| 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,...
| | Economy / BusinessThe stock market keeps going up and down like a yo-yo. I thought you’d like to know why. It’s Greece. Oh, not totally — there are other miscreants involved — but pretty much everyone agrees the Greeks are the first and foremost cause. This is...
| | Economy / BusinessBig banks are A special breed, Raised and trained To honor greed. This corrupt banking system of ours is a wonder. Sure, it’s important to have a safe place to squirrel away money, get a loan or credit card, and earn a little interest. In the old days, we even...
| | Cartoon|Economy / Business
| Jun 18, 2012 | Economy / BusinessWith its catchy “We are the 99 Percent” slogan, the Occupy movement focused millions of Americans on our nation’s chronic inequality. As that movement regains momentum, it must pay more attention to the whole 99 percent. We certainly should worry...
| | Economy / BusinessSometimes, members of Congress follow harebrained logic. If the consequences weren’t so serious, it would be hilarious. Consider a House bill co-sponsored by Reps. Spencer Bachus (R-AL) and Carolyn McCarthy (D-NY) that would essentially let investment advisers...
