For a speech by a Federal Reserve Chairman, Ben Bernanke's remarks on "global rebalancing" certainly weren't designed to fly under the radar. "The Fed chairman's message, though scholarly in tone, was unusually blunt," wrote the Wall Street Journal,…

"We titled the book 'All the Devils are Here'," said Joe Nocera's co-author, Bethany McLean, "because in the wake of the crisis there has been this search for a simplistic answer. Ah! Fannie and Freddie, they must be the…

Nov 18

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Joe Nocera's Hall of Shame

"We titled the book 'All the Devils are Here'," said Joe Nocera's co-author, Bethany McLean, "because in the wake of the crisis there has been this search for a simplistic answer. Ah! Fannie and Freddie, they must be the…

Nov 18

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Over a year ago, General Motors told investors its stock was worthless and to stop trading it. To say the company has experienced a turnaround is a bit of an understatement. After a month of speculation and a last-minute…

Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Wednesday's query: Name: Rich Tuloch Question: I learned long, long ago in school that…

Nov 10

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Name: Rich Tuloch Question: I learned long, long ago in school that military spending is a form of economic stimulus. If I am correct, the past administration (President Bush & co.) spent a great deal more money as stimulus than…