If you wonder what the deal with Lance is about, just look back at those bank CEOs, and what they did to millions of people. They cheated, they got outed, they got caught, and then they tried to pretend that they were victims.
While the stock market has plummeted on concerns about the near-term strength of the American economy, the larger issue could be that the long-term pr...
Perhaps, judging from the way our trio of pros see it, John Wayne had the right idea when he said "courage is being scared to death...and saddling up anyway."
When bankers think they can get away with rampant fraud and get paid very well to do it, they'll do it. Robert Rubin's best defense is that he really isn't all that bright -- he's either an idiot or a criminal.
Another week brings another round of political theatre on capital hill. This week's topic was the stock market "crash" of last week and had all the t...
The public health burden of insomnia on the US is measured in the hundreds of billions of dollars. While we routinely cut calories, or cram in exercise, sleep has not even entered the conversational lexicon.
Why is everyone making such a fuss about where to move the men who are still at Guantanamo? I have the solution. I live in a huge anonymous apartment building in Manhattan...
Fundamental problems are not being resolved, but rather papered over: the excess debt of low quality, excess speculation in the financial markets and mushrooming debt and deficits.
A year ago, it was hardly unthinkable that a math wizard like David X. Li might someday earn a Nobel Prize. After all, financial economists--even Wal...
Perhaps we can celebrate in the same spirit that inhabited that first Oscars at the Hollywood Roosevelt Hotel in May 1929, just 5 months before the whole world slid into the economic abyss.
Maybe the story of this jet crash is exactly the real life fable we needed seared into our nation's consciousness. What if yesterday's "miracle" was a perfect metaphor for 2009?
Let's start with what everyone can agree on. There was a Great Depression, then the New Deal, then World War II.
Also, that America emerged from tha...
My question to anyone who cares to answer is: who is out there buying the Louboutin pumps? The Vivier booties? The Hermes scarves, the Chloe bags? Is it you? Or anyone you know?
"Free-market" health care is as perverse an incentive as free-market police and fire protection would be, leaving everyone vulnerable, at the mercy of the marketplace.
Noam Chomsky's encyclopedic knowledge of political, philosophical and economic issues is simply breathtaking, as is his ability to break complex subjects down to their rawest essentials.
We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.
This nation doesn't need a weaker CRA, but a re-conceived and far stronger tool in the effort to ensure ready access to quality, non-discriminatory, financial services in all communities.
The present economic collapse, which will surely devour more than a trillion taxpayer dollars within the next six months, utilized an earlier model -- the Savings and Loans swindle.
If these trends in the fossil fuel markets continue, prices will drop, but that means companies won't invest in new projects. Inevitability, we will be looking at a brownout future.
Autumn's market mayhem has left the world's financial institutions nursing losses of $2.8tn, the Bank of England said today, as it called for fundamen...
In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.