Breaking Up the Big Banks, and Why Congress Won't Do It
Two ideas are floating around Washington regarding how to handle 'too big to fail' banks, but only one is supported by the Treasury and the White House. Unfortunately, it's the wrong one.
Two ideas are floating around Washington regarding how to handle 'too big to fail' banks, but only one is supported by the Treasury and the White House. Unfortunately, it's the wrong one.
Huff TV | Posted 10.25.2009 | Home
Arianna recently appeared on BBC's Newsnight to discuss the economic crisis, the lack of reform, and the effects of the bailout on American society an...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.23.2009 | Business
A former CEO of Citigroup says there should be "some kind of separation" between commercial banking and investment activities, joining a growing list ...
Anis Shivani | Posted 10.05.2009 | Business
Moore explicitly states that we ought to turn to democracy as the alternative to capitalism. But the opposite of capitalism is not democracy, it is socialism.
Larry Flynt | Posted 09.20.2009 | Politics
The real war is not between the left and the right. It is between the average American and the ruling class. It's time we took back our government from those who would make us their slaves.
Mitchell Bard | Posted 07.18.2009 | Politics
Contrary to what John Boehner says, a big foot needs to be placed on the financial industry to make sure that last year's near collapse can never happen again.
Ari Melber | Posted 04.25.2009 | Politics
In a galling demonstration of Washington's tangled priorities, leaders in both parties still refuse to tap Eliot Spitzer's expertise for policymaking and enforcement in the current crisis.
Earl Ofari Hutchinson | Posted 12.25.2008 | Politics
Lawrence Summers should be hailed as the go-to guy for Obama to turn to for help in sorting out some of the economic mess. But his role in helping create some of that economic mess raises a red flag.
Leo W. Gerard | Posted 11.17.2008 | Politics
The "small government" Bush and Republican Congress increased spending, thus replacing the budget surplus bequeathed them with deficits.
Robert Reich | Posted 10.27.2009 | Business