The Post Crazy Economy
To some, the crisis was caused by consumers. It's as if they are unhappy that we're getting our act together. It's similar to a dope dealer getting angry when a customer goes into rehab.
To some, the crisis was caused by consumers. It's as if they are unhappy that we're getting our act together. It's similar to a dope dealer getting angry when a customer goes into rehab.
Robert Creamer | Posted 01.08.2009 | Politics
A good case can be made that the massive globalization of labor and financial markets, coupled with "free markets uber alles" policies, formed a toxic mixture that made the collapse inevitable. Here's why.
Diane Francis | Posted 01.06.2009 | Business
Obama-nomics won't merely be the New Deal Part Two. It will have to be executed along with policies hammered out in partnership with the best minds and most enlightened leaders in the world.
CNN | David Goldman | Posted 01.05.2009 | Business
The Treasury Department said Monday it had invested $15 billion in another seven banks, including two companies that recently completed large takeover...
Michelle Kraus | Posted 01.01.2009 | Politics
The legacy of Bush and Cheney are inextricably tied to the survival of the old fossil fuel economy. Their assignment was clear: defend and protect at ...
New York Times | ERIC DASH and VIKAS BAJAJ | Posted 12.31.2008 | Business
The financial crisis began in the credit markets, and eventually it will end there. But as the financial industry rounds out one of the most wrenching...
Hale "Bonddad" Stewart | Posted 12.20.2008 | Business
To argue there was no credit crisis -- to say we were "punked by Wall Street" -- flies in the face of every available fact on the crisis.
Ariston Anderson | Posted 12.19.2008 | Entertainment
Just how much is the credit crunch going to affect Hollywood? Film elite like Sir Ben Kingsley, Penelope Cruz, Gus Van Sant, Dennis Hopper, Darren Aronofsky and others weigh in.
Charles H. Green | Posted 12.18.2008 | Business
I've met all too many people educated in our "best" schools who have come to believe that selling toxic waste to customers is a legitimate part of a noble, even moral, endeavor called capitalism.
Hale "Bonddad" Stewart | Posted 12.18.2008 | Business
Why is this debate occurring? What are we talking about whether or nor there is a credit crunch? There are two reasons.
Zachary Karabell | Posted 12.15.2008 | Business
When people look to the future, they tend to take the present and extrapolate. No one knows outcomes here, and past economic patterns are a misleading guide to the future.
Richard A. Smith | Posted 12.09.2008 | Business
Paris Hilton has achieved global iconic status without ever having accomplished anything. She taught us all that that it is ok, even fashionable, to have success without substance.
Joanne Bamberger | Posted 12.08.2008 | Politics
President-elect Obama, tell families to stay home on Inauguration Day, save their money for their kids and enjoy the festivities on TV.
Rick Horowitz | Posted 11.30.2008 | Politics
The mere prospect of a Barack Obama victory, the Fulminators want you to believe, was enough to spook the markets and send them into the current tailspin.
AP | CHRISTOPHER S. RUGABER | Posted 11.26.2008 | Business
WASHINGTON — Wall Street finally has something to be thankful for. A set of economic reports out Wednesday were predictably gloomy, but the stoc...
Alan Schram | Posted 11.26.2008 | Business
Seeing the news headlines, clearly people are frightened.The issue we are faced with today is shortage of confidence, not shortage of capital.
The Big Picture | Barry Ritholtz | Posted 11.25.2008 | Business
Whenever I discussed the current bailout situation with people, I find they have a hard time comprehending the actual numbers involved. That became a ...
Paul Abrams | Posted 11.25.2008 | Business
Government action is required, either through incentives or directives. In these times, and with these stakes, the government should use whatever powers it has to get this done.
AP | JEANNINE AVERSA and MARTIN CRUTSINGER | Posted 11.25.2008 | Business
WASHINGTON — The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt w...
Crain's Chicago Business | Ann Saphir | Posted 11.20.2008 | Chicago
Regulators expect to give the go-ahead to CME Group Inc. and rivals to clear contracts in the $47 trillion market for credit default swaps by the midd...
Alan Schram | Posted 11.18.2008 | Business
Throwing taxpayers' good money into that sink hole called the US auto industry will be tantamount to a transfer of wealth from tax payers to GM employees.
Crain's Chicago Business | Mike Colias and Ann Saphir | Posted 11.17.2008 | Chicago
Tribune Co. CEO Sam Zell is pushing to have a deal in place by yearend to sell all but a small stake in the Chicago Cubs, despite recent indications ...
Alan Schram | Posted 11.14.2008 | Business
In the last few months, we have seen the prices of commodities dropping precipitously. Oil dropped from $150 to $60, Gold dropped from $1,000 an ounc...
Howard Schweber | Posted 11.12.2008 | Business
Paulson now says that the administration will not, after all, use any of the $700 billion to purchase asset-based securities. At this point it seems salient to ask, what the hell is going on?
Sanjiv Gupta | Posted 11.12.2008 | Home
The election on November 4, 2008 has brought us full circle from the events of September 11, 2001. People all over the world mourned the destruction...
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Scroll down for video and a slideshow WASHINGTON
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Millions of children and adults have seizures in the United States, but dying...
Don McNay | Posted 01.09.2009 | Business