Economic Policy

Geithner Must Go–and the Future of the Fed Geithner Must Go–and the Future of the Fed

The first casualty of the president's political debacle will likely be Timothy Geithner, the severely over-confident treasury secretary well-known as a lapdog of Wall Street.

Jan 24, 2010 / Editorial / William Greider

Financial Crisis Inquiry Commission Turns Up the Heat Financial Crisis Inquiry Commission Turns Up the Heat

On the FCIC's second day of hearings, witnesses examined how Wall Street incentivized and why the Federal Reserve didn't stop subprime lending.

Jan 15, 2010 / Feature / Greg Kaufmann

Too Big to Fail, Not Too Big for Jail Too Big to Fail, Not Too Big for Jail

The federal inquiry hearings inevitably leads to the question: why aren't any these big players already in jail? And no, Bernie Madoff doesn't count.

Jan 14, 2010 / Feature / Mary Bottari

Financial Crisis Inquiry Kicks Off Financial Crisis Inquiry Kicks Off

Day 1 of the Financial Crisis Inquiry Commission didn't find any good answers to the causes of the financial crisis--but don't give up on the commission yet.

Jan 14, 2010 / Greg Kaufmann

Government Regulation’s Value Government Regulation’s Value

Katrina vanden Heuvel wonders if we can radically rethink our economic system.

Jan 13, 2010 / Video / GRITtv

Bank CEOs Dodge Responsibility at FCIC Hearings Bank CEOs Dodge Responsibility at FCIC Hearings

The Financial Crisis Inquiry Commission sent a strong message by putting Wall Street titans under oath, but answers about the financial crisis proved evasive.

Jan 13, 2010 / Mary Bottari

Balancing U.S. Deficit: All Crazy Talk Balancing U.S. Deficit: All Crazy Talk

Chris Hayes argues that the US budget deficit can be resolved--even in the short term.

Jan 13, 2010 / Video / MSNBC

Taxpayers Lose in Citi’s Payback Plan Taxpayers Lose in Citi’s Payback Plan

Taxpayers are getting a raw deal in Citigroup's plan to repay its bailout funds. But you would never know it from reading the news.

Dec 21, 2009 / Feature / Zach Carter

Kaptur Takes on Foreclosures Kaptur Takes on Foreclosures

Representative Marcy Kaptur, a longstanding advocate for foreclosure relief, talks to The Nation about prospects for sweeping financial reform.

Nov 24, 2009 / Feature / Greg Kaufmann

Shareholders Alone Can’t Correct ‘Too Big to Fail’ Shareholders Alone Can’t Correct ‘Too Big to Fail’

At major US banks, shareholders actually want their executives to be rewarded for taking on excessive risk.

Nov 23, 2009 / Feature / Zach Carter

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