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Wall Street & Markets

Brooksley Born, American hero

By Justin FoxApril 07, 20090

I like the reading suggestions I get from readers, so I clicked through on bryanfromhouston’s link to this piece by Glenn Greenwald. Greenwald made his name exposing the Bush administration’s disdain for the Constitution and the media’s lame coverage of the Bush administration, and apparently plans to stick with that theme for the rest …

Economy & Policy

On the job front, still no Great Depression, but getting a little closer

By Justin FoxApril 07, 20090

My first stab at comparing non-farm payroll employment declines in the current recession with those from the Great Depression was beset by a couple of flaws. One was that I was using seasonally adjusted numbers from the current recession while the figures from the 1930s were unadjusted. That was easy enough to fix. The other was that …

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