Wall Street

Origins Of The Meltdown?

Did a well-intentioned but poorly thought out law from the 1970s lead to the economic collapse?

December 12, 2008 | Read More


Bamboozled On The Bailout

Congress says it’s been “bamboozled” on the Wall Street bailout. Big surprise.

December 12, 2008 | Read More


Political CON-ventions

AIG sank $1.5 million into the Democratic and Republican conventions and reaped $150 billion in tax dollars in return. Isn’t that far worse than Gov. Rod “I want money” Blagojevich and his penny-ante crimes?

December 11, 2008 | Read More


The “Free” Market Loves “Free” Government $$

The markets boom on the promise of another taxpayer windfall.

December 8, 2008 | Read More


Suckering The Suckers

A two-bit scammer was able to pocket $100 million in “fraudulent” loans back when banks were lending to anyone with a pulse. But his fraud looks like small potatoes now.

December 5, 2008 | Read More


Paulson Goes Begging In Beijing

Hank Paulson is trying to convince our national bankers in China to use Wall Street’s financial services. You know, services like squandering your wealth and wrecking your economy.

December 2, 2008 | Read More


Crude Awakening

Congress is talking tough about investigating oil speculation. That’s nice. But where were you guys when we were taking out third mortgages to fill up our gas tanks?

November 26, 2008 | Read More


Cue The Tar And Feathers

Alan Greenspan testified on Capitol Hill this morning. If you’re looking for one person to blame for the mess we’re in, Greenspan could and probably should be him.

October 23, 2008 | Read More


Mad As Hell Letters

A little bird dropped this letter off in my mailbox, apparently addressed to another one of our do-nothing leaders. For all the action he’ll see from Mrs. Bono, he might as well have written his letter to Cher.

October 21, 2008 | Read More


Hedge Fund Manager Tells All And Tells Off

An extraordinary piece of writing is making the rounds on the internet. It is not just one of the best take-this-job-and-shove-it letters ever written, it is the ultimate insider’s indictment of the corruption on Wall Street and in Washington.

October 21, 2008 | Read More


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