The Obama administration on Thursday unveiled a sweeping overhaul of the financial system designed to impose greater regulation on major players like hedge funds. ...more

March 26, 2009

"It's hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay," President Obama said ...more

March 16, 2009

Rep. Barney Frank charged Monday that a decision by financially strapped insurance giant AIG to pay millions in executive bonuses amounts to "rewarding incompetence." ...more

March 16, 2009

Re: "Few Would Have Believed Roof Could Fall In" (Our Opinion, Nov. 1): Congratulations on at least having made the attempt to warn people not to extend themselves too much in the real estate bubble. Having lived through similar bubbles long ago, I saw this coming early, but felt like a Cassandra when nobody would listen. ...more

November 20, 2008

Bubble Popped Too Soon Regarding "Blame Cindy Crawford For Recession" (Other Views, Oct 8): ...more

October 12, 2008

To see the mental state of financial markets at the moment you need only to sit at a computer with an Internet connection and watch investors respond to journalism. ...more

September 12, 2008

Morgan Stanley, Merrill Lynch & Co. and Lehman Bros. Holdings Inc. plummeted in New York trading after Standard & Poor's lowered credit ratings for the investment banks, saying they may have to book more write-downs on devalued assets. ...more

June 3, 2008