When we think of Adam Smith, the great Scottish philosopher and economist, and his seminal book The Wealth of Nations, we are inclined to think of free markets, individual self-interest,…
Ever since the financial meltdown of 2007, bankers and rating agencies responsible for much of the damage done to the world’s financial systems have escaped criminal liability (apart from a…
Many Canadians (and many more Americans) ask the eminently reasonable question, Why aren’t the bankers who precipitated the financial collapse of 2008 in jail? The damage they inflicted on the…
Reading about the latest foibles of JPMorgan Chase, the largest bank in the United States, one cannot help but chuckle. CEO Jamie Dimon initially reported a trading blunder had cost…
What a Greek euro exit could mean for Canada CBC News Posted: May 25, 2012 1:44 PM ET This doesn’t sound like much of a Canadian crisis to me, and…
Oh, those fickle Wall Street bankers. In 2008, Barack Obama was their man for president. They lavished $71-million on the Democratic candidate, $10-million more than on his Republican rival. Goldman…
