Why Ron Paul is Wrong
At the end of the day, don't succumb to populist panic. Capitalism works and is on its way to a recovery if we just sit back and let it happen.
At the end of the day, don't succumb to populist panic. Capitalism works and is on its way to a recovery if we just sit back and let it happen.
Huffington Post/AP | Posted 11.12.2009 | Business
NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...
Wall Street Journal | DAMIAN PALETTA and MICHAEL R. CRITTENDEN | Posted 11.09.2009 | Politics
Democrats are advancing proposals in Congress designed to limit the size and complexity of financial companies so that any collapse wouldn't damage th...
Art Levine | Posted 11.04.2009 | Business
Is Treasury Secretary Tim Geithner the new champion of real financial reform, fighting to rein in Wall Street and the big banks?
AP / Huffington Post | By STEPHEN MANNING | Posted 11.01.2009 | Business
WASHINGTON -- Lender CIT Group has filed for Chapter 11 bankruptcy protection, in an effort to restructure its debt while trying to keep loans flowing...
New York Times | ANDREW MARTIN and GRETCHEN MORGENSON | Posted 11.01.2009 | Business
OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now know...
Bloomberg | Mark Fisher | Posted 10.26.2009 | Business
When the government was forced to bail out the financial system, our friends in Washington also had the opportunity to make the trade of the century f...
Stephen Gyllenhaal | Posted 10.13.2009 | Business
A Vanity Fair piece chronicles in a very personal way what happened with the key players as the markets were melting last fall.
New York Times | ANDREW ROSS SORKIN | Posted 10.13.2009 | Business
By most analyst estimates, the annual bonus pool will swell to more than $23 billion. In its second quarter, Goldman disclosed it had put aside $11.4 ...
Washington Post | Renae Merle | Posted 10.12.2009 | Business
Bank of America employees are reminded every day of how far they still have to go. Just outside the elevators of their vast third-floor command center...
AP | MATT APUZZO and DANIEL WAGNER | Posted 10.08.2009 | Business
WASHINGTON — As the federal government propped up the housing market and braced for the collapse of General Motors this spring, Treasury Secreta...
Robert Teitelman | Posted 10.05.2009 | Business
New York Times' reporter Andrew Ross Sorkin's excerpt microscopically examines the actions of some key regulatory and Wall Street players, in this case during the period immediately after Lehman failed.
AP | MARTIN CRUTSINGER | Posted 10.05.2009 | Business
WASHINGTON — The credibility of the government's $700 billion financial rescue program was damaged by claims a year ago that all of the initial bank...
Financial Times | By Henny Sender and Saskia Scholtes | Posted 10.04.2009 | Business
Goldman Sachs stands to receive a payment of $1bn -- while US taxpayers would lose $2.3bn -- if embattled commercial lender CIT files for Chapter 11 b...
Washington Post | Renae Merle and David Cho | Posted 09.29.2009 | Business
The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effo...
Fortune's Stanley Bing | Posted 09.24.2009 | Business
Maybe Michael Moore's anti-capitalist screed is actually an interesting nexus where right and left converge in hatred of the system that rewards failure and lets the bad guys run the next iteration of the machine.
Posted 09.23.2009 | Business
Treasury Secretary Tim Geithner is scheduled to appear today before the House Financial Services Committee to address President Obama's proposed consu...
AP | Posted 11.15.2009 | Business
WASHINGTON -- Treasury Secretary Timothy Geithner acknowledged Tuesday the federal government had to take some "deeply offensive" steps to help the co...
Washington Post | Posted 11.10.2009 | Business
Treasury Secretary Tim Geithner, appearing in a town hall program that concluded moments ago on CNBC, said that "absolutely, absolutely," unemployment...
Special to the Huffington Post Investigative Fund | By Philip Shenon | Posted 11.04.2009 | Home
Treasury Secretary Timothy Geithner has finally moved into a permanent home after eight months in Washington, leaving behind some lingering questions ...
Wall Street Journal | By DEBORAH SOLOMON | Posted 09.21.2009 | Business
WASHINGTON -- Treasury Secretary Timothy Geithner said Friday that government officials acted appropriately in their dealings with Goldman Sachs Group...
Posted 09.12.2009 | Business
Elizabeth Warren, the chair of the Congressional Oversight Panel charged with monitoring the bank bailout, appeared on MSNBC this morning to talk toxi...
Robert Scheer | Posted 09.04.2009 | Business
The $33 billion in taxpayer money that executives paid themselves speaks volumes about the inefficiency of a system of rewards that has nothing to do with performance.
Posted 09.03.2009 | Business
Treasury Secretary Tim Geithner unleashed a profanity-laced tirade on bank regulators at a private meeting last Friday, according to a Wall Street Jou...
Terrence McNally | Posted 08.31.2009 | Business
I recently interviewed author Michael Lewis about his new book, Home Game: An Accidental Guide to Fatherhood, and the financial meltdown and the bailout.
James Altucher | Posted 11.18.2009 | Business