As ABC news reported last night, the special inspector of the government's $700 billion TARP program said in prepared testimony that the chances of ta...
David Roberts | Posted 11.21.2009 | Green
Last week, a CBS blogger reported a completely and utterly misleading figure on cap-and-trade that spread like wildfire from right-wing blogs, to Glenn Beck, and even the Washington Post.
Josh Nelson | Posted 11.21.2009 | Green
When your position is based on ignoring science to prop up polluting industries -- as is the case for many Republican politicians -- you have little choice but to cite misleading statistics to make your point.
New York Times | Eric Lipton | Posted 11.16.2009 | Business
Generations ago, industrialists and financiers extracted fortunes from the copper and gold mines dug into the canyons near here. Now, their modern-day...
Eric Schurenberg | Posted 11.14.2009 | Business
Pitting bureaucrats on government salaries against the most highly compensated people in the U.S. is a bit like sending cops with .38s onto the street against gangs armed with automatic weapons.
Raymond J. Learsy | Posted 11.14.2009 | Business
"Manipulation" is immeasurably more sinister than "Speculation." It bespeaks of controlling, orchestrating and maneuvering to falsify and rig.
Vanity Fair | Posted 11.12.2009 | Business
It was February 2008, and Henry M. Paulson Jr., a prince of Wall Street turned secretary of the Treasury, was reflecting on his biggest achievement to...
washingtonpost.com | Tomoeh Murakami Tse | Posted 11.12.2009 | Business
Chrysler Financial employees traveling on business can no longer be reimbursed for lunch on trips that don't require an overnight stay. If flying on b...
AP | JIM KUHNHENN | Posted 10.19.2009 | Politics
WASHINGTON — The Treasury Department has decided not to challenge the independence of the government watchdog agency that Congress created to ov...
The Wall Street Journal | EVAN PEREZ and DEBORAH SOLOMON | Posted 10.18.2009 | Business
The Treasury Department backed away from a standoff over the independence of the special government watchdog appointed to scrutinize how last year's $...
AP | ZACHERY KOUWE | Posted 09.30.2009 | Business
WASHINGTON — The U.S. government has hauled in about $4 billion in profits from large banks that have repaid their obligations from last year's ...
Georges Ugeux | Posted 09.26.2009 | Business
By not including the dollar in its international strategy and leadership, the U.S. misses out on an important way to create solidarity and loyalty among trade partners, and fair treatment for creditors.
Huffington Post Investigative Fund | Ben Protess | Posted 09.25.2009 | Business
Is Bank of America, the nation's largest bank, tracking how it spends $45 billion in taxpayer funds? That depends on which Bank of America statement ...
Robert Scheer | Posted 09.11.2009 | Business
Why has it been left to one stellar judge to sound the alarm on Bank of America and Merrill Lynch, and why is Congress and the Obama administration looking the other way?
The Media Consortium | Posted 09.11.2009 | Business
The U.S. job market may be showing signs of life, but the scenario isn't really so rosy, as our government has yet to relieve the foreclosure pandemic.
AP | DANIEL WAGNER | Posted 09.10.2009 | Business
WASHINGTON — Despite signs that the financial system has stabilized, banks remain threatened by billions of dollars of bad loans on their balanc...
nytimes.com | STEPHEN LABATON | Posted 09.06.2009 | Business
WASHINGTON -- In what has become a routine spectacle, financial regulators went to Congress this week and raised objections to major portions of Presi...
Reuters | Patrick Rucker and Kevin Drawbaugh | Posted 09.03.2009 | Business
WASHINGTON (Reuters) - Top U.S. bank regulators will speak out on Tuesday against some key elements of the Obama administration's plan to reshape fina...
nytimes.com | DAVID SEGAL | Posted 09.01.2009 | Business
In a few weeks, the Treasury Department's czar of executive pay will have to answer this $100 million question: Should Andrew J. Hall get his bonus? ...
AP | JEANNINE AVERSA | Posted 08.30.2009 | World
-+ WASHINGTON — The Obama administration on Thursday imposed financial sanctions on a North Korean firm accused of involvement in the country's ...
nytimes.com | PETER S. GOODMAN | Posted 08.30.2009 | Business
This week, the Obama administration summoned mortgage company executives to Washington to demand they move faster to lower payments for homeowners sli...
Sheldon Filger | Posted 08.29.2009 | Business
The warning is crystal clear. Before the onset of the current financial and economic crisis, the U.S. had structural deficits measured in the hundreds of billions of dollars.
ProPublica | Paul Kiel | Posted 08.29.2009 | Business
A growing number of small and midsize banks that received federal bailout money have stopped paying quarterly dividends to the government in order to ...
Georges Ugeux | Posted 08.28.2009 | Business
Why should the world pay to maintain a compensation system that is perceived to be outrageous and dangerous for the systemic stability of capital markets?
nytimes.com | MICHAEL J. De La MERCED | Posted 08.27.2009 | Business
Here is the latest pitch from Wall Street: those troubled assets at the banks could turn out to be gold for you. That is the line from BlackRock, t...
Posted 11.23.2009 | Business