| Sep 13, 2023 | Economy / Business|HP Subfeatured|Rights / DemocracyIt’s been 15 years since the collapse of Lehman Brothers. The investment firm’s startling downfall marked the beginning of a historic Wall Street crash that swiftly wiped out over $7 trillion in home equity and $2.8 trillion in retirement portfolios. Wall Street...
| Mar 22, 2017 | Economy / BusinessAre you or a loved one having trouble staying afloat? You’re truly not alone. While the media reports low unemployment and a rising stock market, the reality is that almost 20 percent of the country lives in “Underwater Nation,” with zero or even...
| Apr 27, 2016 | Economy / BusinessWow, $5 billion. That’s the stunning amount Goldman Sachs has agreed to pay to settle federal criminal charges over its shameful financial scams, which helped wreck America’s economy in 2008. That’s a lot of gold, even for Goldman. Yet the Wall...
| Dec 30, 2014 | Rights / DemocracyCongress, which had been so tied up in a partisan knot by right-wing extremists that it became unable to move, suddenly sprang loose at the end of the year. Before heading home for the holidays, it put on a phenomenal show of acrobatic lawmaking. In one big,...
| Jun 25, 2012 | Economy / BusinessI spent 22 years in the financial services business. Beginning in the 1980s, I worked at exchanges where we traded everything from futures on soybeans to shares of stock to options on interest rates. During these boom years for the U.S. and global financial markets,...