Wall Street
Paulson, the Treasurer of Wall Street
Is there anyone out there other than Ralph Nader, Dennis Kucinich, and Bernie Sanders who wonders about the conflict of interest that Henry Paulson has been displaying lately?
Greenspan’s Reputation in Ruins—Deservedly So
The biggest bubble blown in the recent past—Alan Greenspan’s reputation—has finally been pricked.
Financial Debacle Discredits U.S. Economic Model
If there’s any silver lining in the current financial mess, it is that the U.S. model of unfettered free markets is now globally discredited.
Bush and Bailout Package Refuse to Get at Root Causes
With Wall Street prostrate and coming cup in hand, you’d think that Bush and Congress would exercise some leverage and good sense so this won’t happen again. But no.
Where’s the Relief for those Facing Foreclosure?
Let the government, at least on a temporary basis, become the savings and loan officer, with the power to renegotiate the mortgage downward and adjust the payments and interest rates downward, as well.
Who Should Obama Turn to for Advice During the Economic Crisis?
Here’s who he shouldn’t rely on: Paul Volcker, Robert Rubin, and Lawrence Summers.
Wall Street Socialism
For less money, Washington could have backed the mortgages of individual homeowners facing foreclosure, and let them stay in their homes.
McCain Now Claims to be Reformer of Wall Street
On the surface, he sounds like Eliot Spitzer, pre-call girl. But what does McCain mean by “reform”?
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