“We believe that the credit rating agencies, in exchange for fees, departed from their objective, neutral role as arbiters. At minimum, they were aiding and abetting misconduct by issuers.&rdqu

Albert Einstein once said that the definition of insanity was doing the same thing over and over again and expecting different results. Through that lens, the current course of fiscal and monetary po

On Friday, as I pulled together thoughts for my syndicated column, I pinged Scott Reamer to ask him a question. He informed me global central banks and government agencies have thrown upwards of $30

The days when your mailbox is deluged with credit-card offers may be coming to an end. In fact, a recent survey conducted by the Federal Reserve said many banks will be reducing the number of credit

The Federal Reserve warns that unemployment will remain high for the next few years because the economic recovery won’t be strong enough to support significant hiring of full-time workers.The n

The present contains all possible futures. But not all futures are good ones. Some can be quite cruel. The one we actually get is dictated by the choices we make. For the last few months I’ve b

There has been a lot of debate lately as to whether proposals such as health-care reform will turn America into a socialist state.Considering what I’ve learned in 35 years working for nonprofit

The bigger the event, the bigger the need for added security. And the bigger the paycheck for police officers working overtime. Overtime pay works in two ways. Officers are paid time-and-a-half for t

Here is an email from Eugene Holloway, a Maryland attorney, on the rising cost of college education:  When I attended law school at George Washington University in 1969, the tuition was $1,90

Photo by Andrzej Grygiel/AFP/Getty Images “U2 were never dumb in business,” Bono told music journalist Michka Assayas in the book Bono. “We don’t