The SEC has charged a former manager at a hedge fund and a salesman for Deutsche Bank with insider trading on credit default swaps. It's the first…
The Fed Chairman sounded downright cheery about the economy today, compared to his recent assessments. Mr. Bernanke told Congress he's hoping for…
I was just thinking what the economy really needs is a little creative spark. More original thinking. Maybe even some crazy ideas. There's too…
How's this for recession art? An out-of-work artist based in Toronto took his last $208 in cash and sewed it together to make a blanket….
A county in China's Hubei province came up with an ingenious plan for mitigating the tax drain of cigarette smuggling and counterfeiting. It told…
Good morning! Back from vacation. Thanks to Paddy Hirsch for a great job filling in on the blog. I see the banks are supposed to get their…
I'm heading off on vacation for the next few days. And yes, I will be flying. The travel industry is clearly worried about swine flu. I guess I…
The Supreme Court heard arguments today in a case that could change the way banks are regulated. Or rather, who regulates them as it pertains to…
It comes from the Onion News Network. Who else? Their latest spoof has the Treasury Department issuing an emergency recall of US dollars in…
Just read a compelling interview with Naomi Klein, author of Shock Doctrine. For a liberal who I'm sure didn't participate in the tea party…
