GM Bailout Success? A Free Market Verdict

Now that Uncle Sam is (ostensibly) getting out of the car business, and reducing its stake in GM to a mere 33%, it’s worth asking: “Were the bailouts a success?”

Rethinking AIG Bonuses

I wouldn’t want to be an AIG executive right now. With all the fuss over the $165 million in bonuses, they rank right alongside Josef Fritzl as the worst criminals society has to offer. Between the “genuine outrage” of the Obama administration, Senator Frank’s call to fire the execs, the issuing subpoenas for the names of the [...]