The Remarkable Political Stupidity of the Street

waive bank fees

Robert Reich: Wall Street is its own worst enemy. It should have welcomed new financial regulation as a means of restoring public trust. Instead, it’s busily shredding new regulations and making the public more distrustful than ever.

Financial Regulation Kills Jobs? Perhaps Not

Marian Wang: But separate from the jobs created to actually handle new regulation, others have pointed out that regulations can have a long-term, positive effect on overall economic growth by preventing the types of crises that put an industry on life-support.

How Koch Industries Manipulates Oil Market

oil tanker

Lee Fang: Koch along with Enron pioneered a number of complex financial products to leverage its privileged position in the energy industry.