A Scholar's Take on America's Next Top Model
Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for TheAtlantic.com. More
Thompson has written for Slate, BusinessWeek, and the Daily Beast. He has also appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.
Brian Deese [is] a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.Oh dear.
The worst financial crisis since the Great Depression is about to prompt the most far-reaching renovation of the rules and institutions that regulate finance since the 1930s. And the change won't wait for the economy to recover. The Obama administration is rushing to finish a proposal for reshaping financial regulation and wants Congress to act on it by the fall.
The
current crisis exposed two huge vulnerabilities. One is that a handful
of financial institutions grew so large and so intertwined that the
failure of just one put the entire world financial system at risk.
General Motors said in a regulatory filing on Thursday that it has proposed a new deal to a committee representing many of its largest bondholders, offering an equity stake of as much as 25 percent in the restructured automaker in exchange for not opposing G.M.'s reorganization plan.
The filing also fills out many of the details of that plan, crafted under the eye of the Treasury Department, which would be G.M.'s majority owner once it emerged from bankruptcy protection.
Alexis C. Madrigal
James Fallows
Garance Franke-Ruta
Derek Thompson
Jeffrey Goldberg
Ta-Nehisi Coates
Steve Clemons
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