Banking

Banking

Salon America's addiction to debt

The housing collapse came about because we want more than we can afford.
By Gene Lyons May 28, 2009

  • In the U.S. Senate, banking lobbyists still walk tall

    The tussle over credit card industry reform is proving that the banking industry hasn't lost much of its clout with Congress. Just wait until legislators try to sink their teeth into derivatives regulation.
    By Andrew Leonard May 14, 2009

  • Uncle Sam gets stressed

    Treasury releases its evaluations of top banks' financial health -- but the federal budget reveals that the government's own fiscal position is shaky.
    By Mike Madden May 8, 2009

  • Obama's dinner with Stiglitz and Krugman

    We know they ate roast beef and discussed the banking system. The rest is a mystery.
    By Andrew Leonard May 4, 2009

  • Simon Johnson says: "Break up the banks"

    It's time to get all Teddy Roosevelt on Wall Street, declares the former chief economist of the IMF. Bring out the big antitrust artillery and fire away.
    By Andrew Leonard April 23, 2009

  • Pay no attention to the treasury secretary behind the curtain

    President Obama figures out the key to selling his economic policies: Hide Tim Geithner.
    By Mike Madden March 24, 2009

  • AIG is chump change -- let's find corporate America's hidden billions

    It's time to reform offshore banking, and see what untaxed wealth big business is hiding in overseas tax shelters.
    By Joe Conason March 23, 2009

  • The Republican prescription: Do nothing

    A congressman asks the banking CEOs: Why not let the magic of the market fix Wall Street?
    By Andrew Leonard February 11, 2009

  • Mr. Megabank endorses Obama

    Hugh McColl, the man who turned Charlotte, N.C., into a financial powerhouse, says the Democrat is the man for an economy in chaos.
    By Andrew Leonard October 6, 2008

  • McCain's scary economic advisor

    Not only is former Texas Sen. Phil Gramm a shill for special interests, his deregulation policies helped spur the mortgage crisis, among other financial disasters.
    By Joe Conason May 30, 2008

  • "The next time we have Black Monday"

    Congress will wring its hands, and taxpayers will foot the bill. A prediction of the consequences of bank deregulation, from 17 years ago.
    By Andrew Leonard April 4, 2008

  • The Bank of America's ATM heist

    We have a right to be outraged at 50 percent price hikes. Too bad the federal government is no longer in the business of consumer protection.
    By Andrew Leonard September 14, 2007

  • Banking for broads

    Ka-ching! Germany now has a bank dedicated to serving women.
    By Sarah Karnasiewicz December 6, 2005

  • Don't bank on it

    A new study shows that women are poorly represented on the boards of the world's 50 largest banks.
    By Rebecca Traister November 14, 2005

  • The Salon Interview: Neal Stephenson

    The author of "Cryptonomicon" and the "Baroque Cycle" talks about the brighter side of Puritanism, the feud between Newton and Leibniz, and the literary world's grudge against science fiction.
    By Laura Miller April 21, 2004

  • Pirates! Calculus! Banking! Alchemy!

    "The Confusion," Vol. 2 of Neal Stephenson's "Baroque Cycle," is an enchanting, utterly excessive romp through the weird and wonderful corners of the late 17th century.
    By Andrew Leonard April 21, 2004

  • The morally bankrupt Congress

    With its support of a new bankruptcy bill, Congress is once again doing the bidding of the financial industry.
    By Robert Scheer July 31, 2002

  • The war on special interests

    Anti-terrorist fervor has upset the political apple cart: Long-entrenched lobbyists are suddenly being defeated and ignored. But will they soon resurface?
    By Damien Cave October 4, 2001

  • Den of thieves

    Greedy CEOs like Bank of America's Hugh McColl are squeezing the shareholders for gigantic salaries, no matter how the company is doing.
    By Merrill Goozner March 23, 2000

  • A California lawsuit makes Paris tremble

    Did the toughest corporate raider in France play the stooge for a bank gone wrong?
    By Mark Hunter February 22, 2000

  • Unlikely eco-warriors

    Bankers and insurers team up with Greenpeace to save the world from global warming
    By Mark Hertsgaard January 13, 1996
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