Posted on June 16, 2022 by Doug Henwood
Just added to my radio archive (click on date for link): June 16, 2022 Ellora Derenoncourt, co-author of this paper, on the racial wealth gap, 1860–2020 • David Gelles, author of The Man Who Broke Capitalism, on Jack Welch, CEO of GE from 1981–2001
Posted on January 18, 2019 by Doug Henwood
Just added to my radio archive (click on date for link): January 17, 2019 Andrew Bacevich tries to make sense of Trump’s foreign policy • Steven Maher (author of this article) on the rise and fall of GE
Posted on December 18, 2009 by Doug Henwood
score one for the cows An interesting article in the New York Times earlier this week, reporting that Congress has done absolutely nothing to reform the credit-rating industry. You may recall that the credit rating industry helped give us the recent financial crisis, which, though ending, has left behind a toxic economic residue. The industry is paid by the issuers of securities to rate them. Investors then choose whether or not to buy these securities based on the ratings. You may wonder how objective these ratings are if they’re paid for by… Read More
LBO News from Doug Henwood 
Posted on December 18, 2009 by Doug Henwood
Radio commentary, December 10, 2009
score one for the cows An interesting article in the New York Times earlier this week, reporting that Congress has done absolutely nothing to reform the credit-rating industry. You may recall that the credit rating industry helped give us the recent financial crisis, which, though ending, has left behind a toxic economic residue. The industry is paid by the issuers of securities to rate them. Investors then choose whether or not to buy these securities based on the ratings. You may wonder how objective these ratings are if they’re paid for by… Read More