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Obama’s Futile Attempts at Foreclosure Avoidance
If the government wants to spend $75 billion to help troubled homeowners, it would be better off giving a tax holiday to families subject to…
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Can prediction markets help value toxic assets?
Can prediction markets – virtual markets – play a role in valuing toxic assets? A critical obstacle in evaluating the health of financial institutions…
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Marlo Lewis on the Costs of Ethanol
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Flawed Plan Relies on Consumer Spending
After President Obama signs the controversial stimulus plan, which will add on average $8 per week to most paychecks, his administration will have to cross…
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Bad McCarty! Bad!
Will regulators never learn? You can’t force businesses to actively pursue a business model that is unprofitable. Florida’s Governor Charlie Crist and Insurance regulator Kevin…
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Craft Brewers leeched by Oregon Regulators
Why legislators think it is a good idea to put their heels on the neck of the most productive industries is beyond me. Perhaps following…