JPMorgan debacle points to regulatory incompetence, corruptionUPI.comBy PETER MORICI, UPI Outside View Commentator COLLEGE PARK, Md., May 31 (UPI) — US President Barack Obama is shameless to cite JPMorgan Chase's $3 billion trading loss as evidenc…
David Stockman, former Director of the White House Office of Management and Budget during the Reagan Administration, has in recent years become a prominent and…
Transcript available, later Friday 25th.
Former SEC chief accountant Lynn Turner talked straight, and it’s really hard to duck the implications. Guy says 1000 prosecutions after S&L crisis, vs. just 39 after the 2008 meltdown. Says prosecutors, at…
Krugman thinks we should tackle the debt and deficit problem later, when the economy is on more solid footing. He points to record-low interest rates as a sign that the world is still willing to lend us as much money as we want, practically for noth…
Interesting read from Bill Bonner at The Daily Reckoning….
12/09/10 Baltimore, Maryland – The news yesterday was all about the tax deal. Did President Obama drop the ball completely? He was against extending the tax cuts. How come he caved in?…
UK Budget, Feels “Like an Amputation”
The UK took a chainsaw to its budget to the tune of roughly $120 billion. Unlike the US, the nation feels obliged to implement a few austerity measures that may lend some credibility to its AAA credit rating d…
