The U.S. Consumer Financial Protection Bureau (CFPB) has suffered from partisan bickering and is thought to have been ineffective thus far with only a few key accomplishments.
Facebook's long-anticipated IPO has been announced for late May, and it is looking to raise $10 billion at a $100 billion investment. Here's why its stock may be a good investment.
Today, Jon Corzine appears before the first of several congressional committees regarding the bankruptcy of MF Global and the disappearance of client funds.
A recent Bloomberg story reports that Henry Paulson, who served as Secretary of the Treasury under President George W. Bush, gave hedge funds advance word that the government was getting ready to bailout Fannie Mae and Freddie Mac in 2008.
A number of Wall Street banks are mulling pay freezes and pay cuts. This may calm public outcry, but is bad for the financial industry.
The Vatican's proposal for a new global financial system is ambitious and admirable. However, its recommendations are unrealistic at this time.
Join the Debate: Banks are increasingly able to influence policy decisions. Should the financial system be the focus of America's economic reconstruction?