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 )

Jim Cramer’s Stock Market Manipulation Primer

Staff / Truthdig Mar 14, 2009 So, CNBC hyperpundit Jim Cramer was the very picture of contrition during his cringe-tastic appearance on Thursday night's "Daily Show." But let's revisit this moment from 2006 -- when Cramer brought a much haughtier version of himself to TheStreet.com TV to discuss, among other delightful topics, how to "create a new truth to develop a fiction" whilst in "hedge-fund mode" -- shall we? Dig deeper ( 1 Min. Read )

Jon Stewart’s Not Buying What Jim Cramer’s Selling

Staff / Truthdig Mar 14, 2009 In this highly anticipated face-off between Jon Stewart and CNBC's Jim Cramer on Thursday's "Daily Show," Cramer furiously backpedals as he's zinged repeatedly by a (mostly) courteous but relentless Stewart, who questions whether Cramer isn't a snake-oil salesman who has supported the myth that there is one unified economic system that works the same for everybody while knowing that's not the case. Dig deeper ( 1 Min. Read )

Madoff Investor Found Dead in N.Y.

Staff / Truthdig Dec 24, 2008 The co-founder of one of Bernard Madoff's biggest corporate clients, Access International Advisers, was found dead of an apparent suicide on Tuesday morning in his New York office. Dig deeper ( 1 Min. Read )

Sex and the SEC

Staff / Truthdig Dec 20, 2008 Turns out that certain employees at the Securities and Exchange Commission weren't just asleep at the wheel, as it were, when they should have been paying more attention to Bernard Madoff's worrisome investment activities. Dig deeper ( 1 Min. Read )

GodTube Cashes In

Staff / Truthdig May 13, 2008 A European hedge fund just invested $30 million in a Christian-oriented video sharing site. The vast majority of Americans identify as Christian, and while the economy may be taking a nose dive, there's still money to be made on Jesus. Dig deeper ( 1 Min. Read )

Down to Their Last Billion

Andy Borowitz / Truthdig Sep 9, 2007 The satirist reports that, desperate to protect their endangered fortunes, thousands of the nation's leading hedge-fund managers converged on Washington today in "The Million Mercedes March." Dig deeper ( 1 Min. Read )