Money and Finance
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- Where Bank Regulators Go To Get Rich – By William D. Cohan
Mary Schapiro, the former chairman of the Securities and Exchange Commission, must take us for fools. No need to worry about her and the so-called revolving door between government and Wall Street, she told the Wall Street Journal on April 2, after announcing...
- Warren Stephens: How Big Banks Threaten Our Economy
As of this past January, any bank operating in the United States with more than $50 billion in assets must have the business equivalent of a living will—plans for what to do in the event of catastrophe. Every well-managed business should have contingencies...
- Banks Start 2012 With A Bang. Why?
Andrew Boord, whom I interview for this blog a couple of years ago (HERE), was quoted in this article. The problem that investors have with the largest banks is that even if you have an MBA or Ph.D in economics, it's difficult to ascertain the true...
- Hussman Weekly Market Comment: More Than Meets The Eye
Our overall impression is that the weakness we observed in the markets last week, particularly given the heavy damage to market internals, may convey more information than simply concern about the debt ceiling. There seems little doubt that investors...
- Weekly Roundup - September 22, 2012
This week had me busy with work and therefore slow for the blog but I still found time to read some fellow blogger's thoughts. So here's the roundup for this past week. YOLO - Dividend Mantra had a great post about why he's saving and investing...
Money and Finance
Sheila Bair: 5 Steps Obama or Romney Must Take to Fix Wall Street
Found via The Big Picture.
The former head of the FDIC warns that the financial system remains far from stable – and that regulations like the Volcker Rule may be too complex to be effective. These five steps, she suggests, could lead to more sensible reforms.
The five steps mentioned in the article, without the elaboration:
1. Break up the “too big to fail” banks
2. Publicly commit to end bailouts
3. Cap leverage at large financial institutions
4. End speculation in the credit derivatives market
5. End the revolving door between regulators and banks
- Where Bank Regulators Go To Get Rich – By William D. Cohan
Mary Schapiro, the former chairman of the Securities and Exchange Commission, must take us for fools. No need to worry about her and the so-called revolving door between government and Wall Street, she told the Wall Street Journal on April 2, after announcing...
- Warren Stephens: How Big Banks Threaten Our Economy
As of this past January, any bank operating in the United States with more than $50 billion in assets must have the business equivalent of a living will—plans for what to do in the event of catastrophe. Every well-managed business should have contingencies...
- Banks Start 2012 With A Bang. Why?
Andrew Boord, whom I interview for this blog a couple of years ago (HERE), was quoted in this article. The problem that investors have with the largest banks is that even if you have an MBA or Ph.D in economics, it's difficult to ascertain the true...
- Hussman Weekly Market Comment: More Than Meets The Eye
Our overall impression is that the weakness we observed in the markets last week, particularly given the heavy damage to market internals, may convey more information than simply concern about the debt ceiling. There seems little doubt that investors...
- Weekly Roundup - September 22, 2012
This week had me busy with work and therefore slow for the blog but I still found time to read some fellow blogger's thoughts. So here's the roundup for this past week. YOLO - Dividend Mantra had a great post about why he's saving and investing...