by Jeffrey Hollender | May 28, 2009
Thomas Geoghegan, writing in a recent issue of Harper’s Magazine, puts forth a theory that at first glance seems almost too silly to voice, let alone take seriously. He argues that it was not derivatives, hedge funds, gambling insurance companies, or excessively...
by Jeffrey Hollender | May 26, 2009
As the financial crisis continues to unfold, headlines increasingly focus on the pain and hardship ordinary Americans are suffering. Let us not forget that the wealth accumulated by a small handful of Americans, often at the expense of others, was obscene and remains...