Throwing Good Money… Throwing Good Money…
Instead of facilitating mergers, we should be reregulating the banking industry and enforcing real transparency.
Dec 17, 2008 / Nomi Prins
‘A Giant Ponzi Scheme’ ‘A Giant Ponzi Scheme’
What separates Madoff's Ponzi scheme from the follies of the bailed-out banks, and how is Blagojevich's pay-to-play any different from standard political fundraising?
Dec 17, 2008 / Column / Alexander Cockburn
Bernard Madoff, Trust-Buster Bernard Madoff, Trust-Buster
The $50 billion fraud is bad enough. But the disgraced trader has done even more serious damage. He's destroyed trust in our financial system.
Dec 17, 2008 / Column / Nicholas von Hoffman
State Banks Could Solve Financial Crisis State Banks Could Solve Financial Crisis
Forget big bailouts. The fed should finance non-profit state banks like the Bank of North Dakota--no profit means no reason for bankers to misbehave--to get real money to real peop...
Nov 26, 2008 / Column / Nicholas von Hoffman
Return of the Wall Street Hustlers Return of the Wall Street Hustlers
Obama, who promised change, has put the same old Wall Street hustlers on his economic team. Maybe he could send us an e-mail to explain.
Nov 26, 2008 / Column / Robert Scheer
How to Save Motor City How to Save Motor City
Letting Detroit fail: catastrophic. Transforming it into a lean green machine-maker: visionary.
Nov 25, 2008 / Feature / Marissa Colón-Margolies
Time for a Bank Holiday Time for a Bank Holiday
No more free money from Washington. No more masters of the universe. No more business as usual.
Nov 19, 2008 / William Greider
Why We Shouldn’t Save GM Why We Shouldn’t Save GM
The bailout should be used to expand unemployment compensation instead of propping up a single, failing corporation.
Nov 18, 2008 / Column / Nicholas von Hoffman
Cashing Out Detroit Cashing Out Detroit
Saving jobs by giving automakers large amounts of cash is a very expensive form of trickle-down. What we need is a clear plan about how automakers will use the money.
Nov 10, 2008 / Column / Nicholas von Hoffman
GM-Chrysler: Too Dumb to Fail GM-Chrysler: Too Dumb to Fail
Doesn't anyone in Washington have the courage to pull the plug on an industry on life support?
Oct 29, 2008 / Column / Nicholas von Hoffman