Tag Archives: gretchen morgenson

The complaisant watchdog: how the press missed the Madoff scandal

The Wall Street Journal and the New York Times slept while Bernie Madoff swindled. [Article first published in CounterPunch. To read the original click here.] An old maxim has it that newspa­per editors separate the wheat from the chaff, then … Continue reading

Posted in Press, Service economy | Tagged , , , , , , , , , , , , , , , | Leave a comment

Finance is too important to be left to Wall Street’s self-interest

Getting the American economy back on solid ground will require new financial regulations. Goldman Sachs alums aren’t the people for the job. [As published in the American Conservative on October 20, 2008.] As bewildered Americans survey the wreckage of their … Continue reading

Posted in American decline, Global economy, Service economy | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment