Maybe some smarty pants MBA can help me out—but preferably not one of those guys who pretends to understand those gee whiz Weapons of Financial Destruction known as derivatives. Last week that day finally arrived when you could buy a share of Citigroup at the Dollar Store. And in the pattern that ...

Filed under: Earnings reports, Conventions and conferences, Economic data, Federal Reserve After testifying before a Senate committee about AIG (NYSE: AIG) last week, the Fed's Ben Bernanke participates in a Council of Foreign Relations event Monday evening. Economic data due to be released this wee...

This is crazy! Forget the bleating of Rush Limbaugh; the problem is not with the quite reasonable and, if anything, underfunded stimulus package, which in any case will be debated long and hard in Congress....

why don't they skip the middleman and just deposit the cash directly into the bank accounts of the board members and the senior executives... this smoke and mirrors shit is enough to gag a maggot... The Treasury Department reached a deal late Thursday to take a stake of 30 to 40 percent in Citigroup...

Let’s take a moment to recall that Ben Bernanke was appointed to his current position by George W. Bush. He’s not, in other words, a left-wing ideologue hell-bent on Europeanizing the United States. Or whatever. And listen to him about the impact of the stimulus-rejecting governors: BERN...

The severe economic crisis now gripping the United States — and hence the entire world — has been labeled by the Paper of Record as the “financial equivalent of 9/11.â€� In its severity and overall impact, the comparison may hold true. But when it comes to media coverage, a far better ...

McClatchy Washington Bureau With its benchmark lending rate effectively at zero, Federal Reserve Chairman Ben Bernanke on Tuesday, in a move without modern precedent, publicly laid out an aggressive agenda for the nation's otherwise secretive central bank and suggested that he's hardly out of ammuni...

Men with unusually long ring fingers are more likely to be either a successful stock trader, or gay. So what does that tell us about the government's wise men patching up the economy? A background on the science: Men typically have longer ring fingers than index fingers, while women's fingers are ev...

Image via Wikipedia AlterNet "If we don't act swiftly and boldly," declared President-elect Barack Obama in his latest weekly address, "we could see a much deeper economic downturn that could lead to double-digit unemployment." If you ask me, he was understating the case. The fact is that recent eco...

White House Chief of Staff Joshua B. Bolten and national security adviser Stephen J. Hadley remember conferring with President Bush during the darkest days of the Iraq war, in 2005 and 2006, when violence was out of control. In daily 7 a.m. meetings in the Oval Office, Bush reviewed "blue sheets"......