Economy

Federal Chairman Bernanke at PodiumFederal Reserve Chairman Ben Bernanke's radical policies have prompted alarm that they might worsen our economic recession/depression.

CitigroupPoor Charles Ponzi is getting another media drubbing. News stories, of late, have been declaring Bernard Madoff's spectacular investment fraud case "the biggest Ponzi scheme in history."

Ford TruckWill the bailout of the Big Three automakers — General Motors, Ford, and Chrysler — refresh the auto industry or further sour the economy?

Fed Chairman BernankeOn December 16th, the Federal Reserve announced a record-setting cut in interest rates, targeting the federal funds rate at zero to a quarter of a percent. There were hosannas and flourishes on Wall Street, with the Dow surging more than three hundred points.

Bernard MadoffThe world’s wealthy and well-connected are reeling from disclosures that an international investment giant – Wall Street-based Bernard Madoff Investment Securities LLC, run by 70-year old Bernard Madoff, a well-known Wall Street investor – has turned out to be a colossal pyramid scheme with worthless assets.

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