. Debt didn't get dangerously out of scale because the system was broken. It got out of scale, in part, because the system worked. The government d...

The best that can be said for 2009 is that it could have been worse, that we pulled back from the precipice on which we seemed to be perched in late 2...

Amidst calls to bring greater transparency to the Federal Reserve, the central bank's leaders are torn over one key issue: can the Fed pop financial b...

The economy did not just have a heart attack; we are suffering from financial appendicitis. Instead of doing the necessary surgery, Congress is prescribing potent addictive painkillers.

The Treasury has announced new "capital cushion" requirements for financial institutions to reduce excessive risk and prevent taxpayer bailouts. Seems...

Aug. 28 (Bloomberg) -- Banks are increasing lending to buyers of high-yield company loans and mortgage bonds at what may be the fastest pace since the...

Leveraging was increased to insane levels irrespective of whether it made economic sense. In other words, continued progress and prosperity was dependent on "ever increasing deficits."

There's no question that Wall Street is going to mobilize -- is already mobilized -- to defeat the administration's positive proposals.

This plan is more of the same: highly leveraged risk-taking shenanigans facilitated by a naive government and tax dollars.

The harsh reality that is being repressed is this: the Western world is suffering a crisis of excessive indebtedness.

Bear markets are difficult experiences, but they provide unique prospects. I believe we will look at the present U.S. stock market valuations as perhaps the best investment opportunity of a generation.

More importantly, the WSJ gets at the real problem here. In addition to running on fumes and fearing for their own futures, the banks aren't lending b...

NEW YORK (Fortune) -- Leverage, the menace that helped bring down some of the biggest names on Wall Street, is now threatening the health of big banks...