Blog
Deregulation Wasn’t to Blame for Financial Crisis
Even the reliably-liberal BBC says that deregulation wasn’t the cause of the financial crisis. Other liberal journalists like Washington Post columnist Sebastian Mallaby have…
Blog
EverBank Can Multiply Your Financial Woes
Is any of our readers an expert on banking laws and customs? The reason I ask is that recently, EverBank World Markets, after agreeing to…
Blog
Neither carrots nor sticks II
Further to my earlier post on Latin America, The Wall Street Journal‘s Mary O’Grady points to a good way for the U.S. to…
Blog
Neither carrots nor sticks
Few things are as exasperating as watching two sides argue — and neither rise above being half-right, at best. Still, the resulting exchange in this…
Blog
The Bailout will cost 20% of the entire current budget
My Calculations: The 2007 federal outlays from fiscal year 2007 were 2.73 trillion. The 700 billion is to be allocated before Dec 31, 2009…
Blog
Lehman Bros hearing — Rep. Maloney blames deregulation, ignores her own role as Fannie’s enabler
At the hearing being held today by the House Oversight and Government Reform Committee, in which former Lehman Brothers CEO Dick Fuld is now…