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December 29, 2014
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Tag: Brooksley Born


AP / Charles Dharapak

After Summers Comes the Fall

When will the president give Lawrence Summers his pink slip? He can thank him for his years of service and use the excuse that his top economic adviser wants to spend more time with his family. I don’t care how he sugarcoats it.

Posted on Sep 14, 2010 READ MORE


David Viniar
AP / Evan Vucci

‘Very Skeptical’ Brooksley Born Takes on Goldman Brass

If there’s one person we’d want to see grill Goldman Sachs bigwigs about certain fishy pre-financial-meltdown practices in which they apparently engaged, such as their failure to give useful details about ... (continued)

Posted on Jul 1, 2010 READ MORE


Greenspan
AP / J. Scott Applewhite

Greenspan Defends the Fed to Meltdown Commission

Former Fed chief Alan Greenspan faced the proverbial firing squad, or in this case the congressionally appointed Financial Crisis Inquiry Commission, to answer questions Wednesday about his leadership choices at the Fed with regard to some key factors that triggered the financial implosion in 2008.

Posted on Apr 7, 2010 READ MORE


Ronald Reagan
Reagan Library

Reagan Didn’t Do It

It would be nice to blame Ronald Reagan for the economic meltdown, as Paul Krugman did recently, but the facts don’t support it. Unfortunately, the real villains are closer at hand.

Posted on Jun 3, 2009 READ MORE


Bair
AP photo / Harry Hamburg

Courage Award Honors Two Women Who Warned Us

There has been much hand-wringing, not to mention finger-pointing, regarding who knew what, and when, about the financial calamities that have recently come to pass. However, Brooksley Born and Sheila Bair won’t be counted among the willfully or accidentally ignorant: They’ve been named this year’s winners of the JFK Profile in Courage Award for sounding the alarm far ahead of time.

Posted on Mar 28, 2009 READ MORE


Obama, Gensler and Tarullo
AP photo / Gerald Herbert

Obama’s Toxic Advisers

Bernie Sanders, the senator from Vermont who is independent in spirit as well as party label, has placed a hold on President Obama’s nomination of Gary Gensler to head the Commodity Futures Trading Commission. Sounds like a minor issue to get worked up about, but I see this appointment as further evidence that the president has entrusted his economic policy to the wrong people.

Posted on Mar 24, 2009 READ MORE


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