James Saft is a Reuters columnist. The opinions expressed are his own.
The proposed bailout of Greece probably can’t escape the scarlet D of default, at least if the ratings agencies follow their own guidelines.
What do you call an entire economy which sweeps its insolvencies under the carpet and hopes that something will turn up?
The Bank of Japan seems to be running its own fun-house version of monetary policy, intervening in equity markets when they fall.
Financial repression, the capture by government of capital for its own needs, is coming, if it’s not already here.
Greece, Germany and the European Central Bank appear to be petitioning for a divorce, not from each other, yet, but from reality, citing irreconcilable differences.
Jamie Dimon is just doing his job, which is why it is more important than ever that Ben Bernanke do a better job at his.
First came the realization that U.S. economic growth was fading. Now comes the dawning feeling that no meaningful help is on the way.
HUNTSVILLE, Ala. — British banks are being surprisingly generous with troubled homeowners, raising red flags over the health of the housing market and their own earnings.