Tuesday’s hearing on Lehman Brothers’ now infamous Repo 105 scam was only tangentially related to the megabank’s accounting deceptions and subsequent collapse. That story is simple: Lehman almost certainly committed […]

We are a fickle people, ruled by a fickle media. It’s astonishing how much national opinion can change in just a week or two. And if you don’t believe me, […]

11:05 Rep. Anna Eshoo is laying out the case against Lehman. The company engineered a host of sham transactions to temporarily reduce the company’s massive leverage levels. Top-level management knew […]

The Hill published a truly outrageous op-ed yesterday by a payday lending front group, and didn’t bother to tell their readers their publication was providing a platform for a predatory […]

Next week, fiscal conservatives in both parties will be dominating the airwaves even more than they have been with their calls for a style of “fiscal discipline” that is designed […]

The conventional wisdom is that President Obama’s nominee to replace retiring Justice John Paul Stevens won’t change the Supreme Court much, since Justice Stevens is part of the Court’s progressive […]