The EU is doing what it does best, deliberating about a future course of action. They would be wise to heed some earlier lessons from the American financial crisis that became apparent with hindsight.
Harry Reid is getting rolled by a pugnacious Republican minority so bereft of ideas it has no choice but to filibuster every piece of legislation the Democrats put on the table.
Now that the President is looking at banking reform, here are a number of proposals for the banks, the FDIC, Federal Reserve, and Treasury.
On Jan. 15, 2010, the Treasury Department released data showing how the largest mortgage servicers participating in the administration's $75 billion foreclosure prevention program have been performing.
why am I -- like you -- unsettled by headlines that show these same firms earning record profits and paying record bonuses? Because we taxpayers don't own enough of these firms. In many instances we own nothing.
Instead of trying to come up with a constructive solutio, the banks failed to accept that their exceptional earnings did not come to them.
The revelations that the New York Fed advised AIG to hide matters from regulators may be the final trigger for Geithner's departure -- and Obama needs to change his economic team anyway.
If government serves only to amplify the already considerable power of the mighty, then it's about as useful to the average person as a Louis XIV credenza is to a horse.
The general public has been kept unaware of several politically explosive facts. Given the extraordinary circumstances surrounding AIGs trades, the financial crisis, and bailouts, it's time to reopen this issue.
The AIG emails are the 'black box' of the financial crisis. If we understand the failure of AIG, we will more fully understand the crisis -- what caused it and how to prevent it from happening again.
What kind of two-ton albatrosses is Obama & Co. hanging around the neck of the Democrats with appointments like Geithner's?
The problem is that the American middle class is broke and unable to continue to over-consume.
It's easy to poke holes in the work of elected officials and other policy makers. But all these folks will tell you that governing is exponentially ha...
Dear Mr. Geithner, I struggle to understand why you ignore my letters and calls? I appreciate the depth and breadth of issues you face, decisio...
Did Goldman and the other banks know for certain that the bankruptcy of AIG was no longer a risk for them? That the Fed and Treasury were now irrevocably committed to saving AIG?
By Paul Kiel, ProPublica. The administration’s $75 billion mortgage modification program is meant to help 3 million to 4 million homeowners avo...