Feb 15 Is the Problem the Size of Banks or Their Interconnection? Question: Is the problem the size of individual banks or their interconnection? One problem that was mentioned during the bailout was that if one bank went down, it would take the rest with it. So if the banks were smaller,… Continue reading
Feb 12 Watch Is Taxpayer Money Behind Profits at Goldman Sachs? How Goldman Sachs Turned Tax Money Into Profits… Continue watching
Feb 12 A Follow-up on Front-Running Paul Solman: In the wake of considerable reaction to last night’s Goldman piece in what my mother derisively called “cyberspace,” a brief anecdote, before all is forgotten in the wake of tonight’s Goldman II. Forgive me if I’ve mentioned… Continue reading
Feb 12 Is There a Better Term for Moral Hazard? Question: Paul, Thank you for your excellent explanation of moral hazard. I checked many other sources before I found your website and only found confusing definitions. The main problem is that the phrase “moral hazard” does not seem well… Continue reading
Feb 12 Haiti's Farms Sow Hope for Rebuilding A new push to improve Haiti's struggling agricultural sector could provide jobs for many people displaced after January's earthquake. But the nation's farmland is limited in supply and often degraded of nutrients. Continue reading
Feb 11 Watch Unraveling the Profit Puzzle at Goldman Sachs Making Sen$e: Inside Goldman Sachs, Record Profits… Continue watching
Feb 11 Where Does Goldman Sachs Fit in the Greek Debt Crisis? Question: An article in a recent edition of the NYT mentioned that Goldman Sachs had contracts with AIG in 2009 to insure its bearish position in the… Continue reading
Feb 11 New Jobless Claims Fall as White House Predicts Future Job Growth The number of U.S. workers filing an initial claim for jobless benefits dropped last week. According to data released Thursday by the Department of Labor, initial claims for unemployment benefits fell by 43,000 to 440,000 for the week ending… Continue reading
Feb 11 Watch White House Touts New Signs of Job Growth The White House Thursday released its annual report on the economy, predicting an average of 95,000 jobs will be created each month this year. A top White House economic adviser discusses the findings. Continue watching
Feb 11 Watch News Wrap: Bill Clinton Treated for Chest Pains In other news Thursday, former president Bill Clinton underwent surgery for chest pains, and European leaders promised "determined and coordinated action" to support Greece as it battles a debt crisis. Continue watching