J-Man

Will the U.S. Make Money on the Bailout?

Why didn't Paulson insist on some controls on the banks, particularly with respect to dividend payouts and bonus payouts. Morgan Stanley and goldman Sachs were each given an infusion of about $10 Billion from the government as part of the 9 institutions who were told to take the money - it so happens that $10 Billion is just about what Goldman and Morgan Stanley will each pay out at the end of this year in bonuses to their bankers and traders. Why are we funding their bonuses??? At any other company, if they don't have the money to pay bonuses, they wouldn't get bonuses. This makes no sense, and once again shows Paulson to be a fool.

The Case for Shorting Long Dated U.S. Treasuries

Would you not also want to buy TBT under this scenario?

CNBC's Gasparino Problem

This writer Salmon writes wonderful comedy. While masquerading as a former reporter with Euromoney and therefore presumably objective, he provides nothing but U.S. Democratic and U.K. Labour Party talking points. Does anybody really think bringing the world back to the wacky Keynesian policies of the 60's and 70's is a good thing for the global economy? Does anybody remember pre-Thatcher Britain or the 1970's in the U.S., when all the governments could do is spend money in recession after recession, to no avail. And this Salmon fellow thinks that somehow Gasparino is over the top because he has the nerve to suggest that raising might be negative for economic growth. Does anybody read history anymore?