Wall Street Crash

Economc Turmoil Could Spell Trouble for Innovation

Posted 10.09.2011

Read More: Michael Greenstone, Education, Unemployment, Tyler Cowen, Obama Debt Limit, Wall Street Crash, Debt Debate, Debt Limit, Jobs, Hamilton Project, Innovation Economy, Brookings Institution, Joel-Packer, Total Factor Productivity, Business News

While the stock market has plummeted on concerns about the near-term strength of the American economy, the larger issue could be that the long-term pr...

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Santa Special: A Fatter Net Worth

Dan Dorfman | Posted 05.25.2011

Read More: Wall Street Crash, Wall Street, Dow Jones, Business News
Dan Dorfman

Perhaps, judging from the way our trio of pros see it, John Wayne had the right idea when he said "courage is being scared to death...and saddling up anyway."

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Citibank: Will Anyone Hold Rubin and Prince Accountable?

Zach Carter | Posted 05.25.2011

Read More: Citi, Citigroup, Chuck Prince, Sec, Wall Street Crash, Securities Fraud, Wall Street, Wall Street Crisis, Citibank, Rubin, Subprime, Wall Street Fraud, White-Collar Crime, Business News
Zach Carter

When bankers think they can get away with rampant fraud and get paid very well to do it, they'll do it. Robert Rubin's best defense is that he really isn't all that bright -- he's either an idiot or a criminal.

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Secretive Speed Traders In Spotlight After Flash Crash On Wall Street

AP | BERNARD CONDON | Posted 05.25.2011

Read More: Wall Street Speed Traders, Wall Street Crash, Financial Reform, Wall Street Reform, Speed Traders, Wall Street, Business News

NEW YORK — If you saw a penny on the sidewalk, would you pick it up? You may think it's not worth the effort, but a breed of investors who have...

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How Santa Claus and the Easter Bunny colluded to crash the stock market

John Standerfer | Posted 05.25.2011

Read More: Santa Claus, Goldman Sachs, British Petroleum, Wall Street Crash, Stock Market Crash, Easter Bunny, Stock Market, Business News
John Standerfer

Another week brings another round of political theatre on capital hill. This week's topic was the stock market "crash" of last week and had all the t...

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From Wall Street to Neverland: The Year America Didn't Sleep

Qanta Ahmed, MD | Posted 11.17.2011

Read More: Michael Jackson, Greed, Sleeplessness, Wall Street Crash, War on Terror, Britney Spears, Afghanistan, San Diego, Economy, Propofol, Economic Crisis, Neverland, Workaholics, Neverland Ranch, Michael Jackson Neverland, Afghanistan War, Iraq War, US Economy, Sleep-Machismo, Cobra, Wall Street Crisis, Wall Street, Lehman Brothers, Insomnia, Machismo, Corporate Greed, Iraq, Heath Ledger, Health Care, National Sleep Foundation, Sleep, Healthy Living News
Qanta Ahmed, MD

The public health burden of insomnia on the US is measured in the hundreds of billions of dollars. While we routinely cut calories, or cram in exercise, sleep has not even entered the conversational lexicon.

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Want to Close Guantanamo? No Problem

Kathy Rose | Posted 05.25.2011

Read More: Guantanamo Closure, Bahamas, Manhattan, Wall Street Crash, Palau, Guantanamo Detainees, Guantanamo, New York, Politics News
Kathy Rose

Why is everyone making such a fuss about where to move the men who are still at Guantanamo? I have the solution. I live in a huge anonymous apartment building in Manhattan...

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Hallelujah, Salvation Is At Hand! Or Is It?

Dan Dorfman | Posted 05.25.2011

Read More: Job Losses, Obama Wall Street, Wall Street Crash, Unemployment Rate, Mortgage Crisis, Obama Financial Crisis, Unemployment Numbers, Global Recession, Dow Industrial, Wall Street Crisis, Mortgage Relief, Unemployment, Obama Job Loss, Wall Street, Economic Recession, Recession Fears, Global Financial Crisis, Economic Stimulus, Economic Recovery, Business News
Dan Dorfman

Fundamental problems are not being resolved, but rather papered over: the excess debt of low quality, excess speculation in the financial markets and mushrooming debt and deficits.

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How Bear Markets End

Henry Blodget | Posted 05.25.2011

Read More: Wall Street Crash, Stocks, Bear Market, Business News
Henry Blodget

The bear phases of these markets lasted from 3-30 months (we're currently in month 17). The drop from 1929-1932 was also about 30 months.

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The Secret Formula That Destroyed Wall Street

Wired | Felix Salmon | Posted 05.25.2011

Read More: Wall Street Crash, Wall Street Formula, Wall Street, Business News

A year ago, it was hardly unthinkable that a math wizard like David X. Li might someday earn a Nobel Prize. After all, financial economists--even Wal...

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The Oscars: Party Like It's 1929 ...

Martin Lewis | Posted 05.25.2011

Read More: Paris Hilton, Oscar, Peter Fonda, Richard Dreyfuss, Martin Landau, Wall Street Crash, Academy Awards, Elliott Gould, The Oscars, Jennifer Tilly, Rod Steiger, Kevin Pollak, Lynn Redgrave, James Cromwell, r.d. Laing, Tony Curtis, Great Depression, The Academy Awards, William H. Macy, Lindsay Lohan, Glynis Johns, Vanity Fair, David Paymer, Sammy Glick, Dennis Hopper, Hollywood, Matthew Modine, Los Angeles, Hector Elizondo, Danny Aiello, Vanity UNfair, Shallow Insincere People, Jamie Fox, Rip Torn, Diane Ladd, Oscars, Ernest Borgnine, Shelly Winters, Mazola, Julie Benz, Sean Astin, Krista Allen, Chris Pine, Eddie Griffin, Captain Kirk, Entertainment News
Martin Lewis

Perhaps we can celebrate in the same spirit that inhabited that first Oscars at the Hollywood Roosevelt Hotel in May 1929, just 5 months before the whole world slid into the economic abyss.

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The Crash of Flight 1549: Maybe the Best Metaphor for 2009 We Could Hope For

Raymond Leon Roker | Posted 05.25.2011

Read More: Wall Street Crash, Stock Market Crash, Positive Thinking, Hope, Market Crash, US Airways Crash, Airplanes, Hudson River Plane Crash, Plane Crash, Faith, 2009, Crash, Chesley B. Sully Sullenberger, Home News
Raymond Leon Roker

Maybe the story of this jet crash is exactly the real life fable we needed seared into our nation's consciousness. What if yesterday's "miracle" was a perfect metaphor for 2009?

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Obama: Vacation's End

William Bradley | Posted 05.25.2011

Read More: Walmart, Wall Street Crash, Gaza, Afghanistan, Pakistan, George W. Bush, Roland Burris, Palestinians, Mumbai, Iran, Jim Jones, Barack Obama, Dick Cheney, Caroline Kennedy, Rod Blagojevich, Jerry Brown, Nancy Pelosi, Harry Reid, Hillary Clinton, Obama Transition, Iraq, Israel, Politics News
William Bradley

Obama's vacation ends like many of ours have over the years. With pleasant memories behind and significant problems ahead.

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What Recession?

Lauren Cahn | Posted 05.25.2011

Read More: Balanced Life, New York Times Magazine, Louboutin, Style, Vivier, Hermes, Katie Holmes on the New York Times Magazine, Mcmansions, Recession, Recession Style, Happiness, Economy, Expensive Clothing, Recessionista, Wall Street Crash, Celebrity Gossip Magazines, Economic Recession, Nintendo Wii Sales, Financial Crisis, Expensive Fashion, Fashion, Style News
Lauren Cahn

My question to anyone who cares to answer is: who is out there buying the Louboutin pumps? The Vivier booties? The Hermes scarves, the Chloe bags? Is it you? Or anyone you know?

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The Great Depression, The New Deal, World War II and the Crash of '08

Larry Beinhart | Posted 05.25.2011

Read More: Taxes, Energy, Depression, Wall Street Crash, Economy, Deficits, New Deal, Green, Bubble, World War II, Crash, Politics News
Larry Beinhart

Let's start with what everyone can agree on. There was a Great Depression, then the New Deal, then World War II. Also, that America emerged from tha...

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Why Not a "Bailout" That Restructures Health Care to Benefit All?

Michele Swenson | Posted 05.25.2011

Read More: Economic Crisis, Framing Issues, Comprehensive Health Care Reform, Single-Payer Health Care, Financial Crisis, Medicare for All, "Free-Market" Health Care, Health Care Crisis, Prescription Drug Reform, Medicare Advantage Plans, Wall Street Crash, Barack Obama Health Care Policy, Barack Obama Health Care, Congressional Bailout Package, Subprime Mortgages, Congressional Bailout, Business News
Michele Swenson

"Free-market" health care is as perverse an incentive as free-market police and fire protection would be, leaving everyone vulnerable, at the mercy of the marketplace.

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My Interview With Noam Chomsky on the Economy

Ben Cohen | Posted 05.25.2011

Read More: Wall Street Crash, Noam Chomsky, Vietnam, Bush Administration, Iraq War, South America, Torture, Economy, Chomsky, Poltical Commentary, Political Intellectual, Economic Intellectual, Economic Commentary, Alan Greenspan, Business News
Ben Cohen

Noam Chomsky's encyclopedic knowledge of political, philosophical and economic issues is simply breathtaking, as is his ability to break complex subjects down to their rawest essentials.

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New President, New CRA

Mark Winston Griffith | Posted 05.25.2011

Read More: Economy, Community Reinvestment, Community Reinvestment Act, Subprime Crisis, Phil Gramm, Wall Street Crash, Fdic, Bank Reform, Acorn, Obama Administration, Credit Crisis, Bank Loans, Barack Obama, Cra Reform, Cra, Subprime Mortgages, McCain Campaign, Financial Crisis, Business News
Mark Winston Griffith

This nation doesn't need a weaker CRA, but a re-conceived and far stronger tool in the effort to ensure ready access to quality, non-discriminatory, financial services in all communities.

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Paulson Deal Cheats American Taxpayers

Leo W. Gerard | Posted 05.25.2011

Read More: Goldman Sachs, Hank Paulson, Wall Street, Wells Fargo, U.S. Treasury, Henry Paulson, $700 Billion Bailout, Warren Buffett, Congress, Alan Greenspan, American Dream, Richard Kovacevich, Wall Street Crash, Stockholder Bonuses, Congressional Bailout, Financial Crisis, Treasury Secretary, Corporate Bonuses, Business News
Leo W. Gerard

We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.

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The Olympics of the Swindles

Rep. Major R. Owens | Posted 05.25.2011

Read More: Wall Street Crash, Fdic, David Leonhardt, Credit Default Swaps, Semi-Nationalized Banks, S&L Riot, Subprime Mortgages, Congressional Bailout, Charles Keating, Henry Paulson, Financial Crisis, S&L Resolution Trust Corporation, Sub-Prime Mortgage Crisis, S&L Crisis, Savings and Loan Scandal, Economy, Seidman, Alan Greenspan, Week in Review, Business News
Rep. Major R. Owens

The present economic collapse, which will surely devour more than a trillion taxpayer dollars within the next six months, utilized an earlier model -- the Savings and Loans swindle.

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Cost Of The Crash: $2.8 Trillion

Guardian | Posted 05.25.2011

Read More: Crisis Cost, Cost of the Crash, Financial Crisis, Wall Street Crash, $2.8 Trillion, Business News

Autumn's market mayhem has left the world's financial institutions nursing losses of $2.8tn, the Bank of England said today, as it called for fundamen...

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Deutsche Bank Calls for A Green Economic Recovery Plan

Frances Beinecke | Posted 05.25.2011

Read More: Oil and Gas, Energy, Renewable Energy Tax Credit, Wall Street Crash, S Renewable Energy, Renewable Energy, Rebuilding Infrastructure, Deutsche Bank, Green Infrastructure, Economic Recession, Mark Fulton, Alternative Fuels, Coal-Fired Power, Financial Crisis, Economic Stimulus, Climate Change, Climate Change 2009: Necessity and Opportunity in Turbulent Times, Solar Power, Global Warming, Green News
Frances Beinecke

If these trends in the fossil fuel markets continue, prices will drop, but that means companies won't invest in new projects. Inevitability, we will be looking at a brownout future.

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Why The Government Can't "Fix" the Crisis

Danny Schechter | Posted 05.25.2011

Read More: Moral Hazard, Bernanke, Hedge Funds, Consumer Spending, Greenspan, Fianacial Crisis, Greed, Treasury Department, Depression, Free Market Capitalism, Federal Reserve Bank, Market Confidence, James Suriwieki, Capitalism, Recession, Lehman Bros, Aig, JPMorgan Chase, Consumer Confidence, Wall Street Crash, Congressional Bailout, William Buitner, Bear Stearns, Alan Greenspan, Market Collapse, Business News
Danny Schechter

In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.

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When It Comes to Slicing the American Pie, McCain Serves Only the Rich

Leo W. Gerard | Posted 05.25.2011

Read More: Saks Fifth Avenue, Republican National Committee, John McCain, Joe the Plumber, Karl Rove, Poverty, Hank Paulson, Middle Class, Election ?€™08, Federal Reserve, Drew Griffin, $700 Billion Bailout, Valentino Garavani, Democrats, Sarah Palin, Barack Obama, Cnn, Unemployment, Wall Street, Joe Sixpack, Brother?S Keeper, Health Insurance, San Francisco, Paul Krugman, Foreclosure, Ben Bernanke, Socialist, Mortgage Bankers, Stimulus Package, Costco, Wall Street Crash, Financial Crisis, Obama Socialist, Obama Convention Speech, Congressional Bailout, Deregulation, Politics News
Leo W. Gerard

McCain and Palin are running around the country pretending the GOP ticket represents the best interests of the working class and small business owners. It's all false rhetoric and no real action.

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Indie Music: A Soundtrack for Troubling Financial Times

Georgianne Nienaber | Posted 05.25.2011

Read More: Entertainment, Atlanta, Tad Armstrong, Economy, Lee Kennedy, Linda Bolley, Independent Music, Music, Sonia Tetlow, Recession, Family Values, Claire Holley, Neworleans, Financial Crisis, Wall Street Crash, Entertainment News
Georgianne Nienaber

Like southern sweet tea on a hot afternoon, everything about the album Hush is just plain excellent and singer/songwriter Claire Holley's voice is nothing short of achingly beautiful.

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