The problem with these stimulus programs is that they are inefficient ways to create and preserve jobs. This has to be the lamest economic thinking since Hoover started tightening the screws at the onset of the Great Depression.
George Goehl | Posted 10.24.2009 | Business
We've reached an incredible moment when Alan Greenspan, Michael Moore, FDIC head Sheila Bair and Elizabeth Warren are all singing the same tune: calling for breaking up the big banks.
ft.com | Norma Cohen | Posted 10.07.2009 | Business
As the world's banking system teetered on the brink of collapse just about a year ago, there were widespread, heartfelt, calls for reform. Politici...
Rick Horowitz | Posted 09.25.2009 | Politics
There were those who expected the financial-services industry to slink away in embarrassment after the setbacks of the past year. These people misjudged us.
Financial Times | Keneth Rogoff | Posted 09.20.2009 | Business
When in doubt, bail it out," is the policy mantra 11 months after the September 2008 collapse of Lehman Brothers. With the global economy tentatively ...
Mike Lux | Posted 09.03.2009 | Home
Two leaders in the banking industry came out strongly in favor of the Consumer Financial Protection Agency Act, the very strong centerpiece of Obama's financial regulatory reform.
Mike Lux | Posted 08.03.2009 | Business
What is being recreated in front of our very eyes is the exact same system with the exact same problems that led to our financial collapse in the first place.
Mike Lux | Posted 07.26.2009 | Business
With the possible exception of the health care fight, there is no more important battle for the future of our economy and democracy than breaking up these too-big-to-fail financial institutions.
nytimes.com | FLOYD NORRIS | Posted 06.29.2009 | Business
Overall loan quality at American banks is the worst in at least a quarter century, and the quality of loans is deteriorating at the fastest pace ever,...
wsj.com | DAVID ENRICH, LIZ RAPPAPORT and JENNY STRASBURG | Posted 06.27.2009 | Business
Some banks are prodding the government to let them use public money to help buy troubled assets from the banks themselves. Banking trade groups are...
AP | MARCY GORDON | Posted 06.20.2009 | Business
WASHINGTON — The head of the Securities and Exchange Commission is objecting to a plan being weighed by the Obama administration to create a new...
Huffington Post | Ryan McCarthy | Posted 06.15.2009 | Business
The government says that Bank of America, the biggest bank in the U.S., needs to add board members with actual banking experience. The Wall Street Jo...
Howard Schweber | Posted 04.18.2009 | Business
Lately the torches-and-pitchforks voices have begun to drown out serious discussion. Time to take a deep breath or two: populist rage is a rotten basis for policy-making.
AP | JEANNINE AVERSA | Posted 04.10.2009 | Business
WASHINGTON — The nation's financial rule book must be rewritten to prevent a repeat of the global economic crisis now gripping the United States...
Dave Lindorff | Posted 11.20.2009 | Politics