angelides commission

To call Robert Rubin an overpaid riverboat gambler would be to do a disservice to riverboat gamblers. To be sure, Rubin's salesmanship, arrogance, and cold lack of remorse fit the mold. But no card sharp ruined as many lives as the former Treasury Secretary and Citigroup executive has done, and nobody of that despised class ever had as much political influence - even now. more »

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Alan Greenspan's testimony before the Angelides Commission certainly provided a target-rich environment, as they say in the Pentagon. Unfortunately the Commission missed all its targets, leaving the American public as undefended from financial depradation and ruin as it was before the hearing began. It was almost anticlimactic when the power failed during the final fifteen minutes of Greenspan's appearance. The light had left the room long before then. more »

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Alan Greenspan testifies before the Angelides Commission on Wednesday. Without wishing him any personal ill will, let's hope he gets a grilling. We come not to bury Greenspan, but to ... well, actually we do come to bury him. For the greater good of all, he and the radical philosophy he represents must be exposed for all to see.

Paul Krugman observed the other day that Greenspan is "still not a mensch," and that's putting it mildly. Greenspan's engaged in a full-scale media blitz to convince the public that he still deserves to be called the "Maestro," s he once was by an adoring press and DC establishment. But underlying Greenspan's words and deeds, almost invisibly, is a extremist philosophy that has captured financial policy. more »

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