Stiglitz Economic Crisis

Joseph Stiglitz Testimony: Banks Have Failed 'Their Societal Mission'

Huffington Post | Grace Kiser | Posted 05.25.2011

In his testimony about compensation in the financial industry this morning, Columbia University economist Joseph Stiglitz told the House Financial Ser...

Help Wanted: Swedish Model to Kill Off Zombie Banks

Miles Mogulescu | Posted 05.25.2011

Miles Mogulescu

In order not to spook markets, Obama and a small team of financial commandos needs to orchestrate a sneak attack on the Zombie Banks.

Stiglitz Reality Check: Banks Fail All The Time (VIDEO)

The Huffington Post | Rachel Weiner | Posted 05.25.2011

Propping up banks on the backs of taxpayers is both costly and unnecessary, according to Nobel Prize-winning economist Joseph Stiglitz. In reality, ba...