The financial crisis, the biggest in living memory, has tilted the political and financial landscape in a direction that makes Tobin Taxes not just more desirable but also much easier to implement.
The head of a new Congressional panel set up to monitor the gigantic federal bailout says the government still does not seem to have a coherent strate...
A few months ago I found myself at a meeting of economists and finance officials, discussing -- what else? -- the crisis. There was a lot of soul-sear...
The Treasury and Fed added to the ever-growing confusion over various bailout plans by announcing two new multi-billion dollar efforts today. At the s...
Now that the government has agreed to rescue Citigroup (C), investors are pondering again a question that never seems to die: Wasn't it a mistake to l...
AIG, Citibank and a number of other federally bailed-out financial institutions have no plans to cancel hundreds of millions of dollars in sports team...
President-elect Barack Obama's economic team was formally unveiled today: Tim Geithner, president of the New York Federal reserve, is Obama's pick for...
If you thought the $700 billion bailout was bad, think again. The Federal Reserve is apparently handing out two trillion dollars in loans and it won't disclose where the money is going to.
Is the Midwest about to tumble into Lake Erie?
Sure sounds that way. With General Motors teetering at the edge of insolvency, the company's backers a...
Congressional Democrats yesterday abandoned plans to offer a wide-ranging economic stimulus plan next week, putting off any chance that the federal go...
Walter Buczynski was a top executive at a Maryland mortgage lender before he killed his wife and jumped off a bridge last January.
Karthik Rajaram, 4...
Obama gave twelve major education speeches in this campaign and McCain only two. McCain hasn't introduced a major education initiative in his 26 years in Congress.
Negotiators for the Treasury and Federal Deposit Insurance Corp. are nearing agreement on a plan to have the government guarantee the mortgages of mil...
Jon Stewart finds an eerie similarity between President Bush's big bailout speech and his Iraq invasion speech five years ago. "Those who do not study...
Republican presidential nominee John McCain will support a proposed $700 billion bailout of the financial markets, Senate Majority Leader Harry Reid (...
For the first time since 1932 a presidential election is taking place in the midst of a genuine financial crisis. The reaction of the candidates was r...