Rolfe Winkler is at the Buttonwood Conference in NYC.
This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday, adding that global stimulus hasn't come down to Main Street.
Seriously? This kid's greatest accomplishment to date was creating a Clinton supporter website at NYU. Please wake me up from this bad dream...
Court documents in the Bank of America case alleging the institution withheld information from the government about bonuses awarded to executives at Merrill Lynch before they took them over, state in fact that Federal Reserve Chairman Ben Bernanke an
The U.S. Treasury Department is the central headquarters of Wall Street, and Timmy Geithner is its demigod.
Bloomberg News has posted a report which outlines just how corrupted by Wall Street that Obama's Treasury Department has become, populated with people on the taxpayer payroll serving as Geithner's closest "counselors," none of whom were subjected to
Everyone knows that the lobbyists for the financial giants are trying to kill any tough new regulations. But they are also trying to weaken existing regulations.
According to Bloomberg, the original draft of Barney Frank's derivatives legislation:
Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure
Grand theft America.
This Thursday, in a move that would make Baron von Louis Rothschild blush with shame (or burst with pride), Goldman Sachs will announce that it is more than doubling its bonus pool: from 11 billion in 2007 to 23 billion in 2008.
(Boze Moy) Thousands of Russians are watching a YouTube video that accuses their government and officials of high corruption. A Russian version of a video by Hermitage Capital, the London-based hedge fund claiming to be victim of a $230 million sca
The big question mark at the end of August is when the U.S. International Reserve Position increased by almost 50%. The reason for this: a near quintupling of S.D.R. holdings on the U.S. balance sheet in the span of one week - from August 21 to Augus
With the unraveling of the deal for the shadowy American Private Police Force to take over and populate an empty jail in Hardin, Montana, it's pretty clear that the small city got played by an ex-con and his (supposed) private security firm
If George Soros isn’t the world’s preeminent “malignant messianic narcissist,” he’ll do until the real thing comes along. Move over, Hitler, Stalin, Mao, and Pol Pot. There’s a new kid on the block.
The suburban Chicago cop who was caught on video beating a 15-year-old student for refusing to tuck his shirt last May is being accused of raping a woman while holding a pillow over her face. He also killed his ex-wife’s new husband last year by s
DemocRAT Diane Feinstein, above, demonstrates holding a pencil that one of her husband's defense contracting firms charged the Pentagon $71,735.89.
In the early 1990's George Soros gave a speach before the Committee for Monetary Research and Education and was quoted by John Liscio (former Barrons reporter) as follows: "Economic history is a never-ending series of episodes based on falsehoods and
'm going to go back to this quote by Barney Frank of the US House, because it says everything those in state and local governments need to know: Barney Frank, the Massachusetts Democrat who is chairman of the House Financial Services Committee, sa
BILL MOYERS: You know from the news that early next week the Senate Finance Committee is expected to vote on its version of health care reform. And therein lies another story of money and politics.
Sigurder Einarsson, the former CEO of failed Icelandic bank, Kaupthing, is suspected of Fraud, reports The Guardian. With that, he becomes the first European bank chief to face legal retribution since the crisis begain.
New revelations about Tim Geithner’s phone records show an appallingly small Wall Street circle.
How the U.S. had an obligation to steal Iraqi oil for the good of the people.
What has been going down during this financial crisis is not capitalism. It is rule by the elites who use their power and influence within government to rub out competitors, and then use that same power to fill their coffers.
If House Speaker Nancy Pelosi's pledge to "drain the [congressional] swamp" of corruption actually had teeth, she'd have to boot more than just embattled Ways and Means Chairman Charles B. Rangel.
Problems at the Federal Housing Administration, which guarantees mortgages with low down payments, are becoming so acute that some experts warn the agency might need a federal bailout.
As President Barack Obama vowed in a Sept. 14 speech in New York’s Federal Hall to correct “reckless behavior and unchecked excess” on Wall Street, Mike McMahon and Barney Frank sat in the audience discussing how to ease proposed rules for the $592 t
President Barack Obama has "tremendous confidence" in Timothy Geithner, the US Treasury Secretary, even though he has spoken to executives from Citigroup, Goldman Sachs and other banks more than 80 times in his first seven months in office, the Presi
A review of the 2010 defense appropriations process reveals that most members of a key House of Representatives panel continue to engage in controversial relationships involving ex-staffers-turned-lobbyists, contractors, campaign cash, and earmarks —