Many features in our current financial system were also present in the financial system at the outbreak of the Civil War. The lesson we can learn is that reform will take radical steps over a long time.
Alan Miller | Posted 11.13.2009 | Politics
Recently, the Mayor of London, Boris Johnson, penned an article bemoaning the greed of bankers and hatred of politicians. Indeed, it has been a wid...
The Huffington Post | Jenna Staul | Posted 11.06.2009 | Business
Several major banks are fending off legislation meant to regulate the lucrative derivatives market by hiring a high-powered financial lobbyist. The H...
Diane Francis | Posted 11.03.2009 | Business
CEO Prem Watsa discusess how Fairfax Financial Holdings Ltd. of Toronto has not only weathered the greatest financial storm since the Depression, but has profited mightily.
Bruce Judson | Posted 10.30.2009 | Business
With each job loss or foreclosure, another family -- now on a downward spiral -- potentially loses its faith in our basic economic system and our basic system of governance.
Marilyn Barrett | Posted 10.20.2009 | Politics
While stories of tragedy and hardship on Main Street continue to multiply, Wall Street is once again persuading Congress to dilute financial regulations proposed by the Obama administration.
Marshall Auerback | Posted 10.17.2009 | Business
Obama clearly seems to have imbibed some of the Chicago School's free market ideology, and the unspoken assumption that free, unfettered markets are the optimal state.
Robert Creamer | Posted 10.16.2009 | Politics
If world-class, reckless risk-taking continues to receive massive economic rewards, then we are headed to another financial collapse in two years -- or five years; or fifteen years.
Don McNay | Posted 10.12.2009 | Business
I'm convinced that most of the mistakes made handling money result from lack of information and bad habits formed in childhood.
Bob Cesca | Posted 10.07.2009 | Politics
The president likes to say, "If you like the health insurance you have now..." The problem is that much like your utter lack of financial security, the health insurance you have now... sucks.
Diane Francis | Posted 10.06.2009 | Business
Dr. Bhagwati fleshes out his prescriptions for the world economy and also provides his take on what he calls the "Wall Street Treasury Complex," the cause of the latest economic catastrophe.
Lesley Stern | Posted 12.01.2009 | Comedy
Dear Dinner Companion, Your friend is right. Never cheapen yourself by sleeping with a guy for a hamburger.
HuffingtonPost.com | Matthew Palevsky | Posted 12.01.2009 | Politics
This story is part of the Huffington Post's effort to bear witness to the effects of the current economic environment on ordinary Americans. When F...
Washington Post | Simon Johnson and James Kwak | Posted 11.29.2009 | Politics
The next couple of months will be crucial in determining the shape of the financial system for decades to come. And so far, the signs are not encourag...
Lesley Stern | Posted 11.24.2009 | Comedy
Sex is also a good, inexpensive form of exercise that doesn't require getting out of bed (although it may compel you to leave the fetal position). This will require a partner since batteries are costly.
Diane Francis | Posted 11.24.2009 | Business
A world expert on economics delivered a cogent and optimistic analysis of the meltdown, its causes, its cure and its effect on the future at the recent Global Business Forum in Banff, Alberta.
Jonathan Richards | Posted 11.22.2009 | Politics
When you let the drunk back behind the wheel, you're just asking for trouble.
Stephen Gyllenhaal | Posted 11.22.2009 | Business
I have this nasty feeling that on the right, the big boys are happier than ever -- no reforms, no meddling in the existing structure and the memory fast fading of who actually caused that last meltdown.
Lesley Stern | Posted 11.17.2009 | Comedy
Costco shopping carts Costco carts are humongous and totally lacking in style. But that's part of their charm. In fact, it's the only part of their charm.
Fortune's Stanley Bing | Posted 11.17.2009 | Business
Wall Street has all the sentience, maturity and emotional self-control of a teenager...or maybe of a 50-year-old guy with a tiny ponytail and a red BMW Z4.
Roberto G. Quercia | Posted 11.08.2009 | Business
Irrational exuberance? We think not. Market participants responding rationally to a range of short term economic incentives are the root causes of the crisis.
Lesley Stern | Posted 10.19.2009 | Comedy
It's time to get over the stigma. Bankruptcy is awesome. Once you know the specifics, you'll wish you did it sooner. I know I do.
Mark Klempner | Posted 09.25.2009 | Politics
It's not that I object to critical thinking. We need it. Yet, while we're reminding Obama of his promises and scrutinizing him on his decisions, we need to stand with him.
Lesley Stern | Posted 09.20.2009 | Comedy
A psychological lifesaver for fashion victims victimized by the economy, buying and returning allows you to binge on high end designer clothes and purge them once they're out of style (usually in a day or two).
Therese Borchard | Posted 09.16.2009 | Living
One of my depression busters is to "become the expert." This means, as I'm peeing my pants about where Eric and I are going to get our next paych...
Ray Brescia | Posted 11.19.2009 | Business