Financial Folly
More from Commentary
-
Why Europe is Taking on the World’s Biggest Banks
Two European Commission probes into whether large financial firms illegally control the market for credit default swaps could drastically alter the derivatives business.
-
The Sokol Affair: How Warren Buffett Killed “Warren Buffett”
The conglomerate can protect Warren Buffett legally by hanging his former subordinate out to dry. But it can’t save the legendary investor’s greatest asset — his mystique.
-
How Bank of America Is Trying to Kill Any Chance of a Foreclosure Settlement
The nation’s largest mortgage lender says solving the foreclosure crisis is its “top priority.” So why is the company trying to pit state legal officials investigating the...
-
Grading Ben Bernanke: B for Substance, But Attitude Needs Adjustment
The Federal Reserve Chairman was adroit in answering reporters’ questions about monetary policy. But he could use a dose of humility in acknowledging the Fed’s poor record of managing...
-
5 Questions for Federal Reserve Chief Ben Bernanke
Central bankers are famously averse to plain talk, often for good reason. But with the economy still struggling, now is not the time for the Fed Chairman to engage in riddles and double-talk.
-
How Chinese Home Buyers Are Boosting Housing Prices Around the World
Flush with cash and blocked by government restrictions at home, a growing number of Chinese investors are buying property abroad. How do you say “bubble” in Mandarin?
-
Showtime: What Ben Bernanke Will Say Tomorrow
For all the attention on the Federal Reserve Chairman on Wednesday when he gives his first press briefing to discuss the central bank’s latest economic forecast, expect him to stick to the...
-
Two Cheers for Ben Bernanke and QE2 — but None for Congress
The Federal Reserve chairman is certain to get stuck over QE2 failing to revive the economy. Get over it — that’s Congress’ job.
-
Crazy Talk: If You Want to Slow the Economy, Cut Taxes
Rep. Paul Ryan is the latest in a long line of fiscal fantasists who argue that slashing taxes is the best way to boost a fragile economy. History suggests otherwise.
-
Big Bucks and Hired Guns: Why Financial Reform Is Stalling
Wall Street is splashing the cash in its campaign to weaken Dodd-Frank. And it’s winning.
Facebook Activity
Today on MoneyWatch
Stock Market Plunge: Don't Panic
More on Moneywatch
Hot Discussions
The best of BNET, delivered
BNET Newsletters
Get the best of BNET delivered straight to your inbox