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A Rich University's Mad Dash to Get Richer

Investing recklessness at Harvard is making 'the best and the brightest' look awfully silly — almost as silly as a nation that lets staggering quantities of wealth continue to concentrate. Wild chases after vast riches, last fall’s global meltdown reminded...

Failure is Their Only Option

Steve Benen asks a question about the Republican health care reform plan — or lack thereof — that I'm certain I've seen answered already. The House Republican leadership "guaranteed" that they would offer an alternative health care reform bill....

From Crash to Meltdown in 80 Years

It's was 80 years ago this week that the Crash of 1929 kicked off the Great Depression. Not quite 79 years later, the fall of Lehman Brothers on September 15, 2008, sent the stock market into a meltdown precipitated by the crises of such Wall Street Giants as Bear...

Wall Street Pukes On Our Shoes

At the New Economy Conference, Leo Gerard of the United Steelworkers just said that deregulating Wall Street was like leaving a 3 year old in a candy store unsupervised for a day. When you come back the kid is stuffed full of candy, candy falling out of the pockets --...

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