McCain and Obama Advisers Go Mano a Mano on Taxes

Editorial writers at the Wall Street Journal are still celebrating George W.’s tax cuts, but the 2008 Presidential campaign’s first debate on tax policy has just helped expose who gains and who loses when tax cuts tilt to the top.

Banking on Bigger: A Tale of Financial Folly

Doctors. Lawyers. Architects. A decent society certainly needs them all. But what about bankers? Is banking also a necessary profession? Or is banking merely a grubby game where the few enrich themselves at the expense of the many?

Race and the Mortgage Meltdown

Dedrick Muhammad, co-author of, “Foreclosed: State of the Dream 2008,” comments on why Barack Obama’s candidacy may have little impact on the racial wealth divide. The mortgage meltdown has revealed a staggering wage and home ownership gap between white and black Americans, one that has changed little since the height of the civil rights era. [...]

A Celebrated CEO Winds Up the Spin Machine

Retired CEO superstar Jack Welch has a new mission in life: defending over-the-top corporate executive compensation.

Super-Sized CEO Incentives: Behold and Beware

Another celebrated U.S. executive is creating economic havoc, this time in the auto industry. What makes ostensibly smart CEOs act so dumb? We explore how over-the-top rewards play out.