Congress Sings the Bailout Blues
Jan 19, 2009 Want to know where the $350 billion banking bailout went and why it hasn't done a bit of good? Read, and weep over, this little-noticed report from the congressional panel set up to monitor the Treasury Department's distribution of our taxpayer funds.Fool Me Once
Jan 16, 2009 Somehow, immediately releasing more bailout funds is being portrayed as a self-evident necessity. Amid Barack Obama's paeans to "new politics," we're watching old-school paybacks from a politician who raised more Wall Street dough than any other.
Tough Road Ahead for New Economic Appointees
Dec 19, 2008 On Thursday, President-elect Barack Obama introduced three top financial appointees who will help him with the unenviable task of revamping the government's economic regulatory system and "crack[ing] down on this culture of greed and scheming that has led us to this day of reckoning,” as Obama put it.
Greed: Still Good?
Oct 15, 2008 What would Gordon Gekko, the ruthless corporate raider from Oliver Stone's 1987 classic cautionary tale "Wall Street," have to say about the current state of the American economy? Well, we just might find out.
AIG Execs Enjoy Sun and Fun on Your Dime
Oct 8, 2008 What's $85 billion if you don't get to spend it? Just days after taxpayers saved AIG from ruin, executives of the insurance giant spent $440,000 pampering themselves at the exclusive St. Regis resort in Monarch Beach, Calif.
Best Foot Forward
May 16, 2008Slap Down ‘Free Market’ Pirates
Mar 27, 2008 For years, District Attorney Robert Morgenthau has warned that the nexus of capitalism and criminality poses a serious threat to America. With Bear Stearns now in ruins, maybe we will listen to him.Greed Is Not Good
Mar 25, 2008 The housing crisis brings to mind Gordon Gekko, that fictitious ambassador of Wall Street whose words, then and now, remind us why uninhibited capitalism just doesn't work.
Compassionate Conservatism
Dec 17, 2007
