If this deadly dynamic isn't solved -- if the biggest banks aren't broken up, if the Department of Justice doesn't start prosecuting crime in the financial sector -- our country will in the not too distant future see a financial crisis far worse than in 2008.
The ghosts of the Enron Corporation are haunting us still, and they are a lot scarier than any horror movie ghosts because, unlike the Hollywood variety, these ghosts still have enough substance to cause an economic nightmare.
Let's not hold Arthur Andersen up as example of anything other than an enterprise brought down by corruption that started at the top and consumed a once honest firm.
As the financial storm brewed in the summer of 2008 and institutions feared for their survival, a bit of good news bubbled through large banks and the...
Our kids today are already surrounded by forces that encourage them to be compliant. The very last thing they need is parents who've taught them to be good soldiers.
Although top executives may have been guilty of wrongdoing, there are more than 30,000 innocent employees of Goldman Sachs who could be harmed by this relentless bipartisan pile-on.
Criminal behavior. No trust. Reputation destroyed. No customers. I expect Goldman Sachs to be out of business by the end of this year and maybe before the November election. That's just my opinion, of course.
Ninety minutes into our meeting, Skilling lowered his eyes to the floor. "I apologize for asking," he said, embarrassment in his voice. "Could you buy...
A Martian reading Rich's words would almost certainly emerge from the column believing that Tiger Woods got famous on the strength of his claims of being faithful to his wife.