The Approaching Muni Bond Collapse
Monoline insurance companies got greedy and wanted a piece of the sub-prime action. They started backing sub-prime mortgage-backed securities. Soon the mortgages blew up.
Monoline insurance companies got greedy and wanted a piece of the sub-prime action. They started backing sub-prime mortgage-backed securities. Soon the mortgages blew up.
New York Times | Posted 10.27.2009 | Politics
The consensus among economists is that the recession is over, and, technically, the herd is probably right. Corporate profitability has been boosted b...
Newsweek | Michael Hirsh | Posted 10.16.2009 | Business
Thanks to weeks of intense pressure from Wall Street banks and their customers in corporate America, the bill that was approved on Thursday by Rep. Ba...
Sony Kapoor | Posted 10.14.2009 | Business
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.
nytimes.com | Patrick McGeehan | Posted 10.12.2009 | New York
Tens of thousands of New Yorkers have had the unfortunate distinction of collecting unemployment benefits longer than anyone in the state's history. B...
Eddie Reeves | Posted 09.29.2009 | Business
For leaders who understand the value of well-executed strategic communications efforts, there are at least five key lessons to be learned from the bailout disaster one year ago.
Sen. Byron Dorgan | Posted 09.23.2009 | Politics
Legislation to overhaul America's financial system will be coming up in Congress this fall, and we can't let this moment pass without making some lasting changes.
Evening Standard | Paul Waugh | Posted 09.26.2009 | Business
This happy band of G7 finance ministers looked perfectly relaxed as they arrived for their gathering in Washington in April 2007. But it now turns ...
Garrett Johnson | Posted 09.20.2009 | Business
We are now at the mercy of modern Robber Barons, and if history is any judge, it is either them or us.
bloomberg.com | Posted 09.19.2009 | Business
Citigroup Inc.'s $301 billion of federal asset guarantees, extended by the U.S. last year to help save the bank from collapse, will be audited to calc...
Huffington Post | Alex Leo | Posted 06.28.2009 | Comedy
The "Daily Show"'s Samantha Bee, Larry Wilmore, John Oliver, Wyatt Cenac, Aasif Mandvi, and Jason Jones are on, even when their show is not. The late ...
Chip Ward | Posted 05.23.2009 | Business
A capitalist economy based on constant, unlimited growth is a reckless fantasy because ecosystems are not limitless; there are just so many pollinators, so many aquifers, so much fertile soil.
HuffingtonPost.com | Ryan Grim | Posted 05.21.2009 | Politics
JPMorgan Chairman and CEO Jamie Dimon, in a letter to shareholders, touched on a theme that critics of the Iraq war were highlighting more than a year...
Patrick Takahashi | Posted 03.26.2009 | Green
The majority of Americans believe in both creationism and an afterlife, the potential of some sort of religious doom, and think they are not causing global warming,
Grant Cardone | Posted 03.19.2009 | Living
Neither the world nor your survival will come to an end regardless of what happens economically. Can it get worse? Certainly. Will your lifestyle change? Yes, but so will most everyone else's!
Will Durst | Posted 03.09.2009 | Comedy
What we've been experiencing is bank robbery in reverse. The perps didn't even bother wearing masks. And triggered absolutely no silent alarms.
Fortune's Stanley Bing | Posted 03.02.2009 | Business
We in the business community are behind you 100% in your efforts to save our economy. But as you go, please be sensitive to the human cost that you may exact from those who can least afford to bear it.
Danny Schechter | Posted 02.23.2009 | Politics
Every President has a honeymoon, but Barack Obama's won't last long, probably because the real world won't give him a pass.
James Hoggan | Posted 12.15.2008 | Business
Here is some news you can use: 10 tips that have emerged over a public relations career of dealing with difficult announcements.
Rabbi Shmuley Boteach | Posted 11.28.2008 | Living
Sadly, religion in America seems incapable of rising to the challenge of giving people inner contentment and pulling them away from insatiable materialism.
Caroline Hirsch | Posted 11.03.2008 | Living
As the economy collapses and political scandals keep flaring up like bad rashes, where should America turn for answers? What's going to keep us from falling apart? The answer: laughter.
Fortune's Stanley Bing | Posted 11.03.2008 | Business
Congress passed the bailout, and the confused and psychotic market, which had been up for the day, started coming down. Tell me if you can figure out this particular iteration of its dementia. I can't.
Garrett Johnson | Posted 11.05.2009 | Business