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Al Lewis Archive

  • The Cyprus Solution for America

    Published March 20, 2013

    Call it the Cyprus Solution: A bankrupt nation with an insolvent banking system lives yet another day by confiscating the assets of its savers.Why not try the same thing here in a nation closing in on $20 trillion in debt?

  • Maybe AIG Got the Bailout It Had Coming

    Published March 15, 2013

    At a time when the nation is freaking out over $85 billion in sequester cuts, the ex-CEO of AIG wants more than $55 billion because the government didn't bailout his company enough.

  • SEC Nails Squeezy the Pension Python

    Published March 13, 2013

    On Monday, the SEC announced it settled securities fraud charges with Illinois. The state agreed to pay no fine, admit no guilt, and never again do what it didn't admit to doing in the first place.

  • When You Say Budwater, You've Said It All

    Published March 06, 2013

    Americans are willing to suffer declines in income, net worth, lifestyle, health, and even the integrity of their corporate and political leaders -- but one thing they will not tolerate is a decline in alcohol.

  • Too-Big-to-Fail is Too Big to End

    Published March 01, 2013

    Fed Chairman Bernanke gave only hedged assurances that too-big-to-fail would not live on as a fundamental rule of banking or even just a market perception.

  • Office Depot, OfficeMax Having Office Affair

    Published February 22, 2013

    Office Depot and OfficeMax have been confusing each other's customers for years.

  • Genocide Survivor Banking on Humanity

    Published January 30, 2013

    Mirsada Buric, a financial services advisor at BBVA Compass bank in Prescott, Ariz., knows firsthand that being rich has nothing to do with how much money you have in your bank account.

  • Erskine Bowles Fighting Debt Until the Death

    Published January 23, 2013

    Erskine Bowles has been preaching about the nation's exploding debt for years. Does anybody hear him?

  • Gun Control is Knowing Where You Left Your Gun

    Published January 18, 2013

    As recent history shows, gun owners forget where they've put their weapons more often than you might believe.

  • Wrongfully Foreclosed Woman Must Battle Giants

    Published January 11, 2013

    Seeking advice on her mortgage, Caylin Crawford called U.S. Bank for some help with her mortgage and was told the bank couldn't do anything until she defaulted on her payments. When she stopped paying, the bank didn't modify her mortgage -- it foreclosed on her home.