Save the Jeep; Save the Nation
Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.
Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.
Alan Schram | Posted 03.25.2009 | Business
It's not the government's job to make stocks go up. It's their job to ensure stability and confidence to counter the fear and panic now so prevalent all over the world. Markets will find their own equilibrium when that happens.
Mike Papantonio | Posted 03.25.2009 | Business
The failures of the "Big 3" had nothing to do with union workers, as the GOP has been saying. It had to do with the fact that these industries didn't adapt to the times
Mike Papantonio | Posted 03.26.2009 | Business
If the centralized, organized mouthpiece for labor is destroyed, then so is the only advocacy vehicle available to the nonunion worker.
The Media Consortium | Posted 03.25.2009 | Business
We are clearly out of options that match up with Friedman's monetarism, indicating that public policy has nowhere left to turn except direct government spending on economic support.
New York Magazine | Posted 03.26.2009 | Business
Last week's New York Times article, which blamed him for bringing down Citigroup and really the entire global economy, must have been difficult for Ro...
Joe Peyronnin | Posted 03.25.2009 | Business
It is going to take more than a $750 billion TARP for the newly established "Office of Financial Stability" to right the ship.
Alan Schram | Posted 03.26.2009 | Business
The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.
CNN | Posted 03.26.2009 | Business
Forbes magazine President and CEO Steve Forbes called Treasury Secretary Henry Paulson "the worst treasury secretary we've had in modern times", citin...
Huffington Post | Dave Burdick | Posted 03.26.2009 | Business
All weekend, the media has been atwitter with the rumor of enormous impending job cuts at Citigroup. This morning, Clusterstock reports that Citigroup...
AP | JOHN DUNBAR | Posted 03.26.2009 | Business
WASHINGTON — Some of the nation's largest banks sharing in the $700 billion government bailout of the financial industry tried to assure lawmake...
Howard Schweber | Posted 03.26.2009 | Business
Paulson now says that the administration will not, after all, use any of the $700 billion to purchase asset-based securities. At this point it seems salient to ask, what the hell is going on?
AP | ALAN ZIBEL | Posted 03.26.2009 | Business
WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...
AP | ALAN ZIBEL | Posted 03.26.2009 | Business
WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...
AP | ALAN ZIBEL | Posted 03.26.2009 | Business
WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...
Russ Edelman | Posted 03.26.2009 | Business
By learning how to speak up, confront situations and make choices, overly nice guys can help break the downward slide in this economy.
Patricia Zohn | Posted 03.26.2009 | Business
I am still imagining this whole thing to be a physical thing -- something you can get your arms around, like a guy -- and soothe, by whispering sweet nothings in his ear.
ABC News | BRIAN ROSS and RICHARD ESPOSITO | Posted 03.26.2009 | Business
The U.S. Postal Inspection Service posted a $100,000 reward late Wednesday for information about a flurry of threatening letters sent to JP Morgan Cha...
Fortune's Stanley Bing | Posted 03.26.2009 | Business
Today we can add another group to the list of those who require intercession by We the People: Big Banks that have mismanaged the deposits entrusted to them by their customers.
Robert Reed | Posted 03.26.2009 | Business
Don't kid yourself, Buffett knows the score. That's why he favors a bailout! Believe me, without the distinct possibility of a taxpayer rescue, Buffett doesn't go anywhere near Goldman, GE or anything else.
Henry Blodget | Posted 03.26.2009 | Business
Now that the government has been terrified into rubber-stamping the Wall Street bailout, what happens now? I wish the news were better, but in opinion, here's the most likely scenario.
Earl Ofari Hutchinson | Posted 03.26.2009 | Politics
Team Obama has matched and in some cases exceeded Team McCain in the mad dash to bundle cash from Wall Street with one even more troubling note.
Neil Grossman | Posted 03.26.2009 | Business
Instead of buying bad debts from financial institutions at a relatively arbitrary price, I suggest we do the following.
Robyn O'Brien | Posted 03.26.2009 | Business
How does that impact a family in Houston or a farmer in Iowa? It means that it is going to become harder to borrow money since the banks don't want to make loans.
Danny Schechter | Posted 03.26.2009 | Business
As housing implodes, is our nation at an economic tipping point?
Leo W. Gerard | Posted 03.25.2009 | Business