Since being sentenced in 2009 to 150 years in prison, we haven’t heard all that much from Bernard Madoff, the man behind the biggest Ponzi scheme in history. Recently, a couple of Financial Times staffers, David Gelles and Gillian Tett, went down to visit him in prison. They spoke with Madoff for two hours — [...]
Chair of the bipartisan Financial Crisis Inquiry Commission discusses the panel’s report and the role that unregulated greed played in the economic crisis.
Special Advisor on the Consumer Financial Protection Bureau identifies the agency’s to-do list before it goes online and its mandate once it receives statutory powers.
Washington Post economic reporter weighs in on the administration’s stimulus plan—one year later.
Before you drop a lot of cash on your mother this weekend, keep a few things in mind. First, Mother’s Day began as an anti-war protest and was not intended to be the commercial holiday that it’s become. Second, flower retailers are gearing up for you to send humongous bouquets to the mothers in your [...]
As we mentioned last week, you can track the progress of the American Recovery and Reinvestment Act at Recovery.gov. The site launched Tuesday after President Obama signed the so-called stimulus bill into law.
The following video could be mistaken for an SNL skit. During Wednesday’s House Financial Services Committee‘s hearing on TARP accountability, Congresswoman Maxine Waters referred to the eight bank CEOs as “captains of the Universe.” There was some confusion during her grilling of the bank chiefs and a call for the California congresswoman to calm down. [...]
There was Change.gov. Then there was the revamped WhiteHouse.gov, which looked an awful lot like Change.gov. And did you know there was a USA.gov? Well, there’s another “dot gov.” The Obama administration created Recovery.gov so that Americans can keep track of the stimulus bill (a.k.a. the American Recovery and Reinvestment Act) and “see how and [...]