Fed made $9 trillion in emergency overnight loans

http://money.cnn.com/2010/12/01/news/economy/fed_reserve_data_release/index.htm?section=money_topstories

Too Big to Succeed

Despite financial reform legislation, the biggest banks still pose a threat to the American economy

 

Still the Best Congress Money Can Buy

Two years after the economic meltdown, most Americans now recognize a caste system where everyone remains (at best) mired in economic stasis except the very wealthiest sliver.

November 27, 2010

 

The Power of Failure

Wall Street made lots of mistakes that contributed to in the latest financial crisis. Will any lessons be learned?

November 26, 2010

There Will Be Blood

A Hedge Fund Republic?

Do we want to become a country mostly owned by the richest 1 percent? Oops! We already are.
November 18, 2010

 

Get It Right

Americans understand that we need nation-building at home, and we need it now.

November 27, 2010

The Unemployed Held Hostage, Again

President Obama should excoriate phony deficit hawks who say that jobless benefits are too costly, even as they pass expensive tax cuts for the rich.

 

Winning the Class War

Wall Street may be smiling, but extreme inequality is a recipe for social instability.

November 26, 2010