crisis

Janet Tavakoli was a recent guest on “On the Edge with Max Keiser” and had some troubling things to say about the state of the present U.S. financial system.  She believes the liquidity pumped into the system will not be sufficient…

Last week I was at the Clinton Global Initiative Annual Meeting to listen to their ideas on how to solve some of the world’s most pressing problems like poverty and education. I may have more to say about this topic in a later post, but I…

Bloomberg News editor-in-chief Matt Winkler wrote an Op-Ed in the Wall Street Journal yesterday explaining why he is after the Federal Reserve to come clean about it’s secret lending program during the height of the financial crisis.…

Marshall Auerback here. I have been posting at an interesting new site called New Deal 2.0. You may have seen Edward linking out to articles on the site. Edward saw an article I wrote there recently and asked me to post it here as well…

Everyone is running with his or her own “Lessons from Lehman” post as if we have actually learned anything from the financial crisis – and as if it is already over and behind us. Well, I have some lessons learned for you via Dharma Joint…

Say I'm a politician and I am concerned about my re-election prospects in 2010.  I have been a member of Congress for seven years now and have developed a good reputation as a reform-minded economic realist willing to listen to a…

Ron Paul was on CNN this morning talking about unemployment, the credit crisis, the Federal Reserve and a lot more.

Bloomberg News is writing a very worthy series of retrospective articles on the financial panic of September 2008.  I profiled the first one on Monday.  The next in the series came out yesterday and it makes for riveting and…

I just received notice that the FDIC Board has approved the phase out of the Temporary Liquidity Guarantee Program (TLGP) in a first clear sign that the U.S. Federal Government has started policy normalisation. The FDIC Board today adopted…

In a BBC Two interview, former Fed chief Alan Greenspan waxed fatalistic, saying that another financial crisis is inevitable due to animal spirits.  In his view, booms and busts are endogenous to the capitalist system, crises being the…