AIG: We Shall Know the Truth
Before any deals are made to end government (read: taxpayer) control of AIG, we should demand answers to questions such as: Who knew what, and when? Who benefited, and by exactly how much?
Before any deals are made to end government (read: taxpayer) control of AIG, we should demand answers to questions such as: Who knew what, and when? Who benefited, and by exactly how much?
Beautiful loser Where you gonna fall? When you realize You just can't have it all -Bob Seger In casino circles, the name they use to refer to p...
This article originally appeared on my site Credit Writedowns Matt Taibbi is one of the few commentators in the mainstream media who is not worried a...
Last year, enough food was produced on our planet to feed humanity nearly twice over. So how is it that 30 children will die of hunger or a related cause by the time you finish reading this column?
This article originally appeared on my site Credit Writedowns That is the question Newsweek asked of the Democratic Congressman from Massachusetts in...
This article originally appeared on my site Credit Writedowns Below are three videos from a talk at the 2009 Economics of Peace Conference in Sonoma,...
This article originally appeared on my site Credit Writedowns When I read Yves Smith's recent comments on Bank of America's repayment of its TARP fun...
One night when I was in junior high, my recently retired stepfather was innovating in the kitchen. He was a burgeoning cook, with lots of time on his ...
One would think that the uncovering of a 17-year lie to cover up records and deliberations by unelected officials would be cause for public outrage. But that didn't happen at the Federal Open Market Committee.
By Zach Carter, Media Consortium Blogger Unemployment figures in the U.S. are staggering: The official rate stands at 10.2%, the highest in 26 years....
Congress is moving at a pace that can fairly be characterized as astonishingly fast to slash the number of Americans who lack health insurance by more than half.
Currently, oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem.
Often, people will look at a high-profile example of corruption, and conclude that the egregious act is an exception to the rule. In reality, it might be the tip of the iceberg.
by Zach Carter, Media Consortium Blogger Last week, President Barack Obama released key legislation designed to fight the banking industry's too-big-...
Regulators appear to have placed a higher value on protecting the interests of those who sell financial products than on the interests of consumers of transparent, safe, and fair financial products.
Women like Brooksley Born have a long history of being whistle-blowers in systems dominated by men. Perhaps this time Congress -- and the American people -- will listen.
This bill is one more act of sleight of hand by a Congress that, to the detriment of the public, fails to see that banks are there to serve the public good and can be regulated with such a goal.
By Zach Carter, Media Consortium Blogger Bailout pay czar Ken Feinberg raised a ruckus last week when he announced plans to slash cash payouts to exe...
How would you feel if you discovered that a highly-rated bond received its grade not because the company is strong, but because the rating agency assumed the government would bail the company out?
Where will we end up in a new regulated environment? Jonathan Tisch asks some of those closest to President Obama: Bill Daley, lawyer Marty Lipton and Penny Pritzker.
Twelve months removed from the forced bailout of financial institutions by US taxpayers, Goldman Sachs is back to paying its employees an average annu...