Finance

Credit Card Paternalism: Redux

Jim Randel | Posted 06.26.2009 | Business


Jim Randel

To expect the government to cover all potential sink holes and then pull us out when we get in one, is silly.

Thomas B. Edsall

Crony Capitalism: How The Financial Industry Gets What It Wants

HuffingtonPost.com | Thomas B. Edsall | Posted 06.11.2009 | Business


The tilt of American policy in favor of the finance industry -- reflected in the policies of recent Treasury Secretaries Timothy Geithner, Henry Pauls...

Derivatives: The Crystal Meth of Finance

Thomas A. Bass | Posted 06.05.2009 | Business


Thomas A. Bass

The world economy sits on top of the world financial markets, and there is no hope of engineering an economic recovery without a functioning financial system.

Can 'Chewing Gum Rally' Stick?

Dan Dorfman | Posted 06.03.2009 | Business


Dan Dorfman

Hey, maybe I need a new pair of eyeglasses. The last time I looked, the financial scene appeared unmistakably cloudy and ominous. Not so to Wall Street's bulls.

The First 100 Days: A Whole That Is Greater Than Its Parts

Lincoln Mitchell | Posted 05.29.2009 | Politics


Lincoln Mitchell

When Obama became president, the country was reeling economically, directionless in foreign policy, losing credibility abroad and suffering a crisis of confidence at home. He has begun to turn all of this around.

Lessons From a Junk Yard

Michelle Renee | Posted 05.24.2009 | Living


Michelle Renee

If it wasn't for my allowing myself to let go of my previous programming about junk yards, I would never have done the research it took to find a glass guy that rocked and saved me hundreds of dollars.

As the Working Class Burns, Banksters Laugh All the Way to the Bank

Mike Garibaldi-Frick | Posted 05.05.2009 | Business


Mike Garibaldi-Frick

When will Americans wake up and hold the real criminals -- Banksters -- accountable for their actions, and pressure the government to enact systemic changes to prevent future abuses?

Jason Linkins

CNN Parrots Dubious Wall Street Talking Points On "Mark-To-Market"

HuffingtonPost.com | Jason Linkins | Posted 05.04.2009 | Media


Do you ever get the feeling that as your media professionals "explain" why the "financial system" seems to be "crapping its pants in public" that thei...

Keep the Baby -- Throw Out the Bathwater

Larry Gellman | Posted 05.04.2009 | Business


Larry Gellman

Those of you who are waiting for the economy to get "back" to normal will probably be waiting for the rest of your lives.

It's Like Trusting A Drug Addict To Arrange His Own Intervention

Stuart Whatley | Posted 05.04.2009 | Politics


Stuart Whatley

As long as banks are allowed to continue denying the true toxicity of their toxic assets, the longer the current financial impasse will continue.

The Workplace: A Domestic Violence Victim's Potential Safe Haven

Becky Lee | Posted 05.03.2009 | Business


Becky Lee

Abuse is blind to race, ethnicity, religion, sexual orientation, social or economic status. Thus, domestic violence will follow anyone into the workplace.

Reading The Pictures: Obama Puts Bankers On Parade

Michael Shaw | Posted 04.29.2009 | Media


Michael Shaw

2009-03-29-bankerparade.jpg I'm thrilled how Obama corralled those bank CEOs on Friday for a selflessness workshop, then kicked them loose out on the driveway to face a hungry media.

Back to the Future

Larry Gellman | Posted 04.27.2009 | Living


Larry Gellman

Although it may not be as much fun as the more recent version, the new normal will probably look more like the normal of my youth than the unsustainable glory days of the last 20 years.

Sam Stein

Geithner Won't Endorse Bonus Tax Bill, Says Right Balance Will Be Found

HuffingtonPost.com | Sam Stein | Posted 04.23.2009 | Politics


Treasury Secretary Timothy Geithner refused to endorse a congressional effort to heavily tax bonuses issued by TARP recipients, saying that the govern...

A Crime to Make Money

Paul Jenkins | Posted 04.19.2009 | Politics


Paul Jenkins

It seems to have finally dawned on government leaders that bonus recipients are not the only ones who should be afraid.

Should Geithner, Summers, Bernanke et al. Go?

Judith Ellis | Posted 04.18.2009 | Politics


Judith Ellis

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...

Restoring Faith in Finance

Ann Pettifor | Posted 04.15.2009 | Business


Ann Pettifor

If we are to restore stability to the financial system and to restore our faith, we will have to first revive the ancient truths and regulations, including the truth about limits.

If You are a G-20 Finance Minister, it's Crunch Time

Kumi Naidoo | Posted 04.13.2009 | World


Kumi Naidoo

Times of global financial downturn are often marked by cuts to aid, but these are the times when aid is most necessary and this is time to honor our aid commitments.

Bernie and Ruth Are a Fun Couple

Michael Wolff | Posted 04.13.2009 | Business


Michael Wolff

Could it be that Madoff's willing to go to jail for the rest of his life because... he's hidden the dough? How much would you need to be paid to spend your old age in a cell?

How I Lost My Job and Why I don't want it back

Jon Santiago | Posted 04.11.2009 | Business


Jon Santiago

I now think the "Main Street" perception of recklessness in the ivory towers of Wall Street, which initially struck me as too emotional and unfounded, is partially accurate.

Economic Meltdown or Back to Normal?

Hugh McGuire | Posted 04.02.2009 | Business


Hugh McGuire

The wealth of the past 10-15 years was illusory. The markets have in fact dropped back to where they "should" be.

Finally, a Bridge to Somewhere

Lawrence Baxter, Bill Brown and James Cox | Posted 03.30.2009 | Business


Lawrence Baxter, Bill Brown and James Cox

Behind Obama's declaration that the federal government will carefully monitor lending and bank management is the notion of conservatorship, not nationalization.

Humpty Dumpty Finance

David K. Richards | Posted 03.30.2009 | Business


David K. Richards

In order to gather political support for the right fix it is important to understand, and explain to the public, why the fixes applied since Lehman went bankrupt in September have not worked.

Is There a Fundamental Shift Occurring in the Economy?

Hale "Bonddad" Stewart | Posted 03.29.2009 | Business


Hale

Over the last few quarters we have seen a big drop in personal consumption expenditures and an increase in personal savings. Is this the start of a new trend or a temporary situation?

The Billions of Our Economy Versus the Trillions of High-finance: The New Asymmetry

Saskia Sassen | Posted 03.28.2009 | Business


Saskia Sassen

The real challenge we face is how to switch out of the hyper-financial mode of the last two decades. It is not to rescue zombie banks.