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The Greatest Story Never Told (So Far)

Joel Sucher | Posted 03.11.2015 | Business
Joel Sucher

It's all about how millions of Americans who may have been thrown out of their homes, or at least forced to stress about the possibility, were denied access to information that might have revealed how widespread the foreclosure problem was.

Secret Tapes Suggest Regulators At JPMorgan Were Blocked From Doing Their Jobs

ProPublica | Jake Bernstein | Posted 11.17.2014 | Business

This story originally appeared on ProPublica: As the Federal Reserve Bank of New York moved to beef up its oversight of Wall Street two years ago, ...

Goldman Sachs Three on a Match: Lehman, AIG and Carmen Segarra?

Jim Treacy | Posted 12.10.2014 | Business
Jim Treacy

Lehman down, AIG up, Carmen Segarra out and a seemingly well-connected, three-peat winner, Goldman Sachs, motors on...

Next Time Someone Says 'College Isn't Worth It Anymore,' Show Them This

The Huffington Post | Kevin Short | Posted 09.03.2014 | Business

Tuition costs are skyrocketing, student debt is soaring and it's extremely difficult for college grads to find good jobs. And yet, a four-year degree ...

NY Fed: Calm Down, The Job Market Isn't As Bad As You Think

Reuters | Posted 04.06.2014 | Business

By Jonathan Spicer NEW YORK, Feb 3 (Reuters) - A key measure of the U.S. labor market appears to exaggerate the damage brought on by t...

NY Fed Claims It Took 'Prompt Action' On Libor Four Years Ago

Reuters | Posted 09.10.2012 | Business

July 11 (Reuters) - The Federal Reserve Bank of New York will release on Friday documents showing it took "prompt action" four years ago to highlig...

Gerry Smith

FBI: Programmer Stole Source Code Worth Millions From NY Fed | Gerry Smith | Posted 03.19.2012 | Technology

Authorities on Wednesday said they had charged a Chinese computer programmer with stealing proprietary software code from the Federal Reserve Bank of ...

Consumer Debt Stops Declining After Nine Consecutive Quarters [CHARTS]

The Huffington Post | Maxwell Strachan | Posted 07.10.2011 | Business

This post has been updated. By at least a few measures, U.S. consumers are doing slightly better these days. That's according to a new report by...

The F Word: Economy is in the Eyes of the Beholder

Laura Flanders | Posted 05.25.2011 | Business
Laura Flanders

In the U.S. right now, some see robust growth, others a limping progress. Where Tim Geithner sees gentle waves, New York Times business reporter Gretchen Morgenson sees tsunamis.

Ryan Grim

New York Fed Warehousing Junk Loans On Its Books: Examiner's Report | Ryan Grim | Posted 05.25.2011 | Business

As Lehman Brothers careened toward bankruptcy in 2008, the New York Federal Reserve Bank came to its rescue, sopping up junk loans that the investment...

"Time for the Truth"

Eliot Spitzer | Posted 05.25.2011 | Business
Eliot Spitzer

We believe that the Valukas report cries out for an immediate Congressional investigation. As we did with A.I.G., we demand the release of the e-mails and internal documents from the New York Fed and Lehman executives.

Lehman Brothers Dies While Getting Away With Murder: Regulatory Capture

Reggie Middleton | Posted 05.25.2011 | Business
Reggie Middleton

Let's get something straight right off the bat. We all know there is a certain level of fraud sleight of hand in the financial industry. I have called...

Doubts at Fed Over A.I.G.'s $30 Billion Payout Two Fed Governors | GRETCHEN MORGENSON and LOUISE STORY | Posted 05.25.2011 | Business

Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board officials rejected a propo...

Ryan Grim

Fed E-Mails On AIG Show Disdain For Transparency | Ryan Grim | Posted 05.25.2011 | Business

Emails between senior Federal Reserve Board officials obtained by the Huffington Post reveal an organization dedicated to resisting transparency -- so...

Shahien Nasiripour

Fed's AIG Bailout: Bernanke Requests A 'Full Review' From Government Watchdog | Shahien Nasiripour | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke took the unusual step Tuesday of asking Congress's investigative arm to conduct a "full review" of the Fed's rol...

Fed Returns $46 Billion To Taxpayers, Gets Subpoena From Congress Over AIG

McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 05.25.2011 | Politics

In dual developments that underscored the complex reality of stressful financial times, the Federal Reserve said Tuesday that it returned to taxpayers...