Credit default swaps have made headlines for bringing down banks, insurance companies, and even Greece's economy. These unregulated financial tools played a key role in the 2008 U.S. economic crisis, and they continue to contribute to woes...
We examine possible legislative responses to the Supreme Court's decision in Citizens United v. Federal Election Commission, and the role of money in American politics.
It's a number a lot of us are held hostage to, regardless of our financial history: our credit score. But pending legislative reforms have the potential to alter our relationships with the credit industry. We explore how new rules are...
Last September, Wall Street investment bank Lehman Brothers collapsed, triggering the biggest banking crisis since the Great Depression. A credit crisis and financial market meltdown soon followed. One year later, we're certainly sadder...