Credit Default Swap

This Is It! World Premiere of Capitalism: A Love Story Tonight

Michael Moore | Posted 10.21.2009 | Entertainment


Michael Moore

Tonight, at the Venice Film Festival, I will premiere my new movie, "Capitalism: A Love Story." After 16 months of production, I am proud to present this work of mine to you. It is unlike anything you'll see this year.

How To Reform Credit Default Swaps

Ian Welsh | Posted 04.26.2009 | Business


Ian Welsh

The first step is a name change. Call them insurance, because that's what they are. The insure against the possibility that you won't get paid money someone owes you. Once they're called insurance, regulate them like insurance.

AIG, OMG

Francine Hardaway | Posted 04.18.2009 | Politics


Francine Hardaway

This poor dude Liddy, who retired from Allstate and came back to run AIG and be a hero for his country. I bet he's really sorry now. I'm listening to...

"Republicants" Deny the Sky is Falling

Leo W. Gerard | Posted 03.17.2009 | Politics


Leo W. Gerard

Republicans are terrified of the stimulus because if it works, then Americans will think good thoughts about government action and spending.