Muckety

Stories in the category Economy

Liz Peek outed as author of “Confessions of a TARP Wife”

By Carol Eisenberg

April 23, 2009 at 12:34pm

She calls herself a TARP wife, and offers a rare glimpse of what it’s like to be married to a Wall Street executive and former Master of the Universe who took billions in taxpayer dollars to bail out his company.

We are all Keynesians now - but especially Paul Krugman

By Laurie Bennett

April 3, 2009 at 11:20am

Economist Paul Krugman, who describes John Maynard Keynes as his “economic idol,” may be the right man at the right time. But supporters of Barack Obama certainly hope not.

Richard Fields flips condo, makes killing at 15 Central Park West

By Carol Eisenberg

January 6, 2009 at 12:00am

Call it the Midas touch: Casino magnate Richard Fields just flipped his three-bedroom, three-and-a-half bath condo at 15 Central Park West for $27 million - twice what he paid for it a mere six months ago.

Export bank chief James H. Lambright joins financial rescue team

By Carol Eisenberg

October 24, 2008 at 11:20am

James H. Lambright, head of the Export-Import Bank of the U.S., has been tapped for a top job overseeing the $700-billion financial bailout.

Conflicts of interest led Moody’s, S&P and Fitch to make bad calls on ratings

By Carol Eisenberg

October 23, 2008 at 10:27am

Analysts at Moody’s Investors Service, Standard & Poor’s and Fitch Ratings had doubts about many of the mortgage-backed securities they rated, but gave them a thumbs-up because it was so lucrative to do so, according to documents released by a U.S. House panel.

Inspector General Kotz gets expert help on his SEC audit

By Gary Jacobson

September 28, 2008 at 12:03pm

Using expert consultants is common in business and government. SEC Inspector General David Kotz used one in his report that slams the agency for missing numerous red flags that foreshadowed the collapse of Bear Stearns.

Richard Fisher, the Fed’s Mr. Lonely again

By Gary Jacobson

June 25, 2008 at 4:47pm

The Federal Reserve kept its benchmark interest rate at 2 percent today, with Dallas Fed president Richard Fisher providing the lone dissenting vote among the nine members of the Federal Open Market Committee. Fisher, fearing inflation, wanted to raise rates.

The Way the World Works, according to Ross Perot

By Gary Jacobson

June 17, 2008 at 4:25pm

Ross Perot missed his calling. Instead of a billionaire entrepreneur, he should have been a teacher.

Federal Reserve’s Fisher still fears inflation

By Gary Jacobson

February 23, 2008 at 3:45pm

Richard Fisher, president of the Federal Reserve Bank of Dallas and the Fed’s top anti-inflation hawk, cautioned again that the central bank must be wary of “stirring the embers of inflation.”

Tisch group lobbies hard for tax cuts

By Eric Rosenberg

February 14, 2008 at 11:00am

Veteran politicians and former government staffers have been lobbying Washington for clients seeking tax cuts as part of the economic stimulus package.

During recent weeks, a coalition of hotel, financial services, energy companies and manufacturers pressed lawmakers to include in the package a reduction in the capital gains tax rate.



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