Mon 2010-01-04 17:56 EST

Salon.com | Another Goldman executive named to key government post as its profits skyrocket

Glenn Greenwald

A Goldman Sachs executive has been named the first chief operating officer of the Securities and Exchange Commission's enforcement division. The market watchdog says Adam Storch, vice president in Goldman Sachs' Business Intelligence Group, is assuming the new position of managing executive of the SEC division.

com; Goldman executive named; key government post; profits skyrocket; Salon.

naked capitalism Sun 2009-09-13 12:26 EDT

Guest Post: Top Economists Say We Must Break Up the Insolvent Banks (Government Says Let's Make Them Bigger)

George Washington of Washington's Blog

The following top economists and financial experts believe that the economy cannot recover unless the big, insolvent banks are broken up in an orderly fashion: Joseph Stiglitz, Ed Prescott, R. Glenn Hubbard, Simon Johnson, Thomas Hoenig, Neal S. Wolin, Sheila Bair, Anna Schwartz, William K. Black, et al...And yet, the top economic policy makers (Summer, Geithner and Bernanke)...don't want to break up the insolvent giants or even keep them from growing, don't want to reinstate Glass-Steagall, and want to let the banks keep using their same inaccurate models, overseen by the same spineless regulators.

bigger; break; Government Says Let's Make; Guest Post; insolvent banks; naked capitalism; Top economist says.

Mon 2009-04-06 00:00 EDT

Drug Decriminalization in Portugal: Lessons for Creating Fair and Successful Drug Policies

by Glenn Greenwald (Cato Institute); ``ecriminalization has had no adverse effect on drug usage rates in Portugal, which, in numerous categories, are now among the lowest in the EU, particularly when compared with states with stringent criminalization regimes''

Creating Fair; drug decriminalization; Lessons; Portugal; Successful Drug Policies.