Daniel Gross: Why Wall Street Bonuses Will Continue to Exceed Profits
This year, compensation will again eat up something close to a majority of Wall Street's revenues. And while Goldman and Morgan Stanley have paid back...
This year, compensation will again eat up something close to a majority of Wall Street's revenues. And while Goldman and Morgan Stanley have paid back...
newsweek.com | Daniel Gross | Posted 11.24.2009 | Business
While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...
Newsweek | Posted 08.14.2009 | Business
Could our long national nightmare be over? The economic contraction, this Great Recession, began in December 2007, and there's no apparent end in sigh...
Mitchell Bard | Posted 07.18.2009 | Politics
Contrary to what John Boehner says, a big foot needs to be placed on the financial industry to make sure that last year's near collapse can never happen again.
Newsweek | Daniel Gross | Posted 04.14.2009 | Business
Investment professionals and econo-pundits claiming to speak for Wall Street have been blaming President Obama for the recent run of losses in the sto...
Newsweek | Daniel Gross | Posted 04.10.2009 | Business
Last week, I wrote that the Republican claim that Obama is fighting a war against the rich was bogus. Over the weekend, I thought better of it. It tur...
HuffingtonPost.com | Jason Linkins | Posted 04.06.2009 | Politics
Been hearing that the administration has "declared war on the rich," lately? Well, Newsweek's Daniel Gross puts our latest would-be culture warriors ...
Newsweek | Daniel Gross | Posted 03.11.2009 | Business
The dumb, willfully blind optimists who dominated the late boom have been evicted--and the ardent declinists, the bears and the prophetic historians h...
Newsweek | Daniel Gross | Posted 02.07.2009 | Business
The Federal Deposit Insurance Corp. on Monday agreed to sell IndyMac, a failed bank it took over last July, to a group of sharp Wall Street operators....
Slate | Daniel Gross | Posted 12.24.2008 | Business
It's difficult to avoid the comparisons between the current sad state of financial affairs and the Great Depression. "This is not like 1987 or 1998 or...
Slate Magazine | Daniel Gross | Posted 10.23.2009 | Business