LIBOR Scandal, Bad Law, and Bad Law Enforcement
Stephen Bainbridge argues that corporate governance regulation in the wake of scandals and bubbles is almost uniformly bad.
Stephen Bainbridge argues that corporate governance regulation in the wake of scandals and bubbles is almost uniformly bad.
Four years after the financial crisis tanked the global economy, bankers still put their interests above those of their customers, even to the extent of skirting the law.
More evidence of the extent to which Members of Congress have profited from the inside information they receive.
Another sign this morning that the economic has been slowing, and may be contracting.
A spate of bad economic news foretells a shift in the campaign for President.
The official portrait of George W. Bush, the 43rd president, was unveiled at the White House yesterday. The ceremony was a rare display of political humor and grace.
The City of Detroit appears ready to abandon vast sections of itself to the metaphorical jungle.
The jobs picture–and thus the overall economic forecast–becomes much gloomier with the release of the March Labor report.
One Goldman Sachs employee decided to quit his job in a very public manner.
Prices are rising at the pump, and the candidates for President are starting to notice.
Pepsi’s profits and revenues are up. Naturally, it’s time to fire 3 percent of its global workforce.
If Romney loses in November, it could be the start of a bitter fight insider the Republican Party.
Another weak GDP report that portends stagnation ahead.
Is George Bush to blame for a weak Republican field almost four years after he left office? Not entirely.
The GOP is at a distinct disadvantage in the political fight over President Obama’s Recess Appointment of Richard Cordray to head the CFPB.
The Republican candidates for President have apparently forgotten that this guy was their party’s nominee twice.
A new Gallup poll indicates that it is Big Government, not Big Business, that most concerns the American public.
GOP officials are reluctant to resurrect the personal attacks against the President used during the 2008 campaign.
Guess who got advance warning of government actions on the eve of the 2008 financial crisis?
Expect plenty of GOP infighting if President Obama is re-elected next November.
Can we credibly blame the CRA, Fannie Mae/Freddie Mac, and the like for the mortgage crisis?
Last night, most of the leading Republican candidates for President acted as if Europe was on another planet.
So, was the financial crisis a result of too much meritocracy?
Another month, another jobs report that makes you go “meh.”
Did Congress cause the mortgage crisis by mandating loans to poor people? No.
Occupy Wall Street is not motivated by envy of the rich or even animus towards banks.
Herman Cain’s foreign policy consists of little more than deliberate ignorance.
What’s the logic behind Iran’s alleged plot to commit terrorist attacks inside the United States?
The prospects for real economic recovery are not good.
With the advantage of hindsight, it’s clear that more creative strategies were needed. But they probably couldn’t have been passed.
It’s time to start being concerned about Europe.
In an interview, President Obama says that Americans are worse off than they were four years ago.
A meme is emerging that the Occupy Wall Street protests are America’s version of the Arab Awakening. That meme must die.
College students finally seem to be listening to the market.