It has been four long winters since the federal government, in the hulking, shaven-skulled, Alien Nation-esque form of then-Treasury Secretary Hank Pa...

Since the government took over Fannie Mae and Freddie Mac, taxpayers have spent more than $160 million defending the mortgage finance companies and th...

WASHINGTON — The Treasury Department said Thursday it has raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock...

Paul Krugman and Simon Johnson are two of my favorite economic commentators, but when it comes to the issue of breaking up mega-banks, they take dramatically opposing positions.

WASHINGTON — President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the heig...

Bill Gates said on Wednesday he believes Wall Street pay is "often too high" and that U.S. government ownership of American International Group Inc wo...

The modern history of finance, combined with ever advancing technology, shows that the locus of the next crisis is not predictable. We will always be regulating to prevent the causes of yesterday's failure.

At the beginning of the year GDP was dropping and we were bleeding jobs at 600,000/month. Given that, we're not going to rebound to a 3% growth rate in a few months; it's just not going to happen.

Apparently the only thing Goldman learned from the financial collapse was that the government would bail it out if it kept taking big gambles, which isn't the lesson I was hoping it would learn.

If there's one thing that everyone seems to agree on, it's that the current financial crisis is complicated. There's two problems with this. First, it...

Why does it scare me so much that Goldman Sachs made big money this last quarter? Because of how they made it.

I want Obama to succeed, but it's not going to happen unless he (a) wrenches the control of the economy away from the greedy, and (b) confronts the greedy directly.

Govt. May Spend More than $4 Trillion but Economy Faces 'Prolonged Weakness,' Oversight Panel Reports...