The 1st Q was a boomer for junk. The best ever – by a long shot. U.S. Leveraged lending reached a quarterly record in…
Here’s How This Week Will Show Whether Bulls or Bears are in Trouble A few years ago I walked around David Stockman’s…
If you listen to the likes of Jeroen Dijsselbloem, (LINK) you might conclude that the problems in Cyprus were all about the big offshore depositors who flooded…
I’m constantly amazed at the things Paul Krugman has to say. This guy is on the top of the list of global economic thinkers. He…
I’m flabbergasted that Cyprus is the cause of the circus in Europe. Cyprus was an avoidable problem in my opinion. That view is supported by…
What an interesting week. Monday brought a wave of righteous indignation over the thought of a haircut for Cypriot depositors, on Friday everyone is cheering…
Reckless endangerment: A culpable disregard of foreseeable consequences to others from the act or omission involved. Bernanke made an interesting comment yesterday about his future…
Stephan Goss, the chief actuary for Social Security (SS) provided a detailed report on the status of the SS Disability Fund (DI) to the House…
A central criticism of the decision to seize a portion of the bank accounts in Cyprus is that the “bite” hits small guys who have…
Let me first (try to) give you a justification for the seizure of bank deposits in Cyprus. Everybody who knows any thing about Cyprus also…
