Commodity Futures Modernization Act

How to Regulate Derivatives: Barry Ritholtz

The Big Picture | Barry Ritholtz | Posted 10.08.2009 | Business


Any plan that seeks to reverse the unregulated wild west that derivatives have existed in since 2000 must have a simple beginning: Repeal the Commodit...

UBS Money Laundering: What Did Phil Gramm Know?

Robert Scheer | Posted 09.18.2009 | Business


Robert Scheer

Given the widespread involvement of UBS in what the Justice Department alleges were efforts to violate U.S. tax laws, it must be asked: Did Gramm have no inkling about what was going on?

Larry Summers: Brilliant Mind, Toxic Ideas

Arianna Huffington | Posted 04.25.2009 | Politics


Arianna Huffington

It was on Summers' watch that the credit-default swaps warhead that has blown up our economy was launched. It would be hard to make assumptions that turned out to be more wrong than his were.

AIG Executives Win Record Government Bailout: Next Stop, Disneyland

Deborah Senn | Posted 11.07.2008 | Business


Deborah Senn

Too often insurers create labyrinthine corporate structures to avoid oversight -- when the "non-insurance" holding company is the puppet-master for the entire corporate entity.

Fifty Chimpanzees or One Toothless Gorilla

Deborah Senn | Posted 10.24.2008 | Business


Deborah Senn

AIG's financial meltdown this past week was not the result of failed insurance regulation. (Go ahead. Read that one more time, real slow.)

A Nation of Village Idiots

James Moore | Posted 03.02.2009 | Business


James Moore

Don't let them tell you this economic meltdown is a complicated mess. It's not. Our national financial crisis is readily understood by anyone who has seen greed and hypocrisy.

McCain Econ Advisor Phil Gramm: Recession Starter

Lou Dubose | Posted 04.18.2008 | Home


Lou Dubose

Former Texas senator Phil Gramm is McCain's economic brain, and the current economic crisis is not the first one made possible by Gramm's sneaky commodity futures act of 2000.