Financial Markets


Eric Lotke's picture

Winners and Losers: Wall Street Trumps the Real Economy

By Eric Lotke
July 15, 2009

Two Washington Post stories show the triumph of the pseudo-economy over the real economy.

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Eric Lotke's picture

Madoff: Fall Guy or First of Many?

By Eric Lotke
June 29, 2009

Bernard Madoff has been sentenced to 150 years in prison for one of the biggest investment frauds in Wall Street history. But there is no closure here. We can’t let Madoff’s sentence distract us from the underlying problems. This isn’t just about Madoff. This is about the system in which Madoff’s scam took place.

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William Neil's picture

Ingredients for an Economic Katrina

By William Neil
April 23, 2008

The following pieces, a cover letter from Aug. of 2007, and the essay to which it refers, from Feb. 2007, show my basic worries - before the financial storm hit - about the soundness of our financial system. My writing was triggered by a Washington Post "all's well" economic forecast which I saw in Jan. of 2007. more »

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