“And cut!” Politicians and the establishment media are weaving an epic tale of the events that froze the markets five years ago this month and led to massive bailouts of the biggest financial firms. Yet, their retelling of the financial…

In mid-April, before scandals of mass surveillance and political targeting burst on the scene, Bloomberg News published a story headlined, “U.S. Amasses Data on 10 Million Consumers,” which told of a government entity “gearing up to monitor how millions of…

Why not Moody’s? Why not Fitch? Of all the questions raised by the U.S. government’s strange case against Standard & Poor’s — a lawsuit that actually asserts that some of the nation’s largest banks were S&P’s “victims,” and that the…

This review appeared in the April 2006 issue of The American Spectator. To subscribe, click here.