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Over the past year, the federal government has poured money into the economy hundreds of billions of dollars at a time. It has also guaranteed investments, loans and deposits worth about $8 trillion. Barry Ritholtz, the author of "Bailout Nation," points out that this project constitutes the largest infusion in American history. ...more
December 1, 2008
World powers meeting at a United Nations climate change conference in Indonesia this week will be unable to craft a meaningful plan on global warming without cooperation from the United States, top greenhouse gas emitter, the U.N. climate chief said Sunday. ...more
December 3, 2007
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