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Wall Street Meltdown

Cannes 2010 Wrapup: The Awards, the Reviews, and So Much More!

Michael Giltz | Posted 05.25.2011 | Entertainment
Michael Giltz

OK, the 2010 Cannes Film Festival is over. Here are the awards, then the movies I saw rated on a four star scale and in order of basic preference.

Little Change On Wall St. A Year After Lehman Collapse

New York Times | Alex Berenson | Posted 05.25.2011 | Business

One year after the collapse of Lehman Brothers, the surprise is not how much has changed in the financial industry, but how little....

How Wall Street Ruined The Reputation Of American-Style Capitalism

Vanity Fair | Joseph Stiglitz | Posted 05.25.2011 | Business

Every crisis comes to an end--and, bleak as things seem now, the current economic crisis too shall pass. But no crisis, especially one of this severit...

For Economic Change, Say Goodbye to Wall Street, Hello to the Digital Route 66

Brian Ross | Posted 05.25.2011 | Business
Brian Ross

This is 2009, not 1909; the world has changed. The Internet means instant information and delivery of goods and documents that have allowed mega-businesses to sprout up all over the world.

How Obama's Adroit Symbolism Yields Sky-High Approval

William Bradley | Posted 05.25.2011 | Politics
William Bradley

Well, Obama has more than weathered a few highly-publicized controversies -- he has the highest approval rating for a president-elect in decades.

John McCain's Economic Plan: Laissez-Failure

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

The epic failure of the laissez-faire, "supply side," Milton Friedman, market fundamentalist ideology has only just begun to wreak its damage on American society and the world.