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AIG mess raises more questions about Geithner

If not distancing itself from Treasury Secretary Timothy Geithner, the White House is placing firmly on his shoulders responsibility for how the government handled…

Dems face dismay, disarray over AIG debacle

Congressional Democrats careened between the circular firing squad and the three-ring circus Tuesday as they struggled with their new…

Congress urged to save banks ‘too big to fail’

Congress should identify banks or other financial institutions that have become so large their failure poses a systemic risk and should put them under federal supervision, according to the Independent…

AIG backlash: Bring on the limits

The Obama administration says it's trying to put strict limits on the next $30 billion installment in taxpayers' money for insurance giant AIG amid…

Grassley to AIG execs: ‘Just kill yourselves’

Iowa Sen. Charles Grassley (left) suggested that AIG executives should take a Japanese approach toward accepting responsibility for the collapse of the insurance giant…

AIG: Bring lawyers, guns and money

The only real difference between Bernie Madoff and the management of AIG is that when Bernie Madoff got caught, he pleaded guilty. When AIG…

Rewarding failure

If AIG were in the public relations business instead of insurance, it surely would have gone broke years ago.

Take the reaction to its decision to go ahead with…

When honesty is only an illusion

Trust in government -- essential to a democracy -- depends greatly on whether citizens believe the government's dealings are conducted honestly and above board. In the United States, the means…

The health care crisis: Is it solvable?

As the nation seems to be marching inexorably toward universal health care, did you ever wonder why medical costs have grown beyond all other goods and services? Why is it…

Recession set to be longest of postwar period

Factory jobs disappeared. Inflation soared. Unemployment climbed to alarming levels. The hungry lined up at soup kitchens.

It wasn't the Great Depression. It…