U.S. Banks Putting 'Lipstick on a Pig' [View article]
It is not important that the battle (banks getting profitable) be won in the most honorable way as long as the 'win' even if it is by fudging numbers or otherwise, helps fight the bigger war- consumer/business confidence, economy and shareholder value, more effectively.
By 'politically charged' if you mean the lobbyists and the campaign donations, I totally agree. Even if these are removed or their influence eliminated, there is still the element of rampant speculation and the associated bubble that builds up time and again. It is very difficult to ascertain what is the right amount of regulation needed to foster growth whiling keeping excessive gambling and manipulation in check.
U.S. Banks Putting 'Lipstick on a Pig' [View article]
Where the Market Goes from Here [View article]
Thursday Outlook: 'As Advertised' [View article]