The billionaire head of the Galleon hedge fund was found guilty of 14 counts of securities fraud and conspiracy, but he's not just an isolated "bad apple."
Ismael Hossein-zadeh, William Astore, Counterpunch and Tomdispatch.com. September 2, 2010.
Two articles consider what the real economic patterns we face are, and whether the big process we're undergoing is basically just a massive transfer of wealth.
The government’s $182 billion bailout of insurance giant AIG should be seen as the Rosetta Stone for understanding the financial crisis and its costly aftermath.
If the Senate Democratic Leadership can resist the snake oil of a bipartisan deal, the bill will probably get stronger as it works its way through Congress.
Zach Carter, Simon Johnson, AlterNet. April 17, 2010.
The progressive economist talks about the fight to reform Wall Street, what Robert Rubin should do with his money, and why Jamie Dimon is the most dangerous man in America.