From Wall St. To Washington: Famous Moments In Revolving Door History
Want to get to Washington? Try going through Wall Street. As a look at any recent presidential administration will show, people move between the two w...
Want to get to Washington? Try going through Wall Street. As a look at any recent presidential administration will show, people move between the two w...
Miles Mogulescu | Posted 12.23.2011 | Politics
They're considered the "Smartest Guys in the Room" (yeah, they're mostly guys). They're the financial "wizards" like Robert Rubin, Hank Paulson, Lloy...
Richard (RJ) Eskow | Posted 02.05.2012 | Politics
This morning Barack Obama channeled one of American history's truly transformative figures by visiting the tiny Kansas town where Teddy Roosevelt gave his "New Nationalism" speech over a century ago.
Richard (RJ) Eskow | Posted 01.31.2012 | Business
You can believe in the free market, or you can believe in today's Wall Street. But you can't do both.
Dan Froomkin | Posted 01.31.2012 | Politics
The higher Barack Obama soars with his populist rhetoric, the more he calls attention to the enormous gap between the promise of hope and change that he campaigned on in 2008 and the actions he has taken as president -- especially regarding the economy.
Asher Smith | Posted 01.23.2012 | Politics
Much of the pining for Hillary Clinton seems to be premised on mis-targeted liberal nostalgia for a version of Bill Clinton's presidency that never happened.
Robert Scheer | Posted 01.09.2012 | Politics
Forget relying on the federal government to hold the Wall Street swindlers accountable. Indeed, the Obama administration has been involved in negotiating a deal with state attorneys general to settle their complaints with the banks for a pittance of compensation for the victims.
Robert Scheer | Posted 01.02.2012 | Business
Why has Robert Rubin, the onetime treasury secretary who went on to become Citigroup chairman during the time of the corporation's financial shenanigans, never been held accountable for this and other deep damage done to the U.S. economy on his watch?
The Huffington Post | Gerald Smith | Posted 12.25.2011 | Technology
Hackers have posted what they claim is the personal information of former Goldman Sachs executive Robert Rubin and his family. On the file-sharing ...
The Nation | Ari Berman | Posted 12.20.2011 | Politics
In September the Committee for a Responsible Federal Budget (CRFB), a bipartisan deficit-hawk group based at the New America Foundation, held a high-p...
Jane White | Posted 12.12.2011 | Politics
Rather than requiring employers to make 401(k) plans as generous as pensions, the Obama Administration appears to be duping older workers into thinking they are ready and simply need a product that will stretch their puny nest egg over a lifetime.
Richard (RJ) Eskow | Posted 11.13.2011 | Politics
We're seeing the demonization of the victim everywhere. It's in the public hatred for underwater homeowners and now reaches to the highest halls of power in both parties, where we told that helping struggling homeowners would be "rewarding the undeseverving."
HuffingtonPost.com | Dan Froomkin | Posted 10.03.2011 | Politics
WASHINGTON -- This week's big debt deal has left progressives despairing over a disconnect between Washington and the rest of the country that they sa...
AP | PALLAVI GOGOI | Posted 09.14.2011 | Business
NEW YORK — Citigroup Inc. has long boasted of its international scope. It has a presence in 140 countries, more than any other U.S. bank. Now, ...
Chris Weigant | Posted 09.13.2011 | Politics
Back in 1995 and 1996, a government shutdown actually happened -- twice. The debt ceiling was not raised, but the country did not default. President Clinton actively used his veto pen, as the Republicans sent him bills that they knew he would not sign.
HuffingtonPost.com | Jason Linkins | Posted 09.06.2011 | Media
I'm going to generously assume that the weird, critical, slam-book-style bubbles that dot the cover of the July 11-17 issue of Bloomberg Businessweek,...
Robert Scheer | Posted 08.21.2011 | Politics
Bill Clinton's Newsweek cover story shows that the man has long been convinced that there is no problem or contradiction of his that cannot be simply plastered over with blather. Sadly, he may be right.
Michael Likosky | Posted 05.25.2011 | Politics
When something goes horribly wrong, it's always useful to look to the Classics to understand what's actually happened and how to move forward. Is our ...
Richard (RJ) Eskow | Posted 05.25.2011 | Business
Here's an idea: Let's give hundreds of billions of dollars in government-backed guarantees to private banks so they make a fortune writing mortgages without any risk to themselves. Hey, what could go wrong?
Robert Lenzner | Posted 05.25.2011 | Business
Alan Greenspan, chairman of the Federal Reserve Bank, did not believe in reining in the animal spirits on Wall Street. He chose to ignore pleading from wise titans to turn off the spigot of easy money.
Richard (RJ) Eskow | Posted 05.25.2011 | Business
"I know it's become part of the narrative that people knew what was going to happen at any minute. We never knew what was happening at any minute." That's Goldman CEO Lloyd Blankfein. Now he tells us.
Raymond J. Learsy | Posted 05.25.2011 | Business
The Dodd-Frank Act gave the CFTC until January 2011 to set limits to curb excessive speculation in the energy markets. Lo and behold, Chairman Gensler told lawmakers the CFTC wouldn't meet the deadline "because it doesn't yet have sufficient data."
Linda Keenan | Posted 05.25.2011 | Politics
HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business
Gene Sperling, a leading contender for a top economic post in the White House, made millions on Wall Street even as the economy faltered. The adviser...
Richard (RJ) Eskow | Posted 05.25.2011 | Business
A sleeper cell of four Republicans struck the Financial Crisis Inquiry Commission this week, escalating what had previously been a campaign of covert obstruction into an overt act of sabotage.
Posted 01.11.2012 | Business