By Luca Di Leo After fending off most challenges to its independence and winning new powers to oversee big financial firms, the Federal Reserve has

White House officials point to $300 million spent by the Veteran’s Administration over the past decade on a financial systems project that still isn’t done.

From Wikipedia In economics, Hauser’s Law is an empirical observation that, in the United States, federal tax revenues since World War II have always been

By Thomas Dilorenzo “One can say without exaggeration that inflation is an indispensable means of militarism,” Ludwig von Mises wrote. “Without it, the repercussions of

Evergreen Farm, the finest farm and dairy in my county, announced this week that they are closing and will auction their herd and land. This

By Joe Weisenthal Continue reading the article . . .

July 22, 2010 – 7PM MDT with Clifford E Carnicom The Carnicom Institute will hold a live webinar on Thursday, July 22nd, 2010 at 7PM

By Karl Denninger Since when does the SEC announce that it’s about to make an announcement – about an hour before the market closes the

By Samuel Shen and Kennix Chim Agricultural Bank of China’s (601288.SS) $19 billion IPO made a lackluster debut in Shanghai, weighing on the market and

By Ambrose Evans-Pritchard Dagong Global Credit Rating Co used its first foray into sovereign debt to paint a revolutionary picture of creditworthiness around the world,

By Andy Sullivan and Kevin Drawbaugh The Congress on Thursday approved the broadest overhaul of financial rules since the Great Depression and sent it to

By Marcy Gordon and Daniel Wagner Goldman Sachs & Co. has agreed to pay $550 million to settle civil fraud charges that the Wall Street

By Richard Teitelbaum Amid a storm of criticism, government investigations and an SEC suit, the investment bank’s outside directors have failed to speak out. Greg

By Vincent Fernando, CFA and Kamelia Angelova Continue reading the article . . .

By Sewell Chan The chairman of the Federal Reserve urged banks and regulators on Monday to help the nation’s small businesses get the loans they

The United States Bankruptcy Court for the Eastern District of California has issued a ruling dated May 20, 2010 in the matter of In Re:

[Note from CAF: My wonderful bankers at National Bank of Malvern did not tell me about this story published last year. I just found it,

This is an excellent talk that Franklin gave recently in Mississippi. If you want to understand what each community needs to do to create jobs

By Lucy Ballinger The impressive, boat-shaped ‘SkyPark’ perched atop the three towers that make up the world’s most expensive hotel, the £4billion Marina Bay Sands

The con of the decade (Part I) involves the transfer of private debt to the public (the marks), who then pays interest forever to the

Kauffman Foundation Study New firms add an average of 3 million jobs in their first year, while older companies lose 1 million jobs annually (KANSAS

Amy Goodman Interview DemocracyNow! (8 Jul 10) Supporters of geoengineering have proposed radical ways to alter the planet to decrease the level of greenhouse gas

New York Times By Verlyn Klinkenborg (8 Jul 10) A couple of weeks ago, I walked along a spring creek in the upper Madison Valley,

Bloomberg.com (7 Jul 10) Allstate Corp. Chief Executive Officer Thomas Wilson said a surge in borrowing by U.S. state and local governments may trim the

A report released Thursday finds that all 18 firms lining up for tens of billions in US-backed loans for new nuclear power plants would use

By Mark Seibel (9 Jul 10) Washington – In a dramatic turn of events, the Obama administration has given BP the go-ahead to remove the

BEIJING (AP) — A Chinese firm that aims to compete with Western rating agencies declared Washington a worse credit risk than Beijing in its first

By Richard Winton The Swiss government’s decision not to extradite Roman Polanski to Los Angeles means the famed director can now travel freely in Switzerland

By C. Powell Dear Friend of GATA and Gold: The Wall Street Journal this evening updated and corrected its report about the gold swaps undertaken

By James Kanter After decades of pushing nations to surrender more power to Brussels, the European Union is about to throw in the towel on

By Jesse These swaps have significance because of the speculation that the public sale of gold by the IMF, which was secretive and selective, was

By Jessica Resnick-Ault and Katarzyna Klimasinska BP Plc is likely to intercept its Gulf of Mexico gusher this month, ahead of schedule, kicking off a

Continue reading Meredith Whitney: The Rebound In Consumer Spending Is Just The Result Of People Not Paying Their Mortgages

Dear Jim, Allow me to chime in here and bolster your comments to CIGA Arlen. First and foremost, what your readers need to understand is

By Michael Powell Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes

YouTube I am flying to London this week; returning early next week. This Friday, I will join wonderful clients and friends to see Nick’s Stafford’s

View Larger Chart Continue reading BP Financial Limbo Dance

By David Kocieniewski When the Deepwater Horizon drilling platform set off the worst oil spill at sea in American history, it was flying the flag

By Clifford J. Levy On the edge of this Siberian village is a resort with a veiled guest list and armed guards at the front

By Janet Lorin As much as higher education and corporate America would like to be engaged, college presidents are struggling to reconcile the demands and

View Larger Chart Continue reading The Bigger And Bigger Picture

BP Plc is seeking a strategic investor to secure its independence in the face of any takeover attempts as it struggles with a devastating oil

“In a global economy when you lower the cost of capital and rig resources for insiders, a severe misallocation of capital results. This has been

Michael Fields Agricultural Institute, a nonprofit agricultural service provider, is looking for a new director. The Institute seeks a leader who has the skills and

By Zach Carter Today, Goldman Sachs sent its second-highest-ranking officer to Washington, D.C. to tell the Financial Crisis Inquiry Commission that his company is staffed

By: CNBC.com Goldman Sachs’ testimony before the Financial Crisis Inquiry Commission Thursday spurred skepticism and frustration among commission members when the investment bank claimed it