David Stockman

David Stockman News

  • Dimon Pep Talk Consoles Eric Cantor on Way to Wall Street

  • Stockman Reveals Reputations Don’t Return When Prosecutors Walk

    David Pinkerton had just left his 8- year-old twins at his in-laws’ home in Morristown, New Jersey , when he learned he was no longer a suspected felon.

  • David Stockman: the Next Ron Paul

    David Stockman first came to prominence as Ronald Reagan’s publicity-prone director of the Office of Management and Budget in the early 1980s. In the decades since he was fired from that job, his career in the leveraged-buyout business has been of no great distinction except that it included an indictment for fraud. (The charges were dropped and he paid $7.2 million to settle a civil case brought by the Securities and Exchange Commission.) Now here we are discussing his new book on the corruption of American capitalism, “The Great Deformation.”

  • Stockman KO’s Krugman in Big Fed Brawl

    Because I don’t have -- and have no prayer of ever having -- a Nobel Memorial Prize in economics, this statement is tantamount to blasphemy: Paul Krugman, the Nobel-winning economist and New York Times columnist, is wrong. At least when it comes to denigrating David Stockman’s cogent argument that the U.S. Federal Reserve is fomenting economic trouble.

  • Stockman Warns of Crash of Fed-Fueled Bubble Economy

    The U.S. economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director for President Ronald Reagan.

  • Stockman Thanks Krugman for Boosting Book: D.C. Scene

    David Stockman credits his harshest critic, Nobel Prize-winning economist Paul Krugman, for boosting sales of his new book, “The Great Deformation: The Corruption of Capitalism in America.”

  • Navigant Consulting Sues Stockman Over Forensic Accounting

    David Stockman, the former Reagan administration budget director, was sued by the forensic accounting firm Navigant Consulting Inc. over claims he failed to pay $297,000 for work done for his defense in a fraud case.

  • Republicans Must Regain Fiscal Discipline, David Stockman Says: Tom Keene

    Balanced budgets and an aversion to debt are no longer Republican Party standards, said David Stockman , director of the Office of Management and Budget during the Reagan Administration.

  • Stockman Sundown Belied by Stocks Showing Morning for Investors

    David Stockman’s warning that the Federal Reserve’s quantitative easing is steering the world’s largest economy toward a crash is at odds with nine quarters of job growth, record stock prices and unprecedented corporate earnings, former fiscal and monetary policy makers said.

  • Politics Bring U.S. Close to ‘Class War,’ Stockman Says in NYT

    Bipartisan politics are bringing the U.S. close to class war and deepening the fiscal stalemate, David Stockman wrote in an op-ed article published in today’s New York Times.

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