Government Bailouts: What's it All About?
In crisis mode, government simply reacts, and there is no sign just now of a systemic consideration of the balance between government as a backstop or watchdog and the unfettered free market.
In crisis mode, government simply reacts, and there is no sign just now of a systemic consideration of the balance between government as a backstop or watchdog and the unfettered free market.
Rep. Barney Frank | Posted 06.27.2008 | Politics
Leading economically conservative organizations who argued the proposed gambling regulations would interfere with the functioning of our financial system had the support of less than 10% of Republican congressmen.
CNN | Terry Frieden | Posted 04.24.2008 | Business
Attorney General Michael Mukasey warned Wednesday that organized criminal networks have penetrated portions of the international energy market and tri...
AP | RANDOLPH E. SCHMID | Posted 04.14.2008 | Business
WASHINGTON — The hormone that drives male aggression and sexual interest also seems able to boost short term success at finance. But what seems ...
Wall Street Journal | James Hookway | Posted 04.07.2008 | Business
To the list of speculative market bubbles popping around the world, add this: Thai religious talismans. Last year, prices for the small discs inscrib...
Los Angeles Times | Alana Semuels and Michelle Quinn | Posted 04.07.2008 | Business
In recent months, some start-up technology companies have died or gone into comas after running out of money, a possible early sign that the resurgenc...
USA Today Via ABC News | Brad Heath and Charisse Jones | Posted 04.03.2008 | Business
Foreclosures are ripping through the rows of new homes in the flatlands where Denver turns to prairie. Every week, 10 more families here need to find ...
Kerry Trueman | Posted 04.02.2008 | Business
Treasury Secretary Henry Paulsen's proposed overhaul of our financial markets was unveiled on Monday, a day too early to qualify as an April Fool's Day prank, but it was a joke, nonetheless.
Rev. Peter Laarman | Posted 03.31.2008 | Politics
My skin started to quiver when our Treasury secretary, Mr. Henry "Hank" Paulson, late of Goldman Sachs, rolled out his financial markets reform package over this past weekend.
New York Times | Julie Cresswell | Posted 03.30.2008 | Business
Most everyone on Wall Street, and on Main Street, wants to know when will the financial crisis end. So far, despite the government's efforts, the mark...
AP | TOM RAUM | Posted 03.30.2008 | Business
WASHINGTON — Hillary Rodham Clinton, Barack Obama and John McCain have diagnosed the swooning U.S. economy and have come up with rival plans to ...
New York Times | Paul Krugman | Posted 03.21.2008 | Business
If Ben Bernanke manages to save the financial system from collapse, he will -- rightly -- be praised for his heroic efforts. But what we should be as...
New York Times | Peter S. Goodman | Posted 03.21.2008 | Business
In Seattle, sales at a long-established hardware store, Pacific Supply, are suddenly dipping. In Oklahoma City, couples planning their weddings are de...
AP | BEN FELLER | Posted 03.17.2008 | Business
WASHINGTON — President Bush, trying to calm turmoil in financial markets, said Monday that his administration is "on top of the situation" in de...
AP | VINNEE TONG | Posted 03.13.2008 | Business
NEW YORK — A mortgage-backed investment fund created by the Carlyle Group faltered near collapse Thursday, in what analysts saw as a sign that m...
AP | MATT MOORE and YURI KAGEYAMA | Posted 03.13.2008 | Business
FRANKFURT, Germany — Widespread concern about the outlook for the U.S. economy pushed the euro to a new record and the yen to 12-year highs agai...
Business Week | Lewis Braham | Posted 02.24.2008 | Business
Complex financial instruments called credit default swaps have roiled the financial markets for months. They're at the heart of the bond insurers' woe...
Huffington Post | Jonathan Peterson and Walter Hamilton | Posted 01.30.2008 | Business
As Americans increasingly link their well-being to financial markets, the possibility of recession and a slump on Wall Street has taken on new meaning...
Max Fraad Wolff | Posted 10.24.2007 | Business
The reality is that the Fed is scared about further turmoil in credit markets. They should be. Financial market professionals are increasingly scared and pessimistic.
An ABC-TV outlet in Houston, and now the Houston Chronicle,...
The McCain campaign implied on Wednesday that Barack Obama's commitment...
***UPDATED BELOW*** During a CBS interview on Tuesday, John McCain made...
John McCain made a mistake this evening, which as far as...
There is one more John McCain gaffe that...
BERLIN -- On what used to be the East German side of the Brandenburg Gate, Linnea and...
Before the largest crowd of his campaign, Democratic presidential contender Barack...
When Katie Couric told Haaretz that "The glory days of TV news...
BARCELONA, Spain — Christian Bale swept into Barcelona on Wednesday night to attend a...
If you're wondering about the recent articles claiming that a study found...
HOUSTON — A "dead zone" in the Gulf of Mexico off...
WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at...
Zachary Karabell | Posted 07.15.2008 | Business