The SEC's suit against Goldman Sachs is a civil one, not a criminal charge, but it's a start. Before this is over, senior financial executives need to be brought before the bar of justice and the existing system and its biggest players need to be broken up.
These huge banks will behave better only when and if their executives face credible criminal penalties. This simply cannot happen while these banks are anywhere near their current size.
The so-called "resolution" mechanism the Democrats are pushing to wind down any big bank that gets into trouble is a step in the right direction. But it won't work if two or more giant banks are simultaneously endangered.
Away from the flattering lights of Broadway or Hollywood, you see what kind of performer a celebrity really is. Can they handle a stripped down stage and a drunken heckler?
A source told me to check out who the head of ACA was married to. "I think you'll find it's a senior woman at Goldman Sachs," he said.
The giant plume began to appear just minutes after the SEC announced on Friday that it had filed a civil lawsuit against the investment bank and grew to a monstrous size as the weekend wore on.
Here's a playlist for everyone who's been impacted already by the volcano, put together in the hopes that we all go from "Burnin' Sky" to "No More Cloudy Days" very soon.
Despite the pessimism, which is trendy these days, there are already plenty of robins around -- that is, there is good economic news that's generally overlooked.
Eight years after Meg Whitman paid $395,000 to settle with eBay shareholders and was thrown off Goldman's board like a bottle of piss from a speeding big rig she still claims to have done nothing wrong.
It is open season on the Latino community in Arizona -- people in Latino neighborhoods are afraid to leave their houses because they feel their arrest on suspicion of being an undocumented immigrant could happen at any moment.
We can expect the volcanic ash already spewing out of Iceland to hang around in the skies for the next couple of weeks with many planes grounded across many European countries, but if Katla goes then it might last for months.
The SEC charges against Goldman may or may not stick, but it should be clear to all that the system has gone badly awry and needs massive reform.
Richard I. Fine vs L.A. County Sheriff Leroy D. Baca will determine whether it is legal for a U.S. citizen to be held in coercive confinement for such a long period of time -- almost 14 months.
Just because the SEC filed a lawsuit, it doesn't mean they will win. Goldman Sachs could easily prevail. Before we start breaking out the champagne, let's look at what is actually going on.
I'm not having a nervous break down ... yet. But if I let things continue in a speedy way without observation, falling into a million pieces would be inevitable.
To understand why Arizona has become an epicenter for tough immigration law enforcement, trace a straight line from the Clinton administration through advocacy groups today.
We are seeing an epidemic of stress-related disorders in our society, including depression, anxiety, autism, attention deficit disorder, memory disorders, and dementia.
What does a grass roots movement which claims the mantle of the Revolutionary builders of our country have to say about solutions? Do nothing.
Last week's column on the gut-clenching KFC Double Down got me thinking. What else can you shove into your body if you really despise yourself? Shall we list a few?
The Advertising Standards Authority, Britain's independent regulator of advertising in the media, recently criticized Israel for including a photo of the Western Wall in a newspaper advertisement.
I thought both Jay and Mila made Fashion Week-worthy collections, but I have to admit that I was surprised by the outcome. I'm interested to see how the final episode plays out -- more interested than last year, anyway.
A startling amount of denialism now, like Climategate, travels across the Atlantic from my country -- Britain -- to the United States.
It is difficult to know whether or not the Tea Party Express is a grass roots creation, a production of Fox News or a concoction by a public relations firm to make money. But no matter its origins, it seems to have coalesced around some basic concepts.
In South Africa, staggering wealth and poverty stand side by side. Township organizations call for protests during the World Cup if demands for basic public services aren't met.
There are more people in America with no bank account today than didn't have the right to vote in 1960.
Although the bilateral U.S.-South Korean defense treaty does not make American intervention automatic, it is unimaginable that an American administration would stand aside in a conflict.