After Summers Comes the Fall

Robert Scheer / Truthdig Sep 15, 2010 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.When will the president give Lawrence Summers his pink slip? Dig deeper ( 4 Min. Read )

‘Very Skeptical’ Brooksley Born Takes on Goldman Brass

Staff / Truthdig Jul 2, 2010 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). Dig deeper ( 1 Min. Read )

Greenspan Defends the Fed to Meltdown Commission

Staff / Truthdig Apr 7, 2010 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. Dig deeper ( 2 Min. Read )

Reagan Didn’t Do It

Robert Scheer / Truthdig Jun 3, 2009 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. Dig deeper ( 3 Min. Read )

Courage Award Honors Two Women Who Warned Us

Staff / Truthdig Mar 29, 2009 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. Dig deeper ( 2 Min. Read )

Obama’s Toxic Advisers

Robert Scheer / Truthdig Mar 25, 2009 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. Dig deeper ( 3 Min. Read )