Dick Fuld’s Comeback Attempt Was a Disaster

– – Dick Fuld seems to be attempting a possible comeback. The last head of the bankrupt financial firm Lehman Brothers made his first public appearance since that firm’s collapse. But if the reports More...

PMorgan $500 Million Bear Stearns Securities Deal Approved

  JPMorgan Chase & Co.’s $500 million settlement with pension funds over Bear Stearns’s sale of mortgage-backed securities was approved by a federal judge. Bear Stearns, acquired by JPMorgan in More...

Berkeley Economics and Political Science Prof. Barry Eichengreen: The Fed Under Fire

The Federal Reserve is under attack. Bills subjecting the United States’ central bank to “auditing” by the Government Accountability Office are likely to be passed by both houses of Congress. Legislation More...