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 ...

Perhaps signaling media impatience with the Obama administration's economic policy, Tuesday's "Good Morning America" featured a challenging look at the performance of Treasury Secretary Tim Geithner, who the show had previously described as "wonky." Reporter Jake Tapper observed ...

Obama Ponders Outreach to Elements of the Taliban - New York Times (3/8/09): Mr. Obama rode to the White House partly on his savvy use of new technology, and he has a staff-written blog on his presidential Web site. Even so, he said he did not find blogs to be reliable, citing the economy as one exa...

Given the complete collapse in the Stock Market - and Wall Street’s obvious vote of ‘no confidence’ in the new administration, it’s funny to read the plan that Barack Obama laid out for himself just two months ago: …but the markets are obviously a slightly different sit...

Dr. Krugman: [A]mong people I talk to there’s a growing sense of frustration, even panic, over Mr. Obama’s failure to match his words with deeds. The reality is that when it comes to dealing with the banks, the Obama administration is dithering. Policy is stuck in a holding pattern. [...] ...off...

Think of this as Volume 12, Number 10 of A-Clue.com, the online newsletter I've written since 1997. Enjoy. A quiet economic war is now being fought and the future of Europe hangs in the balance. As with much of the Cold War this struggle is mostly happening in secret. Unlike the Cold War (until, as ...

I wrote a post yesterday asking where our Treasury Secretary was at a time when it seems that our economy, the world economy's and financial markets are spiraling out of control (Has Anyone Seen Our Treasury Secretary?) Remarkably I was accused by a reader in a comment of being a radical right wing ...

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...

Citigroup is in talks with the US Treasury about increasing government ownership of the troubled banking conglomerate....

this is critical to a fuller understanding of just exactly what the hell is going on with these so-called "bailouts"... courtesy of information clearing house... High Noon: Geithner v. The American Oligarchs Bill Moyers interviews former chief economist of the International Monetary Fund (IMF), MIT ...