Dodd Bill Allows Wall Street Firms for ‘Backdoor Bailouts’

editor|Mar 19, 2010| 

Sheila Bair, chairwoman of the Federal Deposit Insurance Corp., raised ’serious concerns’ about a provision in the financial reform bill, released this... Read »

Greek PM Gives Germany and EU Aid Deadline

editor|Mar 18, 2010| 

Bloomberg reports that Greek Prime Minister George Papandreou has called for a clear rescue mechanism for Greece and has set a one-week deadline for the EU to come... Read »

Dissecting the FOMC Statement

Kathy Lien|Mar 16, 2010| 

Here is my dissection of the March 16 Fed Statement FOMC Statement March 16, 2010 Information received since the Federal Open Market Committee met in January suggests... Read »

Geithner Says There is “No Way” the U.S. Will Lose its ‘AAA’

editor|Mar 16, 2010| 

Treasury Secretary Timothy Geithner said the U.S. isn’t in danger of losing its gold-plated credit rating, arguing that policymakers just need to show that they... Read »

EU Agrees to Bailout Greece

editor|Mar 12, 2010| 1

It’s official. The EU is set to bail out Greece as key EU partners come to the aid of the stricken Greek economy and take the first step towards European economic... Read »

Mexican Tycoon Carlos Slim is The World’s Richest Man

editor|Mar 11, 2010| 1

Carlos Slim Helu is the wealthiest person on earth, according to the 2010 Forbes list of the World’s Billionaires. The 70 year old Mexican tycoon who controls... Read »

Charles Calomiris: ‘The Real Concern Right Now Should Be on Italy’

editor|Mar 10, 2010| 

Charles Calomiris, a Columbia University economist who was the first to predict Argentina’s  sovereign debt crisis, talks in this  Bloomberg interview about... Read »

Gasparino on Who’s Behind Lucas V. Praag’s Tweets

editor|Mar 8, 2010| 

FBN’s Charlie Gasparino reports that after months of a massive wave of negative publicity, Wall Street’s most profitable firm Goldman Sachs (GS) is... Read »

Government Can and Should Create Jobs

Mark Thoma|Mar 8, 2010| 1

In a town in a country suffering through a recession, a wealthy person just happens to live next door to an unemployed worker. The worker has experience in a variety... Read »

Germany Considers the Creation of a European Monetary Fund, IMF Model

Ron Haruni|Mar 7, 2010| 

German Finance Minister Wolfgang Schaeuble told the weekly Welt am Sonntag that given the acute financial problems facing Greece ; the Eurozone should give proper... Read »