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Election 2012: Jeb Bush vs. Barack Obama February 20th, 2012 WARNING TO: Selfish insecure children and conservatives. This is not a political promotion for any candidate. It is simply an observation of certain facts exposing a foregone conclusion. What I
Cheaters are lurking in the U.S. economy, corrupting what should be an honest game of production, commerce, and trade. “Cheater economics” refers to the corporate welfare system in which corporations are given special tax subsidies and granted access to
It seems to me too early in the 2012 presidential campaign to be toting up the successes and failures of the Obama administration. Yet Noam Scheiber’s new book wants to be read, digested, taken into inventory. The Escape Artists: How Obama’s Team Fumbled
Lloyd Blankfein may step down as chief executive of Goldman Sachs as early as this summer; and president and chief operating officer Gary Cohn is the lead candidate to replace him, according to a Goldman executive and a source close to the firm. A Goldma
Gary Cohn, right, is next in line to replace Lloyd Blankfein, left FORTUNE -- Lloyd Blankfein may step down as chief executive of Goldman Sachs as early as this summer; and president and chief operating officer Gary Cohn is the lead candidate to replace
For most of its history of nearly 90 years, Time magazine has been a staple for the smug, clichéd, only-in-America, lumpen bourgeoisie; the Mencken-roasted, Lucian masses always ready to believe that if it's American it must be the best, and if it's happ
Let’s go through the last 15-20 years of perfect, brilliant top economist Larry Summers’ career: He joined Robert Rubin and Alan Greenspan in their successful attempt to tear down long-standing financial regulations and keep derivatives totally unmonitor
Former Treasury Secretary Robert Rubin says the U.S. economic outlook is the most "uncertain" he has seen in his lifetime. Given that he was born during the Great Depression (1938), and lived through the Cold War, the 1970s' inflation, a brutal 1980-82 r
The Dallas-based senior vice president for Citigroup became one of America's first whistle-blowers on the mortgage crisis. Yet, he says, nobody cared. He battled not only the forces of his mega-corporation but also the federal government, which he says p
BILL CLINTON came through for Ireland yesterday, big time. Who else could have brought together two dozen of America’s wealthiest men to talk about a cash-strapped island? “When he makes a call to a CEO, they take the call,” said George Moore, an Irish t
That Lawrence Summers, a president emeritus of Harvard, is a consummate distorter of fact and logic is not a revelation. That he and Bill Clinton, the president he served as secretary of the Treasury, can still get away with disclaiming responsibility fo
Just before 1:30 p.m. Aug. 3, a frustrated President Obama gathered Gene B. Sperling and the economic team in the White House and told them to design a jobs package he could offer the American public. Obama had spent much of the year locked in negotiatio
“Yes, it’s time to put the ‘public’ back in ‘Public Libraries.” So says Thad McIlroy, a prominent publishing consultant, about LibraryCity’s proposal for OverDrive to sell itself to America’s public libraries directly or to a nonprofit serving their inte
That Lawrence Summers, a president emeritus of Harvard, is a consummate distorter of fact and logic is not a revelation. That he and Bill Clinton, the president he served as treasury secretary, can still get away with disclaiming responsibility for our f
More people in positions of power mdash; government regulators, especially mdash; should have foreseen the subprime financial crisis coming./ppThey could have saved us from this mess./ppBut wait /ppThree regulators did indeed ring warning bells mdash; at
In his State of the Union Address last week, President Obama announced a renewed commitment to manufacturing in the United States. While the commitment to rebuilding the country's manufacturing base is welcome - manufacturing has historically been a sour
OverDrive—the leading supplier of popular e-books for America’s public libraries—should sell itself to its library customers or at least think about it if they are willing and able to buy. In Rockford, Illinois, a much-needed controversy rages about the
Curious about why you’ve heard so little out of Davos? For the first time in thirty years, China sent none of its various vice-premiers to the World Economic Forum, ostensibly because the meetings this weekend fall in the middle of Chinese New Year celeb
The World Economic Forum in Davos was great about 20 years ago when you would get in a lift and find that the tall elegant upright guy sharing it with you was Nelson Mandela, or take the only spare stool at the counter to find you were alongside the US T
(Reuters) - The world of international finance is largely incomprehensible, even to its practitioners. Consequently, a whole industry, of which I am personally part, has sprung up to "explain finance" to the public. This makes the public think that under
Robert Edward Rubin (born August 29, 1938) served as the 70th United States Secretary of the Treasury during both the first and second Clinton administrations. Before his government service, he spent 26 years at Goldman Sachs. His most prominent post-government role was as Director and Senior Counselor of Citigroup, where he performed ongoing... Full Article
Former Treasury Secretary Robert Rubin, center, moderates a panel of Democratic governors discussing jobs and the economy, Friday, Feb. 25, 2011, in Washington. From left are: Colorado Gov. John Hickenlooper, Connecticut Gov. Dannel Malloy, Rubin, Maryland Gov. Martin O'Malley, and...
View Photo »Former Treasury Secretary Robert Rubin, center, moderates a panel of Democratic governors discussing jobs and the economy, Friday, Feb. 25, 2011, in Washington. From left are: Colorado Gov. John Hickenlooper, Connecticut Gov. Dannel Malloy, Rubin, Maryland Gov. Martin O'Malley, and...
View Photo »It's really a sticky situation for interns
