Those who believe the financial meltdown was a one-off fluke and that lessons have been learned to prevent a re-occurrence, need to think again. Derivatives operations bedevil the world economy today.
Undue corporate influence over U.S. elections has been a serious problem in American politics, but this year's Supreme Court ruling in Citizens United v. Federal Election Commission made things worse.
Next week, the debate over financial reform will begin in earnest when Congress returns from its Easter break.
Now that trillions of taxpayer dollars have been pumped through the financial system, Wall Street giants JPMorgan and Goldman Sachs are reporting record profits -- and giving out record bonuses.