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Wall Street

Paulson, the Treasurer of Wall Street

By Matthew Rothschild, October 14, 2008

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

By Amitabh Pal, October 9, 2008

The biggest bubble blown in the recent past—Alan Greenspan’s reputation—has finally been pricked.

Financial Debacle Discredits U.S. Economic Model

By Amitabh Pal, September 25, 2008

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

By Matthew Rothschild, September 26, 2008

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?

By Matthew Rothschild, September 19, 2008

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?

By Matthew Rothschild, September 17, 2008

Here’s who he shouldn’t rely on: Paul Volcker, Robert Rubin, and Lawrence Summers.

Wall Street Socialism

By Matthew Rothschild, September 17, 2008

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

By Matthew Rothschild, September 15, 2008

On the surface, he sounds like Eliot Spitzer, pre-call girl. But what does McCain mean by “reform”?

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