Just How Corrupt are the Bank Regulators?
Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?
Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?
Jerry Brown | Posted 09.22.2009 | Business
Some called Beverly Hills financial adviser Stanley Chais an investment wizard, but in reality he was nothing more than a glorified middleman, channeling hundreds of millions of dollars in investors' funds to Bernie Madoff in New York.
Norman Horowitz | Posted 08.29.2009 | Business
We are all victims of a deregulatory Tsunami that has been in process in order to make the "big guys bigger."
Robert Scheer | Posted 08.01.2009 | Business
How convenient for the judge and the media to paint Bernard Madoff as Mr. Evil, a uniquely venal blight on an otherwise responsible financial industry in which money is handled honestly and with transparency.
The Big Picture | Barry Rithholtz | Posted 07.31.2009 | Business
Last week, UBS announced a 2nd Quarter loss "due to restructuring charges." The banking giant is raising $3.45 billion in a stock sale. Partly owned ...
Sahil Kapur | Posted 06.13.2009 | Politics
By deflecting their elitism onto their rivals, the party of plutocrats has for decades held the trust of millions of Americans while simultaneously swindling them.
Mark Weisbrot | Posted 05.09.2009 | World
The contemporary idea of the "global economy" is based on a misapplied analogy to the historical development of national economies.
Monica Youn | Posted 05.08.2009 | Politics
If government officials are in the pocket of Wall Street, how can we expect them to identify and defuse problems before they turn into catastrophes?
Ann Pettifor | Posted 05.03.2009 | Business
I am willing to bet that the group of 20 leaders will very likely fail in their aim of stabilizing the global economy.
Lincoln Mitchell | Posted 05.03.2009 | World
Due to the impact of the downturn in the US and its effect on the rest of the world, Obama is forced into a very strange position -- one that is part rock star and part Dr. Doom.
Don McNay | Posted 05.02.2009 | Business
I used to schedule an out of town trip then meetings the next day. Now I can't. I am not sure if I will get back or if I will get home exhausted and stressed.
Ari Melber | Posted 04.25.2009 | Politics
In a galling demonstration of Washington's tangled priorities, leaders in both parties still refuse to tap Eliot Spitzer's expertise for policymaking and enforcement in the current crisis.
William Bradley | Posted 04.25.2009 | Media
Obama's all-media offensive is working, and, coincidence or not, is happening at the same time as some good news.
Don McNay | Posted 04.20.2009 | Business
There has been talk about appointing a new "Systemic Risk Regulator." This "Super Czar" would oversee all of the financial services industry. We had a "Super Czar" last year. His name was Henry Paulson.
Judith Ellis | Posted 04.18.2009 | Politics
Nassim Nicholas Taleb addresses some very important issues in an interview with CNBC. On my blog I have written more than a few posts on this brillian...
Mike Papantonio | Posted 04.12.2009 | Business
As Sullenberger continues to speak out, he should make it clear that all the pilots and crews who are still operating in the deregulated airline industry are truly heroes.
Jeff Madrick | Posted 03.24.2009 | Politics
Gramm's deregulationist spirit is all over this crisis.
Texas Star-Telegram | Dave Montgomery | Posted 03.12.2009 | Business
Electricity rates in Texas have soared well above the national average under a 10-year-old deregulation law, according to a study by a coalition of ci...
Don McNay | Posted 03.12.2009 | Business
There has been a long and irreversible trend toward small, entrepreneurial businesses, located far from money centers. Instead, Washington keeps throwing money at these "too big to fail" money losers.
Michael DeJong | Posted 02.13.2009 | Living
Long gone is the unique American social phenomenon that each new generation will "do better" than the last. Things are starting to feel more like "The Grapes of Wrath" than "The Great Gatsby."
Bill Allen | Posted 02.05.2009 | Politics
In a brilliant move, President Bush found almost the only way possible to make people forget the tenure of John Ashcroft: naming Albert Gonzalez his successor.
John O'Neil | Posted 01.15.2009 | Politics
The nation must boldly rebuild to avoid the perils of a dangerously gyrating world where yesterday's swaggering certainty is tomorrow's worn out wisdom.
Leo W. Gerard | Posted 01.12.2009 | Business
America is suffering. She is, however, afflicted with an avoidable condition she brought on herself, like a hangover. Only this one's interminable and internationally contagious.
Michael DeJong | Posted 01.10.2009 | Living
Living consciously and mindfully of the potential for cradle-to-cradle living and sustainability is empowering enough to make tiny but impactful different choices in our purchases.
Fortune's Stanley Bing | Posted 01.09.2009 | Business
Today Fortune editor Geoff Colvin looks at four potential repositories for blame in our ongoing saga of doom. They're a credible group of whipping boys, from Greenspan to Clinton to the collapse of regulation.
Garrett Johnson | Posted 09.23.2009 | Business