Paulson

End the Bailout

Alan Schram | Posted 11.20.2008 | Business


Alan Schram

Paulson is now on his third plan for how to spend the cash Congress gave him. Nobody knows what he will do next.

Free Fall

Robert L. Borosage | Posted 11.18.2008 | Politics


Robert L. Borosage

The US has joined Germany and Japan in what is becoming a global recession. The era of big government is over is over. In the crisis, we are, as Richard Nixon once said, "all Keynesians now."

Friday Talking Points [55] -- "Bretton Woods II"? Not Quite.

Chris Weigant | Posted 11.14.2008 | Politics


Chris Weigant

I have to begin here today by stomping all over a cutesy term the media has come up with for the upcoming economic "summit" George W. Bush is holding ...

What the Hell is Paulson Thinking???

Howard Schweber | Posted 11.12.2008 | Business


Howard Schweber

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?

Washington Overreacts

Alan Schram | Posted 11.10.2008 | Business


Alan Schram

Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.

Just How Dumb Are White Males?

Robert Scheer | Posted 10.29.2008 | Politics


Robert Scheer

Call me naive, but I think white males, startled by job cuts and the devastation wreaked upon their retirement savings, are finally getting the point.

Paulson Summons US Banking Heads To Meeting Over Equity Stakes Plan

Wall Street Journal | AARON LUCCHETTI, DAMIAN PALETTA and JESSICA HOLZER | Posted 10.13.2008 | Business


Treasury Secretary Henry Paulson called the top U.S. banking heads to a meeting today in Washington, people familiar with the matter said. The aftern...

Back from the Brink: Report from Inside the World Bank Meeting

Sarah van Gelder | Posted 10.13.2008 | Business


Sarah van Gelder

The World Bank and IMF held their annual meeting in Washington, DC, this weekend, and of course the global economic meltdown was on everyone's minds.

Obama's New Deal for America

Amb. Marc Ginsberg | Posted 10.08.2008 | Politics


Amb. Marc Ginsberg

I believe now is the time for Obama to consider a bolder and more historic approach to the financial crisis by presenting to middle income Americans a step-by-step "big think" FDR-style New Deal program.

The Bush Bullydozer Strategy to Preempt His Successor

Danny Schechter | Posted 10.06.2008 | Business


Danny Schechter

One of the tactics of high pressure selling is to set a deadline, and make it clear that if you don't chose the offer by the date set, you lose it.

Rearranging The Deckchairs

Tom Gregory | Posted 10.06.2008 | Business


Tom Gregory

It is ironic that real estate, the cause of the economic collapse, may eventually be the unintended beneficiary of our steep downturn.

They Stood Up to the Banks

Sarah van Gelder | Posted 10.01.2008 | Business


Sarah van Gelder

Now, in spite of having no national party and no big popular spokesperson to bring them together, these American populists have said enough! The scare tactics didn't convince them.

Republican House Bailout Plan Is A Hidden Tax

Stephen Herrington | Posted 10.01.2008 | Home


Stephen Herrington

The Republican House plan would be a government bailout with the prospect that bank contributions would cover the costs over time. But those contributions will not come out of bank profits but will be passed on to consumers, further adding to the costs of credit.

Hank Paulson Just Elected Barack Obama President

Henry Blodget | Posted 09.30.2008 | Business


Henry Blodget

McCain's nosedive is the result of a critical decision by Bush Treasury Secretary Hank Paulson earlier this month: to let Lehman Brothers fail.

Republican "Workout" Is A Cop Out

Ron Grande | Posted 09.30.2008 | Home


Ron Grande

The House Republicans will be to blame for any calamities that may yet be in store for our economy. Their objection to the modified Paulson Plan was not ideological, it was political.

There Will Not Be an October Surprise

Matt Littman | Posted 09.29.2008 | Politics


Matt Littman

No, this campaign is going to come down to Obama vs. McCain, mano a mano. And right now, momentum is going Obama's way.

The Last Supper on Wall Street: Sushi, Stocks, and Who is Picking Up the Check?

Vivian Norris de Montaigu | Posted 09.29.2008 | Business


Vivian Norris de Montaigu

Denial was overtly present during a three hour dinner at an expensive sushi restaurant. Bankers threw stock prices into the conversation between the dishes of sashimi and cucumber martinis.

Money for You

Tom Gregory | Posted 09.27.2008 | Business


Tom Gregory

"Dear Mr Tomm Gregorry: My name is Minister Wa Cohvia C.T. Bank. I am a very wealthy financiall institution in the country of America."

Business Plan That Will Immediately Restore Real Estate Values

Grant Cardone | Posted 09.26.2008 | Business


Grant Cardone

A bailout that doesn't include getting products off the books of the government and and into the hands of investors or buyers that are willing and qualified to bear the risk of ownership will fail.

Mortgage Solution Missing In Bailout Plan

The Washington Independent | Posted 09.25.2008 | Politics


As lawmakers continue fighting on Capitol Hill over a $700 billion taxpayer bailout for banks and lenders on Wall Street, the foreclosure machine grin...

Hank Paulson Should Call John Doerr

Adam Hanft | Posted 09.24.2008 | Business


Adam Hanft

More than Paulson, more than Bernanke, more than pretty much anyone in Washington I'd trust venture capitalist John Doerr to negotiate my stake in the bailout.

My Conversation with Alan Blinder and Steven Pearlstein

Charlie Rose | Posted 09.24.2008 | Business


Charlie Rose

2008-09-24-charlierose923.jpgWe discussed the crisis on Wall Street and the government's ongoing ongoing efforts to secure the strength of our economy.

Paulson says "Just Trust Me"

Neil Grossman | Posted 09.24.2008 | Business


Neil Grossman

Neither the Treasury nor the Federal Reserve has done a good job handling the economy, the financial system, regulation. If most of us had their track record, we wouldn't be taken seriously.

The Free Market is Like a Toddler

Philip Slater | Posted 09.24.2008 | Business


Philip Slater

The free market is energetic, yes, and creative, yes, and innovative, yes, but stupid. It will gamble its way into bankruptcy, poison its children, destroy its environment -- you can't take the kid anywhere.

What We Know For Sure

Fortune's Stanley Bing | Posted 09.24.2008 | Business


<i>Fortune</i>'s Stanley Bing

I have no doubt as we transition our economy that the former scions of the now-discredited system will once again rise to the apex of power under a brand new flag.