Jeff Madrick

Pop Goes The Compensation Bubble

Harry Moroz | Posted 09.12.2009 | Politics


Harry Moroz

Doubts about the federal government's ability -- and willingness -- to reign in excessive executive compensation have persisted since October of last year. Now, the tables have turned.

Krugman, Roubini, Soros: How To Solve The Financial Crisis

The New York Review of Books | Posted 06.25.2009 | Business


Following are excerpts from a symposium on the economic crisis presented by The New York Review of Books and PEN World Voices at the Metropolitan Muse...

Obama and Volcker: Economic Solutions, Good; Summers and Geithner: Financial Solutions, Not Good.

Saskia Sassen | Posted 02.27.2009 | Business


Saskia Sassen

The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.