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Washington commissions and hearings are often yawn-inspiring affairs. But this one, officially called the Financial Crisis Inquiry Commission (FCIC), could trigger some fireworks in part because of the severe damage caused by the financial-industry meltdown. What's more, the commission's chair Phil Angelides, a Democrat and former...
Certainly, the financial crisis blame game has been in full swing for some time now. Ever since Lehman Brothers went belly up, people have been debating the financial crisis. But getting to the bottom of what or who caused the foreclosure of millions of homes and trillions of dollars in...
But in the year since the crisis, a number of academics have pretty much refuted nearly every one of those early explanations as being too specific. Some economists have even questioned whether there was a credit crunch. Economic professor René Stulz of Ohio State University, for one, has written...
NABIL ABU RDAINAH, a spokesman for Palestinian Authority President Mahmoud Abbas, after Israel announced plans to build nearly 700 homes in East Jerusalem. The decision prompted criticism from U.S. and E.U. officials
Non-Muslim Malaysians worry that the vehement opposition to the Allah ruling reflects a growing Islamization in a multireligious society. Last October a Shari'a court sentenced a Muslim woman who drank beer to be caned in public; in another incident, in November, Muslims enraged over the construction of a...