Obama Was Nice To Bankers Despite 'Fat Cat' Remark, Says NY Post
In public, President Obama is on a tear against Wall Street. In private, not so much Over the weekend, Obama attacked fat-cat investment bankers, te...
In public, President Obama is on a tear against Wall Street. In private, not so much Over the weekend, Obama attacked fat-cat investment bankers, te...
Catie Lazarus | Posted 12.16.2009 | Comedy
What Did You Learn in 2009? Test your knowledge by answering these objectively scientific questions about the celebrities, politicians and fifteen minute famers who made headlines.
Washington Post | Renae Merle | Posted 12.05.2009 | Business
So far, more than 650,000 borrowers have been enrolled into the initial, or "trial," phase of the program and have seen their payments lowered by an a...
Les Leopold | Posted 11.25.2009 | Business
We should give strong consideration to nationalizing the largest banks in order to run them like public utilities. We also should consider placing banking employees into the civil service system to end the ridiculous wage distortions.
Posted 11.17.2009 | Impact
Facebook's user base now totals over 300 million people. The social media network thus has the potential to reach more people in a single month than l...
Les Leopold | Posted 11.18.2009 | Business
The Department of Agriculture reports that 49 million Americans don't have enough food. That's up 13 million over the last year and is highest number ever recorded since the survey began 14 years ago.
Les Leopold | Posted 11.11.2009 | Business
Let's weigh the pros and cons of the record bonuses going to Goldman Sachs, JP Morgan Chase and Morgan Stanley (and many others) during the worst economic crash since 1929.
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...
Michael Gould-Wartofsky | Posted 11.09.2009 | Green
Theirs is a coast-to-coast campaign to save Appalachia's mountains and streams -- and Appalachians' homes, jobs, and culture -- from the devastating coal mining practice known as mountaintop removal.
Les Leopold | Posted 11.07.2009 | Business
The Billionaire Bailout Society is not a shared society. We're not in it together. What's good for Wall Street is not good for the rest of us...they even get their swine flu shots before we do.
bloomberg.com | Alison Vekshin | Posted 11.02.2009 | Politics
Oct. 31 (Bloomberg) -- Barney Frank, chairman of the U.S. House Financial Services Committee, reversed course on paying to unwind failed financial fi...
Chicago Sun-Times | KARA SPAK | Posted 10.28.2009 | Chicago
Drew Peterson, accused of killing his third wife, sued JP Morgan Chase in federal court late Monday, accusing the bank of illegally cutting off a siza...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.28.2009 | Business
The head of the country's second-biggest bank, considered by many to be "too big to fail," said Tuesday that no firm should be immune from failure. ...
Robert Creamer | Posted 10.27.2009 | Politics
The CEO of the average company in the S&P Index makes $10.5 million. That means that on the first workday of the year, he (sometimes she) has made more than the minimum wage workers in his company will make all year.
Jonathan Tisch | Posted 10.26.2009 | New York
Where will we end up in a new regulated environment? Jonathan Tisch asks some of those closest to President Obama: Bill Daley, lawyer Marty Lipton and Penny Pritzker.
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...
Les Leopold | Posted 10.25.2009 | Business
For the past 30 years we have minted billionaires, and we have created the most unequal distribution of wealth since 1928-29. This didn't happen by accident.
Rep. John Conyers | Posted 10.23.2009 | Politics
It is mind-boggling to believe that with such a vast operation, banking giants like JP Morgan Chase were not the least bit aware of the wrongful subprime lending practices being undertaken.
George Goehl | Posted 10.22.2009 | Business
Until our elected officials know there is a price to pay for siding with big money over everyday people, the average American will continue be on the losing end.
Les Leopold | Posted 10.22.2009 | Business
Unfortunately, the administration doesn't have the moxie to go after the most outrageous salaries and bonuses that are about to flow.
Mary Ann West | Posted 10.22.2009 | Business
Ninety percent of bank overdraft fees happen to only ten percent of checking account holders, comprising those people who are also the most vulnerable.
New York Times | GRAHAM BOWLEY | Posted 10.16.2009 | Business
It may come as a surprise that one of the most powerful forces driving the resurgence on Wall Street is not the banks but Washington. Many of the step...
Les Leopold | Posted 10.19.2009 | Business
For Alan Greenspan, the apostle of free markets, to admit that financial free markets are not self-correcting is an enormous concession.
Jon Younger | Posted 10.20.2009 | Business
How do you make the most of the opportunity to bind new employees to the organization through the ways you induct, orient and initially support an employee's cultural integration?
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.
New York Post | Charles Gasparino | Posted 12.15.2009 | Business