Obama Second Term
Jun 13, 2011
Budget Watchdog Blames Debt Crisis on Bush Policy
May 25, 2011 The nonpartisan Center on Budget and Policy Priorities has updated research that projects nearly half of public debt in 2019 will be attributable to President George W. Bush's tax cuts plus the ongoing wars in Iraq and Afghanistan.
N.Y. Attorney General Wants Answers From Big Banks
May 17, 2011 Homing in on mortgage-backed securities, New York Attorney General Eric Schneiderman has requested records from Bank of America, Morgan Stanley and Goldman Sachs as part of a broad investigation into the causes of the financial meltdown of 2008. (more)
Hedge Fund Founder Found Guilty: Who’s Next?
May 11, 2011 The founder of the Galleon Group hedge fund, Raj Rajaratnam, faces 25 years in prison after a jury convicted him on 14 charges related to a six-year insider-trading binge that netted him more than $60 million. (more)
Wall Street CEOs Off the Hook
Feb 28, 2011 Most of those Wall Street executives whose firms took ridiculous risks and brought the global financial system to its knees are far from a jail cell, or even from being prosecuted by the Justice Department.
Cowen Catching the “Celtic Tiger”
Nov 20, 2010
When the Euro Almost Died
Sep 25, 2010 In a fascinating tale of international financial intrigue, the Wall Street Journal reveals how a secret task force of European leaders -- dubbed “the group that doesn't exist” -- was formed in 2008 to prevent the collapse of the eurozone, which could have triggered another global economic tsunami.
Troubled Times Slash G-8 Aid Pledge
Jun 26, 2010 With the scent of the global financial crisis swimming in their nostrils, G-8 leaders pledged a mere $5 billion in aid to reduce deaths among African mothers and infants, a decrease of 90 percent in the funding promised five years ago at the group's meeting in Gleneagles, Scotland.
Fred Branfman on ‘The Big Short’
May 7, 2010 Author Michael Lewis in his best-selling book takes us inside capitalism’s “doomsday machine,” and it’s your worst nightmare come true.
