Sustainability| More...
 

Financial Markets

My Testimony Before the U.S. Senate on Reforming Financial Market Regulation

Rob Johnson | Posted 11.18.2009 | Business

Read More: Senate Hearing, Wall Street, Financial Regulation, FInancial Markets, Too Big to Fail, Business News
Rob Johnson

Losses of wealth, lost employment and economic activity and bailouts totaling trillions of dollars around the world are strong evidence of the failed structures of financial markets in their current form.

Read Post

Eliot Spitzer's Harvard Speech Calls On Wall Street To 'Tell The Truth' (VIDEO)

AP | BOB SALSBERG | Posted 11.13.2009 | New York

Read More: Former New York Governor Eliot Spitzer, Eliot Spitzer Ethics, Eliot Spitzer Harvard, Eliot Spitzer, FInancial Markets, New York News

CAMBRIDGE, Mass. — The head of an ethics program at Harvard University strongly defended the choice of former New York Gov. Eliot Spitzer to del...

Read Whole Story

World Renowned Investor Jim Rogers: Gold Will Go to $2,000 an Ounce

Damien Hoffman | Posted 11.10.2009 | Business

Read More: Oil, Gold, Economics, Jim Rogers, FInancial Markets, Economy, Business News
Damien Hoffman

Jim Rogers is one of the most respected investors in the world. Here's my recent interview with him about the economy and some of his recent comments in the media.

Read Post

Wall Street Treasury Complex is the Problem

Diane Francis | Posted 10.15.2009 | Business

Read More: U.S. Economy, FInancial Markets, Trade, Economy, Stock Market, Banking Crisis, Banks, Free Trade, Protectionism, Capitalism, Barack Obama, Business News
Diane Francis

An examination of the causes of the financial meltdown and proposals for reform to prevent new catastrophic bubbles from forming and bursting.

Read Post

G-20 Pittsburgh Summit: Reasons to Celebrate?

Luiz Inácio Lula da Silva | Posted 09.23.2009 | World

Read More: G20 Summit, FInancial Markets, g20 London Protest, Brazil, Economic Crisis, g20 Pittsburgh, Global Trade, Luiz Inacio Lula Da Silva, g20, Pittsburgh, Global Economic Crisis, g20 Pittsburgh Last Results, G-20 Pittsburgh, Lula Speech Pittsburgh, G 20 Pittsburgh, World News
Luiz Inácio Lula da Silva

The poorest countries, hardest hit by the economic crisis, are in a hurry to see their economies rebound and thus renew their peoples' hopes for prosperity.

Read Post

The Great Disconnect

Jonathan Weiler | Posted 11.16.2009 | Media

Read More: Class Conflict, Winner-Take-All Society, Revolt of the Elites, FInancial Markets, Economic Crisis, Economists, Paul Krugman, Bubble, Capitalism: A Love Story, Media News
Jonathan Weiler

The elite professional strata most responsible for shaping our political and economic discourse have grown richer and are increasingly articulating a worldview justifying their privileged position.

Read Post

Will Sarah Palin Quit on Asia Too?

Julie Farby | Posted 10.16.2009 | Politics

Read More: Meg Stapleton, Twitter, Alaska, Asia, FInancial Markets, Sarah Palin, Clsa, Politics News
Julie Farby

Guess who's going to Asia? That's right! America's cuddly ice bunny from the Snowy North is heading to the Far East to serve the people!

Read Post

Are Our Financial Markets Being Manipulated?

Danny Schechter | Posted 08.08.2009 | Business

Read More: Stock Rigging, Goldman Sachs, Credit Default Swaps, FInancial Markets, Manipuation, Business News
Danny Schechter

Market manipulation are actions by rogue and not so rogue players who, working alone or together, unduly influence the way our supposed "free" markets function.

Read Post

Is the Financial and Mortgage Industry Smart Enough to Recognize the Lifeline Obama Has Thrown It?

Howard Glaser | Posted 07.18.2009 | Business

Read More: Larry Kudlow, Community Reinvestment Act, Treasury Department, Alan Greenspan, Subprime Mortgages, Home Ownership, FInancial Markets, Foreclosure News, Business News
Howard Glaser

A closer look at the Obama plan reveals that the proposed overhaul is, by and large, in the best interests not only of consumers of financial products, but the financial companies themselves.

Read Post

White House Paring Back Finance Reforms

Wall Street Journal | Posted 07.09.2009 | Business

Read More: Financial Regulators, White House, Finance Regulators, Finance Reforms, FInancial Markets, Financial Crisis, Business News

WASHINGTON -- The Obama administration is backing away from seeking a major reduction in the number of agencies overseeing financial markets, people f...

Read Whole Story

Junk-Bond Rally Premature as Record Defaults Loom, Analysts Say

bloomberg.com | Shannon D. Harrington | Posted 06.07.2009 | Business

Read More: Junk Bonds, Bond Markets, Markets, Credit Markets, FInancial Markets, Bonds, Junk Bond Rally, Wall Street, Business News

May 7 (Bloomberg) -- Junk-bond investors who have spurred the biggest rally on record are getting ahead of the recovery as the rate of company failure...

Read Whole Story

Derivatives: The Crystal Meth of Finance

Thomas A. Bass | Posted 06.05.2009 | Business

Read More: Berkshire Hathaway, Journalists, Warren Buffett, Finance, FInancial Markets, Derivatives, Business News
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.

Read Post

Frank Slowing On Financial Receivership Bill

Wall Street Journal | Posted 05.24.2009 | Politics

Read More: Barney Frank Bailout, FInancial Markets, Barney Frank, Receivership Bill, Financial Crisis, Financial Regulation Plan, Financial Regulation, Obama Barney Frank, Politics News

Slowing a rapid-fire attempt to revamp regulation of financial markets, House Financial Services Committee Chairman Barney Frank (D., Mass.) said he n...

Read Whole Story

If a Financial Institution is Too Big to Fail, It's Just Too Big

Robert Creamer | Posted 04.27.2009 | Business

Read More: Politics, Economic Crisis, FInancial Markets, Breaking News, Obama, Business, Geithner, Wall Street, Financial Regulation, Bank Bail Out, Business News
Robert Creamer

Those who advocate allowing unlimited corporate growth argue for the advantages of economies of scale. But once you look at the actual functions of financial institutions, these arguments fall flat.

Read Post

Dear Mr President: Please Read Your Blogs -- (It's Not Like Eating Your Spinach)

Miles Mogulescu | Posted 04.08.2009 | Politics

Read More: Stiglitz Slams Bad Bank Idea, Nouriel Roubini, Financial Bailout, Geithner Plan, Obama Blackberry, Obama Blogs, Larry Summers, Paul Krugman Barack Obama, Barack Obama, Lawrence Summers, Financial Advice, Blogs, Roubini Nationalization, Barack Obama Blackberry, Financial Meltdown, Joseph Stiglitz, FInancial Markets, Tim Geithner, Geithner Bailout, Paul Krugman on Barack Obama, Financial Crisis, Paul Krugman, Global Financial Crisis, Timothy Geithner, Political Blogs, Politics News
Miles Mogulescu

It would be a bit disturbing if a president who has said he wants to hear the widest range of opinions on important issues would want to dismiss those who write blog posts.

Read Post

Comparing Costs Today, 1950

mjperry.blogspot.com | Mark J. Perry | Posted 04.04.2009 | Business

Read More: Jobs, 2009 Cost of Living, FInancial Markets, Cost of Living, Economy, Change in Cost of Living, Employment, Business News

With some help from the Student Entrepreneur Society at the University of Michigan-Flint (especially Jennifer Moore), and an old 1950 Sears catalog pu...

Read Whole Story

Help Wanted: Swedish Model to Kill Off Zombie Banks

Miles Mogulescu | Posted 03.25.2009 | Business

Read More: Roubini Nationalization, Sweden Bailout, Larry Summers and Barack Obama, Nationalizing Banks, Lindsey Graham Nationalization, Financial Bailout, Stiglitz Economic Crisis, FInancial Markets, Bank Nationalization, Geithner Bailout, Banking Crisis, Obama Nationalization, Financial Crisis, Paul Krugman Barack Obama, Tarp, Economy, Economic Crisis, Wall Street Crisis, Nationalization, Banks, Henry Paulson, Ben Bernanke, Banks Bailout, Business News
Miles Mogulescu

In order not to spook markets, Obama and a small team of financial commandos needs to orchestrate a sneak attack on the Zombie Banks.

Read Post

Where Do We Set the "Restore" System Date?

Tom Tresser | Posted 03.13.2009 | Business

Read More: Fraud, Global Financial Crisis, Madoff Scandal, Financial Meltdown, FInancial Markets, Public Financing, Business News
Tom Tresser

At what point did our financial system stop producing real value and started selling soap bubbles? Can you quote any far-sighted individuals who saw all this coming?

Read Post

Transform Banks into Credit Unions

Mike Garibaldi-Frick | Posted 02.27.2009 | Business

Read More: Wall Street, FInancial Markets, Bank of America, Bailouts, Banking, Banks, Financial Crisis, Ponzi Scheme, Credit Unions, Economy, Business News
Mike Garibaldi-Frick

Banks have been ripping-off the middle class for years. In addition to user fees, the middle class pays banks large spreads on mortgages, credit cards and other types of debt.

Read Post

2009: A Time for Real Economic Change

Mike Garibaldi-Frick | Posted 01.28.2009 | Business

Read More: Taxes, Small Business, Wall Street Bailout, Economy, Economic Crisis, Middle Class, George W. Bush, Ponzi Scheme, Obama, Corporate Power, Capitalism, Tax Reform, Recession, Economic Policy, FInancial Markets, Corporations, United States, Tax Cuts, Mortgage Rates, Interest Rates, Wall Street, Great Depression, Financial Crisis, Business News
Mike Garibaldi-Frick

America's anger and ingenious will is stoked and a new, more open administration is coming to power looking for innovative, far-reaching ideas.

Read Post

Getting Grounded: An Agenda for the Near Future

Bob Jeffrey | Posted 01.15.2009 | Politics

Read More: Subprime Mortgages, FInancial Markets, Subprime Mortgage Crisis, Financial Crisis, Obama Administration, Obama, Credit Crunch, Recession, Politics News
Bob Jeffrey

Discussing good works is fine, but what counts will be values-driven decision-making that puts the communal good, good works and good results at the top of the agenda.

Read Post

Markets for Financial Crime

James Love | Posted 01.13.2009 | Business

Read More: Bankruptcy, Crime, Investing, FInancial Markets, Pension Fund, 401k, Retirement, Pensions, Bernard Madoff, Business News
James Love

The lawyers and consultants that enable the fleecing of the public have vast incentives. We need to think more about the reasons why markets for honesty and consumer protection work so poorly.

Read Post

Obama Right to Reassure Wall Street Markets With Rubinauts But Also Needs Econ Advisors Who Stand for Main Street

Miles Mogulescu | Posted 12.29.2008 | Politics

Read More: Timothy Geithner Treasury Secretary, Jared Bernstein, Financial Bailout, George Soros, Economic Crisis, Robert Rubin Citibank, Paul Krugman Barack Obama, Obama's Economic Team, Jame Galbraith, Kuttner Obama, Krugman Obama, Financial Advice, u.s. Economy Problems, Larry Summers and Barack Obama, Economic Stimulus Package, Joseph Stiglitz, Financial Meltdown, John Kenneth Galbraith, Kuttner Obama's Challenge, Paul Krugman on Barack Obama, Financial Crisis, Global Financial Crisis, Obama Cabinet Picks, Sheila Bair, Cabinet Appointments, Soros on Crisis, FInancial Markets, Economy, Socialists, Politics News
Miles Mogulescu

We can only hope that Obama balances the smart Rubinauts whom he has picked to lead his economic team with some equally smart pro-Main Street economic minds.

Read Post

Avoiding Financial Trauma Stress Disorder

Mark Silver | Posted 12.07.2008 | Business

Read More: Marketing, Pagers, Small Business, Obama, Trauma, Economy, FInancial Markets, Business News
Mark Silver

It was a fantasy-land wish to see the election victory Obama and a more progressive agenda fill the global economy with enough confidence to stop the ...

Read Post

"Mind-Boggling" is Not Descriptive Enough

Neil Grossman | Posted 12.01.2008 | Business

Read More: Treasury Department, Federal Reserve, FInancial Markets, Financial Crisis, Economy, AIG Bailout, Bailout, Business News
Neil Grossman

With respect to AIG itself, as of the end of last year, the company had 116,000 employees... the cost of keeping just these employees in their jobs now amounts to over $1 million per employee.

Read Post