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The weather may be cooling, but the summer of money laundering is far from over. There hasn’t really been an uptick in banks looking the other way on dirty money (they have for years), it’s that regulators are finally stepping up.
Blog
Joseph Hines
Fossil fuel interests have spent over $153 million in television ads attacking President Obama’s clean energy agenda.
Blog
J. Mijin Cha
Sick of investment advice from hacks like Warren Buffet and Donald Trump? Ask a congress member. Roll Call published their latest list of the “ 50 Richest Members of the 112th Congress” last week. Texan House Representative Mike McCaul took first place, reporting a minimum net worth of $305.46
Blog
Jack Grauer
Four years ago today, Lehman Brothers collapsed as Hank Paulson and his colleagues made the fateful decision that free market principles demanded that at least one bank crippled by the deteriorating financial system had to be sacrificed at the altar of moral hazard. These “deciders” had no idea of
In the media
Wallace C. Turbeville
Iowa’s Democratic attorney general and Republican secretary of state made a show of solidarity last month in announcing they were fighting a lawsuit that challenges the emergency powers the secretary of state has given himself to purge registered voters he isn’t convinced are U.S. citizens. “We’re
In the media
Rekha Basu
For the magazine’s 20 th Anniversary, the September issue of SmartMoney has a long section recapping changes in American personal finance -- and on what they got right and wrong -- over the last two decades. Their historical review starts with the blunt question: Who’s responsible for your
Blog
It’s time we change how we think about poverty. The newly released Census report on poverty received a lot of attention from the chattering class. But was it really deserved? There are many ways in which the rate understates poverty. The poverty line, individuals making $11,484 a year, has been used
Blog
Joseph Hines
How a Facebook get-out-the-vote campaign can have a tangible impact on voter turnout—but only when there’s a certain sort of social component to it.
Blog
Jesse Singal
POLITICO led this morning with a piece arguing that Mitt Romney's clay feet on the subject of national security threaten to turn him into John Kerry. I don't quite buy the comparison, however Kerry-like Mr Romney may be in his stiffness and aloofness; Mr Romney never claimed national security as a
In the media
J.F.
A new report from the World Business Council for Sustainable Business details the importance of environmental accounting. As the report highlights that while every business depends on ecosystems, these resources are being rapidly depleted. The impact that resources depletion has on businesses is
Blog
J. Mijin Cha