Bailout

The latest car sales numbers just came in, and they truly are bad enough to make a grown man cry. GM and Ford sales fell by half in February. At...

I felt like I was watching a bad horror movie this morning as Fed Chairman Ben Bernanke testified before Congress. Bernanke said the government...

There's an ugly, human thread that runs through all of the collapses and fraud on Wall Street. Two items I read this morning point it out clearly....

Q: What happens to money when you throw it into a fire? A: The same thing that happens when you give it to AIG. Today's 4th bailout of the...

At this economic bloggers conference I'm attending, we had a discussion last night about how no one in charge will say the word "nationalization." ...

I read some interesting stuff on my flight to Kansas City, which I'll get to in a moment. But first, my flight. I don't fly Southwest often, but...

Now that Northern Bank's been busted for hosting a golf tournament, the other bank lemmings are lining up to do their part. Today, Morgan Stanley...

I just read a very compelling interview with respected Harvard historian Niall Ferguson. Here's the interview by the Toronto Globe and Mail, and...

There's a lot of wheel-spinning when it comes to restructured loans. A bank regulator testified to Congress today that more than half of modified...

As we watch the stock market sink to 1997 levels, this article in Wired Magazine should send chills down your spine. It says a formula created by...