With all the popular anger directed at the US banking system bailout, it’s worth taking a quick look at the costs of TARP. While the US taxpayers have made $21 billion on the bank programs thus far, the TARP auto bailout is still massively in the red. …
Ezra Klein interviews Elizabeth Warren- who chaired Congressional oversight panel on TARP and who is now running for the Senate in Massachusetts. EK: I agree…
For four long years, the financial and political Status Quo has masked pervasive structural decay with artifice, pretense and lies. It’s like we’re living in a rotting mansion run by delusional megalomaniacs.
For four long years, the power-drunk S…
Question du jour: why is Jon Corzine still at large? In what fabulous Manhattan restaurants has he been enjoying plates of cockscombs and lobster with sauce hydromel and cinghiale ai frutti di bosco, while less well-connected citizens of this degene…
