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  • Wall Street Breakfast: Must-Know News [View article]
    Perhaps the markets are looking at the world, ex-U.S. BRIC GDPs have remained up; Europe is now up. It's just us (and Japan) fumbling along for the past six months.
    Aug 19 09:51 am |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Let's see the general principles for the financial regulatory restructure. Some things seem reasonable - federal regulation of insurance companies, for example. But one big downside would be an expansion of the role of the Fed, which is supposed to be a politically separate guardian of the currency. One of the downsides of the past year is Bernanke's expanded, politicized role. He has done well, but the Fed needs to get back to the basics when this storm passes.
    May 20 14:06 pm |Rating: +3 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Over the past few months we've all become educated on financial system mechanics far beyond what we've had to understand before. I don't know about everybody else, but I'm about out of gas. How could it possibly make sense for the Fed to start guaranteeing loans for students, cars, credit cards, and the like? If houses weren't good collateral, what are they thinking about student intentions? And these are the Republicans!!
    Nov 25 14:35 pm |Rating: 0 0 |Link to Comment
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