Best Columns
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Business columns: The real villains of foreclosure
feature Fannie Mae and Freddie Mac own more than half of all U.S. mortgages and pay some of the nation’s largest banks to service them, said Stephen Meister in the New York Post.
By The Week Staff Last updated
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How risk could jump the Atlantic
feature Why would the Fed let such a thinly capitalized bank operate in the U.S. despite its “risk to the rest of the financial system?” asked Simon Johnson at Bloomberg.com.
By The Week Staff Last updated
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The BRICs can’t save the West
feature Even if they could settle their disagreements, the BRICs “remain ill-suited to seize the global economic lead,” said Joshua Kurlantzick at Bloomberg Businessweek.
By The Week Staff Last updated
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A generation keen on selling
feature Their “ideal social form” is the small business, and they aspire to launch food carts, techie startups, and socially responsible companies, said William Deresiewicz at The New York Times.
By The Week Staff Last updated
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Consumer debt is not to blame
feature Given the circumstances, in fact, consumer spending is pretty consistent and pretty healthy, said James Surowiecki at The New Yorker.
By The Week Staff Last updated
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The rise of the sharing economy
feature The efficiency of a “post-ownership society” may not translate into economic growth, said Derek Thompson at The Atlantic.
By The Week Staff Last updated
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Viewpoint: Ron Klain
feature From Bloomberg.com: “What protest groups on the Left and the Right share with less-activist middle-class Americans...
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The mighty shadow economy
feature The $10 trillion black market amounts to “an economic superpower” second in size only to the U.S., said Robert Neuwirth at ForeignPolicy.com.
By The Week Staff Last updated
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How supply chains hinge on Asia
feature For complex products like the iPhone, any disruption in the supply of a single, tiny component can wreak havoc on the whole “tangled chain,” said David Pilling at the Financial Times.
By The Week Staff Last updated
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Corzine’s downfall foretold
feature Corzine led Goldman into “its first major financial morass,” in 1998, overseeing trading positions that led to huge losses and delayed the firm’s IPO, said Charles Gasparino at TheDailyBeast.com.
By The Week Staff Last updated
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Viewpoint: Elizabeth Dwoskin
feature From Bloomberg Businessweek: “It’s a hard-to-resist syllogism: Dirty jobs are available; Americans won’t fill them; thus, Americans are too soft...
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David Stern misplays the NBA lockout
feature Stern has “made classic negotiation mistakes” in speaking for league owners, not so much in the terms he’s presenting “but in the way he’s presenting them,” Shelley DuBois at Fortune.
By The Week Staff Last updated
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Viewpoint: Matt Taibbi
feature From RollingStone.com: “You get busted for drugs in this country, and it turns out you can make yourself ineligible to receive food stamps. But you can be a serial fraud offender like Citigroup...
By The Week Staff Last updated
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Welcome to the latest bubble
feature The wizards of Wall Street once created complex securities to bet on the housing market; now they’ve turned their magic to speculating on commodities, said Steven Pearlstein at The Washington Post.
By The Week Staff Last updated
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