Barney Frank has been interviewed by perhaps dozens of MSM journalists in newspapers and on news programs, yet it was a student at Harvard University who had the guts to ask him a hard question. Perhaps now that it’s been asked in public, someone from the MSM will follow up on it and maybe, just [...]
Last week, the President invited the heads of several banks to the White House for a little sit-down meeting during which he reminded them that he, like fellow Chicagoan Al Capone in The Untouchables, has enthusiasms. So, what are Barack Obama’s? What is that which brings him joy? Well, it sure as heck isn’t baseball. [...]
Last week, the President invited the heads of several banks to the White House for a little sit-down meeting during which he reminded them that he, like fellow Chicagoan Al Capone in The Untouchables, has enthusiasms. So, what are Barack Obama’s? What is that which brings him joy? Well, it sure as heck isn’t baseball. [...]
It looks like, finally, the Financial Accounting Standards Board is going to relax that “mark to market” rules that have been one of the major impediments to (and cause of) the bank credit crisis. On the whole, I think it’s a good move. If banks aren’t forced to artificially peg the value of their assets [...]
My newest post is up at the American Issues Project group blog (A name! We need a name! Something catchy, I should think). Here’s a taste: Have you been enjoying the performance of Barack the President? Well, get ready for Barack the Corporate CEO. The President staged what I am hard-pressed to describe as anything [...]
You may all now breathe that sigh of relief you were holding. But just in case there are still nagging doubts, let me say it as plainly as I can — if you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always. [...]
You may all now breathe that sigh of relief you were holding. But just in case there are still nagging doubts, let me say it as plainly as I can — if you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always. [...]
Thus far, we’ve only really heard one side of the AIG bonus story – the side being advanced by the ignorant or malicious lawmakers who have very effectively demonized the employees who received so-called bonuses for their work last year. Now, one of those employees has written an open letter to AIG’s CEO that was [...]
Financial genius, noted tax cheat, and Treasury Secretary Tim Geithner has unveiled his new plan for solving the credit crisis and pulling the country up from its recession. He wants to buy up the toxic assets that are clogging up financial institutions. That’s not a terrible plan at its core. One of the biggest problems [...]
It looks like the President has lashed Tim Geithner to the mast like an unwilling Ancient Mariner and is steering our economy right into Charybdis’ gaping maw*. At least the President made himself recession-proof by signing a big, fat deal worth half a million dollars not to write a book just before he took the [...]
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