Goldman Sachs Duped Investors, Investigation Finds

Staff / Truthdig Dec 31, 2009 McClatchy reporters have been digging into the shady offshore dealings of Goldman Sachs and what they found in the records of the financial-meltdown villain is as maddening as you'd expect. (continued) Dig deeper ( 1 Min. Read )

Geithner’s Fed Made AIG Pay Banks to the Max

Staff / Truthdig Oct 28, 2009 That Timothy Geithner must love the big banks he spends all day talking to. Back when he was in charge of things, the Federal Reserve Bank of New York forced AIG to pay off Wall Street tycoons for all those toxic bets, even though the mega-insurer was busy trying to negotiate a better deal. Dig deeper ( 1 Min. Read )

AIG on the Mend?

Staff / Truthdig Sep 21, 2009 After narrowly escaping catastrophe during the financial implosion that began last fall, American International Group -- otherwise known as AIG -- is leveling out, according to a cautiously optimistic new report from Congress' Government Accountability Office. Dig deeper ( 1 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 )

The Clinton Bubble

Robert Scheer / Truthdig Apr 29, 2009 Has Timothy Geithner ever had lunch with a non-megamillionaire who has lost his job or home because of the banking meltdown? I ask that question after reading the list of the treasury secretary’s luncheon dates when he was head of the New York Federal Reserve, a list that the government was forced to provide in response to a lawsuit. Dig deeper ( 4 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 )

White House Looking to Curb Wall Street’s Excesses

Staff / Truthdig Mar 22, 2009 Faced with the glaring problem of indulgence and intractability on the highest tiers of Wall Street's corporate behemoths, the Obama administration is putting together a plan to make financial institutions more accountable and more transparent to the government and to the taxpayers who granted them buoyancy. Dig deeper ( 1 Min. Read )