elcopone

FDIC Regulation: Reason for Alarm

I think your title does not accurately portray the point you you are making and is misleading. While I agree with you are saying specifically about the FDIC, this is not financial "regulation". I believe true financial regulation is needed to ensure that:

a) no bank or instititution is ever allowed to be "too large to fail"
b) markets are not being manipulated
c) Madoff schemes are not allowed to happen
d) executives are not being given billions of dollars for poor performance

and many other reasons. But to imply that all financial regulation is wrong because of this FDIC example is just rediculious. Regulation, like everything else, needs to be done carefully and thoughtfully.

Financials: How - And When - We Reached the Bottom

Good points DSB and good article Tom. I do however agree more with DSB. Any analysis of the financials without taking into account the macroeconomic picture is in my opinion, worthless. The underlying problems as to why the financials got into this mess have not been cured.