James S. Henry : White-Collar Crime
Just as the US faces a $500 billion deficit, we learn that for decades, the world's largest banks, hedge funds and accounting firms have been helping wealthy Americans steal billions in unpaid taxes. What are we going to do about it?
Robert Scheer : Presidential Election 2008
Our current financial disaster is the real legacy of the Reagan Revolution. So why don't we let the deregulated banking industry sink or swim?
Nicholas von Hoffman : Economic Policy
America is shaken by images of panicked customers lined up to withdraw money from the failed IndyMac Bank.
The Editors : White-Collar Crime
Congress bails out the banks, but needs to do far more for homeowners devastated by the subprime crisis.
Nicholas von Hoffman
The Fed Chief believes if he pumps enough money into the economy, he can stop the slide of house prices and thus stave off financial disaster. How's he doing? So far, not so good.
Robin Blackburn : Economic Policy
Let's reinvent progressive economic policy, starting with our own sovereign wealth fund to deal with urgent social needs.
The Editors : Economic Policy
The power of Wall Street money and ideas must give way to a new public agenda to restore the real economy.
Nicholas von Hoffman : Presidential Election 2008
As the federal bailout of the banking industry continues, is it too much to ask that McCain, Clinton and Obama abandon their blue-sky promises and address reality?
Max Fraser : Barack Obama
He should stiffen his meager bailout plan and call for a moratorium on foreclosures and serious government intervention.
Robert Scheer : Dennis Kucinich
Now that Dennis Kucinich is out of the presidential debates, don't expect Clinton or Obama to hold unregulated bankers accountable for the global economic meltdown.
Laura K. Abel : Housing Activism
Civil legal aid attorneys could have sounded the alarm years before the subprime scandal began destroying the lives of urban poor--but Congress wouldn't let them.
Steve Fraser : U.S. Economy
Two new books profile the generation of counterfeiters and con men who sprouted up in Jacksonian-era America.
Keep people in their homes and start re-regulating the banking industry to end the conflicts of interest that fueled the debacle.
Nicholas von Hoffman : U.S. Economy
As the US economy sickens, foreign governments are on a shopping spree, scooping up bargains paid for by sovereign wealth funds.
Homeowners in gated communities now facing foreclosure are learning there's no fence high enough to keep out the repo man.
As megabanks seek a subprime bailout, take a lesson from Mexico. Taxpayers of the world, hold on to your wallets.
One way or another, banks will get taxpayer help to undo the subprime mess, but it won't be cheap. And the rest of us can bank on getting robbed in the process.
As Congress grapples with the wave of foreclosures and bankruptcies resulting from the subprime mess, why are some Dems siding with the banks?
To solve the subprime mortgage crisis, start with aid for vulnerable homeowners, smarter economic policies and a more competent Federal Reserve Board.
The rickety financial skyscaper known as the subprime mortgage business is ready to tumble--and the rest of us may be buried in the rubble.
With Democrats in control of Congress, prospects for regulating subprime lenders have improved. But don't hold your breath.
Nicholas von Hoffman : Economic Policy
Banks no longer lend money to people able to pay them back. Now they trap the poor, the sick, students and elderly people into signing up for credit cards and watch the fees pile up.
Nicholas von Hoffman : Housing Activism
As the housing market flattens, the poor pay the price for the greed and stupidity of real estate and banking bigwigs.
Alexander Cockburn : World Economy
As we head into Summer 2006, the world capitalist system is out of control.
Nicholas von Hoffman : Higher Education
As Congress jacks up the rates students and their parents are paying for college loans, the consequences are already being felt by young people whose ability to have a child or own a house is limited by debt.
Mark Winston Griffith : Ethical Economics
New federal guidelines for banks and credit card companies that boost minimum monthly payments have wreaked havoc on American families struggling to pay their bills and avoid bankruptcy.
Nicholas von Hoffman : U.S. Economy
We're on our way to being a society of economic zombies, half dead and half alive, buried in debt but prevented by credit card companies from declaring bankruptcy.
Nicholas von Hoffman : U.S. Economy
Stocks crash and housing prices tend to go down with a whisper. But a disturbing number of signs now point to a sudden burst of the real estate bubble.
Sounds like an episode of The Simpsons, but this is for real: The retail giant wants even more of your money.
William Greider : Corporate Responsibility & Accountability
Where is the public's outrage over corruption in US
finance and banking?
The Bush Administration has blocked efforts to rein in offshore banking of the sort that allows people like Osama bin Laden to hide their assets.
The Bush Administration is blocking efforts to rein in offshore banking.
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