Your "free" market at work for you: Merrill Lynch traders lost hundreds and hundreds of millions of profits on trades at extraordinary risk. Merrill hid word of those trades from its new parent company, Bank of America, and then paid $3.6 billion in bonuses based on performance as of December 8, 200...

A former Wall Street Journal writer explains how business reporters failed to report the run-up to the crisis, thus sacrificing any chance of us ultimately finding out exactly how the finance industry screwed us over. It's like a scene out of Fun with Dick and Jane : Contrast [the Security & Exc...

In regards to my recent post “ 7 Years Of Wealth Wiped Out ,� reader VR had this comment: It’s almost funny when I try to talk people out of buy-and-hold strategy and point them to your blog for market-timing. Everyone is afraid of missing out on a big rally. They don't really mind losing more...

Senator Bob Corker's favorite automaker, Volkswagen, is getting a slice of the positive press in today's Tennessean that it has been enjoying in the Chattanooga Times Free Press for months. Supporters of non-union automaking shops argue that their favorite manufacturers make a product substantially ...

Sympathy for the duress that Harriman, TN residents are under with the TVA ash spill is called for, but red state denial is too ugly to let pass without comment. It seems that this fellow is misplacing his anger at the industrial northeast: This wasn't what Thomas had in mind when he bought his reti...

It was not too long ago that I bitched about the mainstream media's tendency to assume a false dichotomy between liberalism (which gets automatically conflated with "ideological") and pragmatism (with which conservatism often enjoys the benefit of the doubt in press writing). The emerging crisis of ...

AIG has one of the largest airplane fleets among all the government bailed-out corporations: 7 planes a-pimping....

I'm not a big iced coffee drinker, but doesn't an independent coffee owner go a bit overboard by threatening to punch a iced-coffee drinking customer "in the dick," especially given the damage that could be done?...

I've been following this story since it broke on the Consumerist blog yesterday after a mother wrote the blogger to charge that the Rocky Mountain Chocolate Factory rebuffed her pleas for a bathroom while her daughter was cramping up from diarrhea and crying. It hit an Orange County Paper today, wit...

HRWorld has the 15 most legendary retirement bonuses and cashouts that corporate America can pimp. Nashville's AT&T is atop the obscene pile on....