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Peter Morici

Obama's Economic Sunshine Under a Cloud

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

President Obama told the nation the economy was getting stronger by the day. Meanwhile, a rising number of economists and market pros seem to be taking a decided issue with the President's sunny economic assessment.

Ryan Grim

Geithner, Summers Eclipsed As White House Changes Posture

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

Rolling out his new, more aggressive approach to Wall Street, President Obama turned to some advisers who hadn't been seen much in the past year. Stan...

Peter Morici: Obama May Denounce Giant Bonuses But He "Takes Care Of" His Wall Street "Friends"

Seeking Alpha | Posted 05.25.2011 | Business

In Britain, the Prime Minister is imposing a special one-time claw back tax that will take 50 percent of bankers bonuses. In America, the bankers ge...

Too Much Economic Hot Air?

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Spreading talk that the financial crisis is on its last leg seems decidedly unjustified because it's woefully devoid of supporting evidence.

Detroit's Day of Reckoning (with Thanks to David Halberstam)

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

This week's bailout hearing signaled what looks like the ultimate day of reckoning for this country's once-great and world-dominating car making industry. All Americans are tired of the excuses.