The list of those called to testify for a House inquiry into the American International Group and its payouts to its counterparties just gained a few more high-wattage witnesses. Henry M. Paulson Jr., the former

By Craig Karmin A former top Calpers official has been paid more than $900,000 by a European money manager after he helped the start-up firm secure money from the giant public pension fund, according to

If the US has a Grand Master of family farming and marketing strategy, it’s likely Joel Salatin, here laying out a banquet of food for thought to a packed house in Santa Barbara… Related post:

By Andrew Ross Sorkin For years, Wall Street whispered that Goldman Sachs profited handsomely by trading ahead of — or even against — its own clients. On Tuesday, a Goldman executive made an unusual admission

U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday. A record 2.8 million

Yesterday morning,  executives from the banks which control the NY Fed and, in that capacity, serve as the depositories and agent for the US government, testified before the Financial Crisis Inquiry Commission. This is the

Genetically modified maize can damage the liver and other internal organs in mammals, according to a new study published in the International Journal of Biological Science. In the study, rats were fed three GM maize

Researchers in Australia found that prolonged television viewing was linked to an increased risk of death, even in people who exercised regularly, and recommended more be done to encourage people to spend fewer hours sitting

William Black, an associate professor of economics and law at the University of Missouri-Kansas City, talks with Bloomberg’s Betty Liu about Secretary of Treasury Geithner. View video:Black Says Geithner `Cover Up’ Also a Bernanke Scandal:

President Barack Obama said, “My thoughts and prayers go out to those who have been affected by this earthquake. We are closely monitoring the situation and we stand ready to assist the people of Haiti.”

Argentina’s central bank reserves dispute suffered an expected escalation when on Tuesday Judge Thomas Griesa from New York State placed an embargo on Argentine central bank accounts held in the United States, following a lawsuit

By Lester Brown America’s century-old love affair with the automobile may be coming to an end. The U.S. fleet has apparently peaked and started to decline. In 2009, the 14 million cars scrapped exceeded the

By Tom Philpott The Gates Foundation has emerged as a kind of de facto USDA for Africa: a deep-pocketed funder with a focus on agriculture, in a continent that has seen ag-research funding plunge over

Executive Order will Strengthen Further Partnership Between the Federal and State and Local Governments to Better Protect Our Nation The President today signed an Executive Order establishing a Council of Governors to strengthen further the

By Joe Weisenthal Continue reading Chart of The Day:Cash-Strapped States Hope Salvation Is Right Around The Corner

by Jesse As a rule of thumb, the worst possible time to convert lump sum savings into a fixed income annuity would be when interest rates are historically low. Although products may vary, this is

by Karl Denninger Now this is a guaranteed rape job. In a short conversation this noontime that CNBC apparently has omitted from their archives (Why’s that folks?) Rick Santelli was talking about a potential to

By Joe Weisenthal and Kamelia Angelova Continue reading Chart Of The Day: A Jobless Recovery? Not For The Financial World

By Jeff Plungis U.S. investors oppose federal initiatives that would force them to give up control over their 401(k) accounts, the Investment Company Institute said. Seven in 10 U.S. households object to the idea of

Christopher Paton, who runs JPMorgan Chase & Co.’s public-sector benefit payments business, talks with Bloomberg’s Margaret Brennan about trends in food-stamp use in the U.S. Click to View Video Continue at JPMorgan’s Paton Sees `Huge’

By Tyler Durden The latest observation on our depressing economic reality, behind the glitzy headlines and the 3D TV screens, comes from Bloomberg’s Jonathan Weil who rightfully asks “if AIG executives repeatedly claimed the stock

Smartdust is a hypothetical wireless network of tiny microelectromechanical sensors (MEMS), robots, or devices, that can detect (for example) light, temperature, or vibration. A typical application scenario is scattering a hundred of these sensors around

Continue reading Sugar: The Bitter Truth YouTube (30 July 09)

Reginald H. Howe, partner in Golden Sextant Advisors and litigator in the first gold price-fixing case, Howe vs. Bank for International Settlements, has just analyzed the latest precious metals derivatives report from the BIS and

Continue reading How Will The Economy Recover With Lending Shrinking Like This?

By Catherine Austin Fitts I would like to propose a contrary theory to the dire views of those looking behind the veil of recent economic statistics. First, if you look at the amount of money

Continue reading Video Dispatch: The Year Ahead in East Asia

Continue reading Video Dispatch: The Year Ahead for Russia

By John Crudele The charade continues this Friday. That’s when the Labor Department will announce how many jobs it claims were lost in the US economy during December. The number is essentially worthless to anyone

By Omar R. Valdimarsson and Tasneem Brogger Iceland will hold a referendum on a depositor accord with the U.K. and Netherlands after President Olafur R. Grimsson blocked the bill in a move that threatens to