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03.02.2009 5:41 pm

More tax woes in the Obama cabinet

The Dallas Morning News reports that another Obama cabinet appointee has been negligent in paying all of his taxes.

Ron Kirk, the former Dallas mayor who was nominated to be the U.S. trade representative in the Obama administration, failed to pay taxes…

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02.10.2009 9:01 pm

Bankers’ last chance: Son of TARP

Is second time the charm? (Paul J. Richards/AFP/Getty)

Tim Geithner: Is second time the charm? (Paul J. Richards/AFP/Getty)

The American public rightly is skeptical about the way the first $350 billion in Troubled Assets Relief Program funds were spent. Now comes the Obama administration with a new name for the…

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01.25.2009 9:01 pm

Rein in Wall Street’s bonus babies

Hey, what’s with all these bonuses
They’re givin’ to the rich?
They’re fillin’ up their pockets,
Walk away without a hitch.
Gotta get myself some TARP
Because I hear it’s going fast. . . .

Things were hunky-dory last September between CEOs John Thain of Merrill Lynch and Ken Lewis of Bank of America. Now things are neither hunky nor dory. (AP Wirephoto)

Things were hunky-dory last September between CEOs John Thain of Merrill…

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01.21.2009 5:54 pm

Updated: Caroline bows out and Barack gets down to business

Barack Obama and Joe Biden

Barack Obama and Joe Biden

Update: Caroline Kennedy, we hardly knew you. New York Times reports that she is withdrawing from consideration for appointment to the U.S. Senate to fill the seat vacated by new Secretary of State Hillary Clinton.

Original post:

On Day…

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12.17.2008 9:00 pm

High rollers still rule credit bailout

FDIC Chairman Sheil Bair (Photo by Chip Somodevilla/Getty Images)

FDIC Chairman Sheila Bair (Photo by Chip Somodevilla/Getty Images)

President-elect Barack Obama insists he will protect Main Street, not just Wall Street, when fashioning a federal response to the credit crisis.

Perhaps so. Perhaps his “one president at a time” rule is causing…

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11.06.2008 9:00 pm

Friday editorial: The economy and Mr. Obama

Now comes the hard part. President-elect Barack Obama, having won a historic mandate for change, must make it happen.
He faces monumental problems: “Two wars, a planet in peril, the worst financial crisis in a century,” as he put it in…

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