My 2009 "McLaughlin Awards" [Part 1]
Welcome once again to our year-end wrap-up and awards ceremony. Honesty dictates that I immediately genuflect to The McLaughlin Group, from whom I have stolen all these award categories.
Welcome once again to our year-end wrap-up and awards ceremony. Honesty dictates that I immediately genuflect to The McLaughlin Group, from whom I have stolen all these award categories.
Matthew Filipowicz | Posted 10.24.2009 | Business
In mere days, my city, Chicago will be overrun by the worst of the worst. The lowest of the low. Criminals who have affected more lives than any mug...
Huffington Post/AP | Posted 11.14.2009 | Business
(AP) NEW YORK — Lecturing Wall Street on its own turf, President Barack Obama warned financial leaders not to use the recovering economy to race...
New York Times | Posted 11.11.2009 | Business
One year ago next week, Lehman Brothers went bankrupt, Merrill Lynch was sold and A.I.G. was rescued by a huge federal bailout. In the wake of the glo...
New York Times | Alex Berenson | Posted 11.11.2009 | Business
One year after the collapse of Lehman Brothers, the surprise is not how much has changed in the financial industry, but how little....
Chris Weigant | Posted 10.16.2009 | Politics
Money wasn't just "given" to Wall Street firms. It bought something of value. And now that the firms (and the market in general) are recovering, they're starting to pay it back. With interest.
The Hill | Michael O'Brien | Posted 08.28.2009 | Business
Corporate chieftains worried about Congress's impending regulation of executive pay should remember: Most Americans don't get bonuses....
Max Keiser | Posted 08.28.2009 | Business
America's debts are bigger than the GDP of the world, so unless the world decides to gift America 100% of its profits for a year or more the U.S. can forget about digging its way out of the debt tomb.
Max Keiser | Posted 08.24.2009 | Business
There is no such thing as a 'naked credit default swap.' Buying and selling avatars on Second Life using virtual money has more economic legitimacy.
The Wall Street Journal | AARON LUCCHETTI | Posted 08.01.2009 | Business
Financial markets are recovering and the jostling for talent is intensifying as securities firms once again are making money -- and they look set to s...
New York Times | GRAHAM BOWLEY and LOUISE STORY | Posted 05.12.2009 | Business
The turning point for Stephan Jung came in February, around the time bonus checks were slashed. A veteran of UBS, one of many banks tarnished by the f...
The Real News | Posted 04.30.2009 | Business
The Stimulus Package is dangerously small.
AP | SARA LEPRO | Posted 04.01.2009 | Business
NEW YORK — The arrival of March is unlikely to bring much relief to a stock market battered by bad news throughout February. Trepidation is mor...
Donald Cohen | Posted 03.28.2009 | Business
Why do cable TV, blogs and proliferating new media still care about how Wall Street evaluates public policy? Why would we listen to them?
Michael Brune | Posted 01.07.2009 | Green
Bank of America has announced that they will be stop financing for companies that practice mountaintop removal coal mining, a highly destructive method of coal extraction.
New York Times | Dealbook | Posted 12.06.2008 | Business
The former chief risk officer at investment bank Bear Stearns , which nearly collapsed in March, is now a senior official of the Federal Reserve divis...
Reuters | Posted 11.09.2008 | Business
The U.S. Treasury Department plans to start directly injecting capital in U.S. banks as soon as the end of October in exchange for passive investment ...
New York Post | GINGER ADAMS OTIS | Posted 11.05.2008 | Business
New York-based brokers, analysts and finance executives who have been axed by their blue-chip firms are turning to a blade of a different kind - a sc...
HuffingtonPost.com | Jed Lewison | Posted 10.29.2008 | Politics
Update (11:42PM): Krugman offers lukewarm support for the plan in his new column, but warns that the plan isn't going to fix all our financial problem...
AP | JULIE HIRSCHFELD DAVIS | Posted 10.28.2008 | Business
WASHINGTON — In a vote that shook the government, Wall Street and markets around the world, the House on Monday defeated a $700 billion emergenc...
AP | CHARLES BABINGTON | Posted 10.28.2008 | Business
WASHINGTON — Nervously eyeing the markets' next trading session, key lawmakers in both parties and Treasury Secretary Henry Paulson worked late ...
Washington Post | Blaine Harden | Posted 10.28.2008 | Business
Japan, a nation that rode exports to become the world's second-largest economy, posted a highly unusual trade deficit in August. It was an alarm sig...
LA Times | David Lazarus | Posted 10.28.2008 | Business
You've got to love the banking industry. As our friends in the financial sector were passing the hat among taxpayers last week for $700 billion in ba...
Poynter Online | DAVID CAY JOHNSTON | Posted 10.24.2008 | Media
Journalists, start your skepticism. In covering the proposed $700 billion bailout of Wall Street don't repeat the failed lapdog practices that so dam...
Huffington Post | Nicholas Graham | Posted 10.24.2008 | Politics
Two reports tonight, one from the New York Times, and the other from Newsweek, contradict John McCain's statement this week that his campaign manager ...
Chris Weigant | Posted 12.26.2009 | Politics