Bank Reform, Too Big to Fail, Move Your Money, Business News
Dennis Santiago

As bank reform continues to grind through Congress something sorely lacking so far is concentration on safely managing down "points of risk" from Too Big Too Fail business models.

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13 Bankers: The American Oligarchs And The Systemically Dangerous Institutions (SDIs) They Rule

William K. Black | Posted 05.25.2011

Read More: James Kwak, Tim Geithner, Arianna's Reading, Larry Summers, Books, 13 Bankers, Simon Johnson, Sdis, Books News
William K. Black

It is insane to allow the SDIs to continue to exist and it is doubly insane to allow, much less encourage, them to grow.

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It's Time to Cut Goldman Sachs and the Rest of Them Down to Size

Joseph A. Palermo | Posted 05.25.2011

Read More: James Kwak, Citigroup, Sec, Senate Republican Minority Leader Mitch McConnell, Fraud, Wells Fargo, Too Big to Fail, George W. Bush, Goldman Fraud, Larry Summers, Obama Administration, Securities Fraud, Goldman Sachs Fraud Charges, Goldman Sachs, JPMorgan Chase, Bank of America, Morgan Stanley, Money Trust, Financial Meltdown, Henry Paulson, Fraud at Goldman Sachs, Timothy Geithner, 13 Bankers, Securities and Exchange Commission, Simon Johnson, Financial Crisis, Ben Bernanke, Business News
Joseph A. Palermo

Hopefully, the SEC's pursuit of long-overdue fraud charges against Goldman Sachs is only the beginning of a process that will take the country back from these financial monopolists.

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Simon Johnson, James Kwak On 'Bill Moyers Journal' (VIDEO): 13 Bankers Authors Explain Financial Crisis, Reform Effort

Posted 05.25.2011

Read More: Theodore Roosevelt, Congress, James Kwak, Financial Reform, 13 Bankers, Jamie Dimon, House, Senate, Bill Moyers Journal, Bill Moyers, Financial Crisis, Wall Street, Simon Johnson, JP Morgan Chase, Business News

Simon Johnson and James Kwak, the authors of 13 Bankers, appeared on "Bill Moyers Journal" Friday evening to discuss the financial crisis and the push...

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SEC Charges Goldman With Fraud

James Kwak | Posted 05.25.2011

Read More: Abacus, James Kwak, Goldman Sachs, Sec, Cdo, Goldman Sachs Fraud, John Paulson, 13 Bankers, Business News
James Kwak

The allegation is that Goldman failed to disclose the role that John Paulson's hedge fund played in selecting residential mortgage-backed securities that went into a CDO created by Goldman.

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James Kwak: The Problem is Bank-o-cracy (AUDIO)

Christopher Lydon | Posted 05.25.2011

Read More: James Kwak, Books, Chris Lydon, Radio, Conversation, Michael Lewis, Wall Street, Oligarchy, 13 Bankers, Brown University, Financial Meltdown, Simon Johnson, Politics News
Christopher Lydon

James Kwak extends Michael Lewis's point and feeds my fascination with apocalyptic hysteria and helpless torpor as the twin markers of American politi...

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Does Size Matter? Simon Johnson vs. Paul Krugman on Whether to Break Up "Too Big to Fail" Banks

Miles Mogulescu | Posted 05.25.2011

Read More: James Kwak, Wall Street Bailout, The Financial Fix, Obama Wall Street, Financial Bailout, Financial Reform, Too Big to Fail Banks, Too Big to Fail, Wall Street Reform, Federal Reserve, Paul Krugman Barack Obama, Citizens United, 13 Bankers, Krugman Obama, Politics, Financial Meltdown, Wall Street, Wall Street Regulation, Consumer Financial Protection Agency, Financial Crisis, Paul Krugman, Simon Johnson, Financial Regulation, Business News
Miles Mogulescu

Paul Krugman and Simon Johnson are two of my favorite economic commentators, but when it comes to the issue of breaking up mega-banks, they take dramatically opposing positions.

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Book Club Pick: Why 13 Bankers Is a Must-Read for Barack Obama, Chris Dodd, and Everyone Who Wants to Avoid Another Financial Crisis

Arianna Huffington | Posted 05.25.2011

Read More: Financial Crisis Commission, James Kwak, The Financial Fix, Banks, Financial Crisis, Simon Johnson, 13 Bankers, Big Banks, Oligarchy, Books News
Arianna Huffington

13 Bankers is the rare book than can actually have an impact on the vital debate happening right now in Washington. READ MORE Why the Fight for Financial Reform Needs to Get Much More Personal When it comes to the fight over financial reform, Democrats are making the same mistake they did with health care: failing to put the effect reform would have on the lives of real Americans front and center. READ MORE Announcing HuffPost's Twitter Editions We are launching Twitter editions for each of our 19 sections -- a mash-up of breaking tweets and HuffPost stories that are attracting interest on Twitter. READ MORE WATCH: Arianna Discusses RNC's "Bondage-Gate" with Joy Behar WATCH: Arianna Spars with Rudy Giuliani Over Rubio, Kerik, and Waterboarding on Morning Joe

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Obama Should Channel Roosevelt To Battle Wall Street

Washington Post | Simon Johnson and James Kwak | Posted 05.25.2011

Read More: James Kwak, Economics, Goldman Sachs, New Deal, Financial Reform, JP Morgan, Obama, Politics, Great Depression, Franklin Delano Roosevelt, White House, Unemployment, Barack Obama, Finance, Standard Oil, Antitrust, Financial Crisis, Banks, Great Recession, Fdr, Wall Street, Simon Johnson, Franklin Roosevelt, Business News

In the spring of 2009, Obama and his senior advisers did not seem terribly troubled by the dangerous concentration of power, wealth and hubris on Wall...

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Simon Johnson: 'Too Big To Fail' Banks Will Precipitate Another Meltdown

bloomberg.com | James Pressley | Posted 05.25.2011

Read More: Goldman Sachs, JPMorgan Chase, Megabanks, James Kwak, Economic Crisis, Too Big to Fail, Bank of America, Financial Crisis, Alan Greenspan, Simon Johnson, Recession, Business News

[Alan] Greenspan the bank buster crops up near the end of "13 Bankers," Simon Johnson and James Kwak's reasoned look at how Wall Street became what th...

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James Kwak: JPMorgan Ad's Dubious Promises To Boost Lending

baselinescenario.com | James Kwak | Posted 05.25.2011

Read More: JPMorgan Chase, Bank Lending, James Kwak, Advertising, Economy, Economic Recovery, Baseline Scenario, Recession, Jpmorgan, Small Business Lending, Business News

At The Baseline Scenario, James Kwak challenges a new JPMorgan ad that pledges to lend $10 billion to small business this year: "according to the ad i...

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Best Of The Financial Blogosphere: Feb. 19

Huffington Post | Ryan McCarthy and Grace Kiser | Posted 05.25.2011

Read More: Mortgage Insurance, Henry Paulson, James Kwak, Jpmorgan, The Atlantic, Business News

Each weekday, we'll be scouring the financial blogosphere for the best bits of wisdom from financial insiders, analysts and economists. Check back eve...

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Simon Johnson And James Kwak: Is Summers Ready to Get Tough on Big Banks?

nytimes.com | SIMON JOHNSON and JAMES KWAK | Posted 05.25.2011

Read More: Financial Regulatory Reform, James Kwak, Financial Reform, Larry Summers, Timothy Geithner, Simon Johnson, Obama Financial Reform, Barack Obama, Lawrence Summers, Business News

Financial regulation is currently in no-man's land, having emerged more or less intact from the House frying pan before facing the gantlet of the Sena...

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China's Boom: The Sure Thing Not to Bet On in 2010

Eric Schurenberg | Posted 05.25.2011

Read More: Chinese Economy, James Kwak, Cbs, CBS MoneyWatch.Com, Larry Swedroe, Emerging Markets, The Baseline Scenario, Business News
Eric Schurenberg

If it's so clear that this is China's year, how are you going to make money betting on it? What's obvious to you is also obvious to everyone with a 401(k) account.

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Why Your Health Insurance Plan Is Worse Than You Think

washingtonpost.com | Simon Johnson and James Kwak | Posted 05.25.2011

Read More: Kaufman Center, James Kwak, Health Care Reform, Health Insurance, Simon Johnson, Consumer Reports, Business News

If we fail to reform our health care system this year, a major reason will be that a majority of Americans are satisfied with their health coverage an...

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