Paulson Policy Failures
The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.
The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.
New York Times | Posted 11.21.2008 | Business
On Thursday, Treasury Secretary Henry Paulson said he wants to see more hedge fund regulation as part of his proposal for creation of a new systemic r...
Michael Pento | Posted 11.17.2008 | Business
In today's artificial and perverse global economy the best short term medicine for the ailing markets would be a weakening U.S. currency
Vivian Norris de Montaigu | Posted 11.17.2008 | Business
This lack of balance is why we need more women involved in leading the world's economy. There is simply too much of a male-focused approach and it is not working!
AP | MARTIN CRUTSINGER | Posted 11.13.2008 | Business
WASHINGTON — The nation's financial picture grew darker Thursday, a day marked by breathtaking numbers: a quarter-trillion-dollar budget deficit...
Robert Reed | Posted 11.12.2008 | Chicago
Ken Griffin, Chicago hedge fund magnate and one of the country's wealthiest men, is the anti-Trump. Unlike The Donald, Griffin hates being noticed. All that is about to change Thursday.
Alan Schram | Posted 11.11.2008 | Business
Barack Obama is faced with very high expectations. There is only a small likelihood that any human being could actually deliver a performance commensurate with those expectations.
Alan Schram | Posted 11.10.2008 | Business
Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.
Henry Blodget | Posted 11.06.2008 | Business
Over the six years Capital Compensation Partners was in business, the firm made $261 million, and the firm's clients lost $203 million. All the risk was borne by the clients, who got obliterated in the end.
Diane Francis | Posted 10.27.2008 | Business
Far be it from me to contradict one of the world's greatest stock sages and business analysts. But I will.
Danny Schechter | Posted 10.25.2008 | Business
In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.
Mort Zuckerman | Posted 10.22.2008 | Business
The danger is that politicians, who have little understanding of the financial world, may draw the wrong conclusions from Wall Street follies and make the wrong decisions as they try to revive our financial system.
Larry Gellman | Posted 10.07.2008 | Business
The gut-wrenching drops in stock prices are not related any more to economic prospects or the decisions of Congress. Stocks are in a foreclosure mode and values have been destroyed by forced selling -- major repentance for past sins.
The New York Times | Louise Story | Posted 10.07.2008 | Chicago
Kenneth C. Griffin was one of those Wall Street whiz kids. As a teenager, he traded out of his dorm room at Harvard. In his 20s, he opened his own hed...
Diane Francis | Posted 10.01.2008 | Business
Here's my latest warning: Do not be lulled into buying equities because there was a bounce in markets, where some losses were recouped. Or buying bec...
New York Times | Louise Story | Posted 09.29.2008 | Business
First, the money rushed into hedge funds. Now, some fear, it could rush out. Even as Washington reached a tentative agreement on Sunday over what may...
Tom D'Antoni | Posted 09.27.2008 | Home
Last night's debates have been judged a tie by some analysts, but given the economic free-fall due to Republican greed and deregulation favored...
Wall Street Journal | Robert Frank | Posted 09.25.2008 | Business
"It's the human toll that is frightening," said State Rep. Livvy Floren, a friend of Mr. Fuld. "Dick Fuld has spent 39 years of his life doing this. I...
CNBC | Posted 09.23.2008 | Business
CNBC's Vicky Ward talks about leaked hedge fund performances, year-to-date. A lot funds have had a pretty rough year of it so far. Follow the link to ...
Financial Times | James Mackintosh | Posted 09.22.2008 | Business
The best-performing hedge fund manager of the past two years has closed down his funds and is returning money to investors after concluding that the d...
Howard Gewirtz | Posted 09.19.2008 | Business
If you've paid your taxes, you are now the proud owner of unregulated hedge funds, mortgaged-backed junk bonds, etc. In other words, crap.
Telegraph | Helen Power | Posted 09.03.2008 | Business
They are the masters of the universe in training. Hedge fund bible Trader Monthly will today publish its list of 30 of the world's top traders under ...
DealBook | Andrew Ross Sorkin | Posted 09.03.2008 | Business
Running a hedge fund has long been considered one of the top jobs in finance, but this summer a growing number of managers have called it quits, unabl...
DealBook | Andrew Ross Sorkin | Posted 08.19.2008 | Business
Do you remember a time, only a short while ago, when virtually anybody could start a hedge fund? It seemed so easy: billions of dollars were being thr...
Dealbreaker | John Carney | Posted 08.04.2008 | Business
Is it just noblesse oblige? Have the masters of the universe simply decided to start sacrificing for the good of the country? Perhaps but Gasparino t...
Tina Fey graces the cover of the January issue of Vanity Fair, and in an...
Via ThinkProgress, in an interview with NewsMax, President Bush's brother Jeb...
President Bush let it all out today during an interview with ABC News' Charlie...
The following is Part I of Sean Penn's piece, Mountain of Snakes (Read Part II here) The
Governor Palin Neglects Alaska Duties for Partisan Stumping on Campaign Trail...
The Campaign Finance Institute (CFI)...
Reuters has a Q&A with John Travolta to promote his animated film "Bolt." At the end, they ask him...
President-elect Barack Obama announced Monday that Robert Gates would remain as...
NEW YORK — Rush Limbaugh has seldom been a fan of...
After a 12-day hiatus, Sarah Palin stepped back into the spotlight on Monday to...
WASHINGTON — The Bush administration backed off proposed crackdowns...
It started with the fist bump seen 'round the world. Soon...
A revolutionary device that can harness...
Alan Schram | Posted 11.24.2008 | Business