Because sometimes seven and a half things are just not enough things to know, here are a few more:
For a decade, Wall Street was playing funny money games, and many Americans also felt like they were invited to the celebration. We were living in fantasy land, but the fantasy is over and we woke up to a nightmare.
I've been reading Maria Bartiromo's new book, The Weekend That Changed Wall Street. A better title might have been "The Weekend that Changed the World." It was America's chance to bottom out. We didn't.
It turns out that AIG reportedly wanted to pay 60 cents on the dollar for Abacus deals it had insured, but Geither's New York Fed directed them to pay the full amount.
Reporting that Main Street was complicit in the financial meltdown is like blaming a murder victim for being in the wrong place at the wrong time.
Government-appointed TARP watchdog Neil Barofsky said a Senate hearing Tuesday that he plans to review AIG's payments of billions in taxpayer bailout ...
I would love for Tim Geithner or anyone else in the administration or Congress to explain why they think these naked Credit Default Swaps must be paid off.
What is scandalous is not only the US$165 million in AIG bonuses. It's the US$180 billion which has been shoveled into AIG by taxpayers to date, funds...
