In fifty years, when historians look back upon the current era of unbridled financial sector influence on American government—unless all historians are by then employed at CitiBankofAmericaChaseOne Institutions of Higher Learning™—Wednesday’s…
(via AFP) Have Primary Dealers Built a Muddle Through Scenario?Bond Market Has Mitigated Some of the Risk, But Don’t Go To Sleep Troubled Spanish bank…
The cost of Greece exiting the euro would be unmanageable and probably exceed the 1 trillion euros ($1.25 trillion) previously estimated by the Institute of…
The League of Ordinary GentlemenJP Morgan's rally lifts financial sectorMarketWatchNEW YORK (MarketWatch) — Shares of JP Morgan Chase & Co. rose almost 5% on Tuesday, leading financial stocks higher as they began to rebound from a bruising se…
JPMorgan a Buy; Rumors of Trouble Are a 'Farce': BoveCNBC.comJPMorgan Chase is one of the best banks in the US, with some of the best managers in the industry, and one trading error will not change that, Richard Bove, vice president of equity r…
(via AFP) Have Primary Dealers Built a Muddle Through Scenario?Bond Market Has Mitigated Some of the Risk, But Don’t Go To Sleep Shares in Spain’s…
Jitters over whether Greece will be forced out of the euro have turned the focus of policymakers in recent days on whether Greece is on…
by Peter Orszag “In a speech last month about the financial crisis, Federal Reserve Chairman Ben S. Bernanke trenchantly noted that the initial losses from…
Earlier this year the Fed proposed new rules that would limit banks’ exposure to each other even more than the Dodd-Frank reforms, coming into force next year,…
America is just going through the motions because we have no other choice–or so we believe.
I have long thought that America Is Just Going Through the Motions–of caring about the deficit, of financial “reform,” and everything else:
Let’s…
