Financial Markets

Credit Suisse Agrees To $79M Colorado Settlement

AP | Posted 11.25.2009 | Denver


DENVER — Credit Suisse Securities (USA) LLC has agreed to buy back $79 million of auction rate securities from Colorado investors who struggled ...

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

Rob Johnson | Posted 11.18.2009 | Business


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.

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

AP | BOB SALSBERG | Posted 11.13.2009 | New York


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

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

Damien Hoffman | Posted 11.10.2009 | Business


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.

Wall Street Treasury Complex is the Problem

Diane Francis | Posted 10.15.2009 | Business


Diane Francis

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

G-20 Pittsburgh Summit: Reasons to Celebrate?

Luiz Inácio Lula da Silva | Posted 11.23.2009 | World


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.

The Great Disconnect

Jonathan Weiler | Posted 11.16.2009 | Media


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.

Will Sarah Palin Quit on Asia Too?

Julie Farby | Posted 10.16.2009 | Politics


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!

Are Our Financial Markets Being Manipulated?

Danny Schechter | Posted 08.08.2009 | Business


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.

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

Howard Glaser | Posted 07.18.2009 | Business


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.

White House Paring Back Finance Reforms

Wall Street Journal | Posted 07.09.2009 | Business


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

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

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


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...

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.

Frank Slowing On Financial Receivership Bill

Wall Street Journal | Posted 05.24.2009 | Politics


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

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

Robert Creamer | Posted 04.27.2009 | Business


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.

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

Miles Mogulescu | Posted 04.08.2009 | Politics


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.

Comparing Costs Today, 1950

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


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

Help Wanted: Swedish Model to Kill Off Zombie Banks

Miles Mogulescu | Posted 03.25.2009 | Business


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.

Where Do We Set the "Restore" System Date?

Tom Tresser | Posted 03.13.2009 | Business


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?

Transform Banks into Credit Unions

Mike Garibaldi-Frick | Posted 02.27.2009 | Business


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.

2009: A Time for Real Economic Change

Mike Garibaldi-Frick | Posted 01.28.2009 | Business


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.

Getting Grounded: An Agenda for the Near Future

Bob Jeffrey | Posted 01.15.2009 | Politics


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.

Markets for Financial Crime

James Love | Posted 01.13.2009 | Business


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.

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


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.

Avoiding Financial Trauma Stress Disorder

Mark Silver | Posted 12.07.2008 | Business


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 ...