The Trillion-Dollar Shadow

What secrets are hidden in the Federal Reserve’s trillion-dollar shadow? Economic recovery depends on confidence, and confidence requires knowledge. But Senators like Chris Dodd and Judd Gregg don’t want us […]
Richard Eskow

What Would You Ask Tim Geithner If You Had the Chance?

Treasury Secretary Tim Geithner delivered a populist stemwinder of a speech the other day, bringing his rhetorical A-game with comments like these: “Listen less to those whose judgments brought us […]
Richard Eskow

Rep. Grayson Demands Release of AIG Materials

Rep. Alan Grayson has written a letter calling for the release of all documents and materials contained on AIG’s internal servers. His idea deserves support. US taxpayers rescued AIG and […]
Richard Eskow

Demand an “Up-or-Down Vote” On Real Financial Reform

After more than a year of closed-door negotiations, the President and other Democrats have finally appropriated a Republican phrase by calling for “an up or down vote” on the resulting […]
Richard Eskow

Bernanke Pulls a Kanye On CFPA, Then Gets Sideswiped

Almost everyone knows that to “pull a Kanye” means to steal the limelight when it rightfully belongs elsewhere. With Sen. Dodd’s suggestion that the Consumer Financial Protection Agency be housed […]
Richard Eskow

Financial Reform: Reconciliation or Ritual?

The pheremonic scent of compromise is inducing euphoria in the nation’s capitol once again. Not that there’s anything wrong with compromise, if it results in policies that work. But we’ve […]
Richard Eskow

Five Former Treasury Secretaries Endorse Volcker Rule

Since the nation’s capital is enamored of bipartisanship in all its forms, it’s surprising that today’s letter from five former Treasury Secretaries – both Democratic and Republican – isn’t front […]
Richard Eskow

Greeks, Beware of Goldman Bearing Gifts

Like an cat burglar, Goldman Sachs leaves its fingerprints in the most unusual places. The news of Goldman’s role in the Greek financial crisis isn’t just a black eye for […]
Richard Eskow

Palin Trumps Obama – On a Trojan Horse Filled With Bankers

Never underestimate Sarah Palin. She did a better job articulating anti-banker sentiment at last week’s Tea Party Convention than Obama’s done. Its followers don’t realize it, but the Tea Party […]
Richard Eskow
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