Latest news (Page 171)
The SEC and Paulson in 2004
In today's New York Times, an interesting piece about a deal struck between the SEC and five investment
Banks Rob People (Jim Crotty)
This is from Jim Crotty of the UMass-Amherst econ department and the Center for Popular Economics (who has written for
Where will the $700 billion buck stop?
In another reliably sensible column, Dean Baker asks Washington power brokers if they are willing to resign if they'
Mark to Market Explained
"Mark to market" is one of those confusing terms that's been thrown around discussions of the
Bernie Sanders on the Senate Bill
Bernie Sanders, the Socialist senator from Vermont, joined 24 others in voting against the bailout bill Wednesday night. He had
Wall St. Should Pay for any Bailout
We received this assessment of the crisis from Ian Fletcher, an economist in private practice in San Francisco. You can
More Defense of the CRA
The right-wing chorus continues to try to pin the current financial meltdown on the Community Reinvestment Act (CRA). In case
Postmortem on the "End of the World"
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
Auto Industry Hit Hard
The NYTimes reports today that the crisis in the credit market is hitting the auto industry particularly hard. The virtual
Gender, Race, and the Bailout (Cali NOW)
From the blog of California NOW: As we all know, the $700 billion bailout plan failed in the House of
Why One Congressman Voted Against the Bailout
Rep. Maurice Hinchey (D-NY) made several important points in his explanation of why he voted "no" on the
The Community Reinvestment Act Didn't Do It
Heard the latest joke about the current financial crisis? The Democrats did it. Actually, that's not a joke,