the Wall Street Casino

Public pension plans in dreamland

It took all the major newspapers in Ohio to do an exposé on the golden nest egg pension plan for public employees. As the gap between rich and poor in America widens, the fourth estate isn’t even able to mount a credible look at what’s really going wrong- and it’s not the pension plans- it’s Read More

The new god in business is Chairman Hank Paulson

How would you like it if all of a sudden, the government stepped in and decided to give your competition a few billion dollars- and make everyone else think your company is failing? That’s exactly what Hank Paulson and the Treasury department are doing to National City Bank- and Congress can’t get a straight answer. Read More