When it comes to President Obama, Americans have only two states of being: on or off. He is either the outsider who can bring about real change or he is a Washington insider just like the rest. The reality is that he is both, and most people find it hard to grapple with that paradox.
Citigroup just sent me its annual statement and ballot to vote on suggestions from its Board of Directors, which, among other things, extends its flirtation with a reverse split that began two years ago.
The experience of running convinced me that women have a tremendous natural ability for politics. We just have to get over our fear of it and go for the brass ring.
"Richard Simpson is a relentless litigator who brought the Antar clan to its knees," Sam E. Antar told me on the phone today. Sam is the cousin of Cr...
The WSJ's editors, hellbent on proving they are visiting from Alpha Centauri, defend the actions of Goldman as "more a case of hindsight bias than financial villainy."
The congressional debate on financial reform turned a corner when Senator Reid (D-NV) filed for cloture Monday night. There are senators, however, working hard to unravel the gains included in the bill.
A news item appeared this week that at least seems to offer reasonable hope that Goldman is beginning to use its good fortune to help remedy the foundering fortunes of Main Street America.
During the Senate hearings many questions were asked, but not the question that would have been most revealing: Did Paulson and Blankfein discuss the viability of AIG?
American capitalism has now become rotten to the core. Gone is the American capitalist impulse's unique sense of fair play and adherence to a level playing field, accessible to all.
Ronald Reagan governed over high unemployment numbers, and he was covered by a hyper-critical media. Yet today, most TV news outlets are giving President Obama a free pass on equally bleak statistics.
As a nation, we have lost our financial way. Founded in the principles of thrift, frugality, and hard work, our beloved country has morphed into a giant financial couch potato.
EVEN among pitchfork-bearing populists, there was scant satisfaction when the White House sent the C.E.O. of General Motors to the guillotine.
Sure, ...