Monthly Archives: December 2008

How Madoff did it

The Ponzi fraud made fools of his investors, Wall Street, and federal regulators. by Alyssa A. Lappen FrontPage Magazine | Dec. 22, 2008 “The fool is obstinate, and doubteth not; he knoweth all things but his own ignorance.” — Akhenaten … Continue reading

What fate for the Big Three?

Michael Savage Interview Radio appearance | Dec. 16, 2008 Alyssa A. Lappen describes Chapter 11. Filing for court protection and reorganization—invented to save 19th railroads and prevent them from literally melting down and scrapping the rails—may give the U.S. auto … Continue reading

Three for Chapter 11

by Alyssa A. Lappen FrontPage Magazine | Dec. 15, 2008 As North America headed into the 2008 Winter Solstice, economists darkly predicted that U.S. unemployment would rise from a current 6.7 percent to 8.1 percent by December 2009. On average, … Continue reading

Hugging Shari’a finance at the Fed

How tough is Obama’s new economic tough guy? by Alyssa A. Lappen Frontpage Magazine | Dec. 10, 2008 The first market day after President-elect Obama announced plans to appoint Federal Reserve Bank of New York president Timothy Geithner as Secretary … Continue reading