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The last time I caught up with our octogenarian was in the summer of 2007. At the time, Russell made what I thought was a remarkable call, telling me he thought there was a good chance "all hell could break loose."
AP | SARA KUGLER | Posted 11.04.2009 | New York
NEW YORK — Democrats who saw how close their candidate came to unseating New York Mayor Michael Bloomberg agonized Wednesday about what might ha...
Hale "Bonddad" Stewart | Posted 11.04.2009 | Business
Many have blamed the repeal of Glass-Steagall as a primary driver of the financial meltdown; hence, putting it back in place should be part of financial reform. But there's more than one way to look at financial reform.
Joseph A. Palermo | Posted 11.02.2009 | Business
A criminal gang of rich white guys in New York did some extremely reckless things with the nation's collective wealth, and the middle class got clobbered.
AP | MATT APUZZO and BRETT J. BLACKLEDGE | Posted 10.30.2009 | Business
WASHINGTON — Nearly 650,000 jobs have been saved or created under President Barack Obama's economic stimulus plan, the government said Friday, a...
Allison Kilkenny | Posted 10.30.2009 | Business
If life still sucks for you: you're still unemployed, depressed, broke, homeless, or scraping by on food stamps, don't worry. You're not alone.
David A. Love | Posted 10.29.2009 | Books
Throughout history we have witnessed the ways in which societies compromise their legal systems to oppress the many, benefit the few, and sanction the unconscionable.
AP | JEANNINE AVERSA | Posted 10.30.2009 | Business
WASHINGTON — After a record four straight losing quarters, the economy finally grew again. It was hardly a boom, and it was almost all because o...
Paul David Walker | Posted 10.26.2009 | Living
One of my mentors had said to me years ago, "Do you want to be right, or win." My thought sounded like Jack Welch, "I want both."
Jerome Halligan | Posted 10.23.2009 | Comedy
The Dow Jones Industrial Average soared above 10,000 again Tuesday, chiefly on the strength of a report that Wall Street executives can do "basically anything they f***ing want, whenever they f***ing want."
Lita Smith-Mines | Posted 10.22.2009 | Business
My foray back into stores after a long, involuntary hiatus was disturbing. The parking spaces and aisles were vacant. I guess, when you lose your house to foreclosure, your closets go too.
Capital Gains and Games | Stan Collender | Posted 10.20.2009 | Politics
Despite the headlines and the page-one, right-hand column, above-the-fold stories in the New York Times and Washington Post on Saturday, I'm not at al...
New York Times | Paul Krugman | Posted 10.19.2009 | Business
It was the best of times, it was the worst of times. O.K., maybe not literally the worst, but definitely bad. And the contrast between the immense goo...
Reuters | Posted 10.16.2009 | Business
Billionaire investor and philanthropist George Soros said on Thursday that the world's current "currency arrangements" are fraught with danger and tha...
Diane Francis | Posted 10.15.2009 | Business
An examination of the causes of the financial meltdown and proposals for reform to prevent new catastrophic bubbles from forming and bursting.
nydailynews.com | Kenneth Lovett | Posted 10.15.2009 | New York
Get ready for more pain. Gov. Paterson will propose $2.5 billion in budget cuts today - primarily in health and education - to close a mushrooming def...
Barry Sussman | Posted 10.15.2009 | Media
Economist James Galbraith says America's economic collapse "was the product of wide-scale criminal fraud" but that the press, instead of investigating it properly, has treated it as a 'boys will be boys" phenomenon.
Rob Kall | Posted 10.14.2009 | Living
A recent CNN study found that almost half of all Americans are living paycheck to paycheck.
The New York Observer | Katharine Jose | Posted 10.12.2009 | New York
There is now a large bronze apple on the median of Park Avenue at 52nd Street, just west of the Seagrams building. The apple is large enough to notice...
Dean Baker | Posted 10.12.2009 | Business
The bankers wrecked the economy with their greed, ran off with taxpayer dollars in a massive bailout, and now plan to raise taxes for the rest of us. If that picture doesn't sound quite right, then go to Chicago.
Susan Older | Posted 10.11.2009 | Living
The unemployed grapple with their losses on a daily basis. But what about the ranks of the still-employed who live in fear of being tapped for the next layoff or becoming the target of managers who can fire them at will?
AP | CHRISTOPHER S. RUGABER | Posted 10.09.2009 | Business
WASHINGTON — The number of job seekers competing for each opening has reached the highest point since the recession began, according to governme...
Crain's New York Business | Daniel Massey | Posted 10.08.2009 | New York
A survey of low-income New Yorkers shows that two-thirds have less than $1,000 in savings to fall back on should even tougher times hit, while one-thi...
Stephen Herrington | Posted 10.07.2009 | Politics
44,000 deaths is the equivalent of 14.6 of Al Qaeda's 9/11s per year. It's 24 Katrina-scale disasters per year. It is a pandemic of omission and exclusion.
Karen Talavera | Posted 10.07.2009 | Living
Among all possible parties to play the role of eleventh-hour savior for Debbie Hobson, there was our good ol' US government -- the IRS no less -- just doing its job.
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Dan Dorfman | Posted 11.06.2009 | Business