In Washington and on Main Street, politicians and voters are railing against Wall Street's multi- million-dollar pay packages. In the financial world,...
Stephen Gyllenhaal | Posted 10.29.2009 | Books
The Times article is delicious reading if you are interested in the strange world of past and present psychiatry, but what caught my eye most was a dream that the journalist reported to have had.
Mike Papantonio | Posted 10.28.2009 | Business
Open the phonebook and randomly pick the name of a stockbroker or a bank president. Call that person and ask them to explain to you how a synthetic or a derivative actually works.
Leo W. Gerard | Posted 10.23.2009 | Business
In New York, the oldest and snobbiest financial ventures are called "white shoe" firms. Their arrogance, risky investments and confounding dealing in derivatives threw the rest of us into the Great Recession.
James Altucher | Posted 10.03.2009 | Business
My friend had just earned a $1 million in the midst of the worst recession in 75 years. Was he excited? Hardly. He was too worried about being broke by this same time next year.
Chris Weigant | Posted 05.02.2009 | Politics
"I am ashamed at getting my stimulus bill passed so quickly. Republicans, those masters of bipartisanship, offered their sincere efforts to delay this bill for months and, I admit, I ignored them."
AP | JIM KUHNHENN and TOM RAUM | Posted 04.18.2009 | Business
WASHINGTON — Under intense pressure from the Obama administration and Congress, the head of bailed-out insurance giant AIG declared Wednesday th...
Justin Callaway | Posted 04.09.2009 | Politics
I used to joke helplessly that I'd be better off working for less in a menial retail job with good benefits once you weigh my hourly rate with the high out-of-pocket cost of my lack of benefits.
Wall Street Journal/HuffPost | Posted 01.08.2009 | Business
Update 4:40pm EST: Morgan Stanley's CEO John Mack has announced that he will not be getting a bonus for the second year in a row: Morgan Stanley C...
Bloomberg | Robert Schmidt and Ian Katz | Posted 10.29.2009 | Business