The Pentagon's $1 Trillion Problem

The Defense Department has spent billions to fix its antiquated financial systems. So why does the Pentagon still have no idea where its money goes?

Apr 14 2008

The Most Toxic Business in America

The Army's plan to destroy the nation's Cold War nerve gas stocks has bloated into a $36 billion debacle. And some companies are getting burned.

Oct 15 2008

Pentagon Corruption Probe Widens

Contracts worth as much as $6 billion—twice the amount previously acknowledged—are being reviewed for evidence of corruption. As much as $88 billion in work is being audited for "irregularities."

Sep 21 2007

Have Companies Forgotten the 9/11 Memorial?

Three charities still have to raise millions to finish monuments to the nearly 3,000 who perished on 9/11, but they are in a race against time, apathy, and one another.

Aug 13 2007

Have Companies Forgotten the 9/11 Memorial?

Three charities still have to raise millions to finish monuments to the nearly 3,000 who perished on 9/11, but they are in a race against time, apathy, and one another.

Aug 13 2007

Weapons of Mass Production: Extended Essay

As the debate rages over the ultimate cost of the Iraq invasion, we look at some of the companies that are getting combat pay. An extended essay.

Apr 13 2007

The E Team

Now we know who will advise President Obama on economics. But what will they actually do?

Nov 24 2008

The Audacity of Hype

An inside look at how Obama's much-touted ban on campaign contributions from lobbyists has really worked.

Sep 18 2008

Uncle Sam the Shareholder

Getting used to the idea that the government will own our banks.

Oct 12 2008

Defending TARP

Treasury acknowledges difficulty of isolating the effect of the billions in bailout payments to banks, but contends they prevented disaster.

Dec 31 2008

Sign of a Bottom?

A successful short now goes long on mortgages.

Nov 18 2008

The Blurry Bailout

What we still don't know about how the $700 billion will be spent: Pretty much everything.

Oct 13 2008

Larry Summers

The former Treasury secretary and Harvard president opines on Obamanomics, Frannie, Alan Greenspan, and academic politics.

Sep 11 2008

Requiem for a Friend

Why the Supreme Court should uphold gun bans—even stupid ones.

Jan 14 2008

A Russian Payout, With Love

The Pentagon inked a $97 million deal with a Kremlin-tied nonprofit. And now an FBI investigation wants to know how former Congressman Curt Weldon figures in all of this.

Jun 12 2008

T.A.R.P.: Tearing Apart the Rescue Plan

Congress grills Treasury assistant secretary Neel Kashkari over his execution of the $700 billion bailout. 

Dec 10 2008

The $3 Trillion Budget

Bush proposes a 7.5 percent increase in defense spending.

Feb 04 2008

And the Winner Is...

Portfolio.com readers had it right: Tim Geithner for Treasury.

Nov 21 2008

The Auto Wreck

To avert bankruptcy and more economic turmoil, White House pledges help.

Dec 12 2008

Thanks, Hank

Treasury pledge saves deal for Morgan Stanley.

Oct 13 2008

Running on Empty

The governor of California calls for a national clean-energy policy that could break our oil dependency.

Sep 18 2008

Are You Stimulated?

Construction and technology firms are likely to reap a windfall from anticipated federal stimulus plan. But what about unions? And are any "tennis centers to nowhere" likely to come?

Dec 22 2008

Naomi Klein

As a financial crisis rocks the world economy, one of capitalism’s sharpest critics gives her views on Iraq, Milton Friedman, Obama, and living with contradictions.

Jul 24 2008

The Phony Populist

Why business shouldn't fear Edwards.

Dec 17 2007

Corporate Politics

These days, it's a short leap from politician to businessman—and vice versa.

Aug 12 2008

Enemy of the State

Robert Amsterdam is defending the man who was once the richest oligarch in Russia. The inside story of how an attorney from the Bronx landed one of the biggest corporatefraud cases in history—and is taking on the Kremlin in the process.

Jul 16 2008

Smoking Out the Smugglers

Can a new global agreement stem the growing trade in contraband tobacco?

Oct 29 2008

Weapons of Mass Production

A gallery of the merchandise of war that the government is spending $8 billion a month to buy, with an essay by John Hockenberry.

Apr 16 2007

The New New TARP

Paulson shelves his original plan for the $700 billion, but how the rest gets spent is still anyone's guess.

Nov 12 2008

Worst of Times

Most economists predict a recovery late next year. Don’t bet on it.

Nov 11 2008