Blog
Basel III Cliff May Be Averted, But Dangers Still Loom For Main Street Banks
After numerous criticisms from U.S. community banks and lawmakers of both parties, the international committee in charge of the Basel III bank capital agreement…
Blog
GM Stock Sale Doesn’t End Damage Of Government Motors
Below is my statement released today on the government’s planned 15-month sale of its remaining General Motors stock: On Wednesday, the government announced a plan to sell its…
Blog
Intrade Is Only The Latest CFTC Outrage
Every so often, a government agency will do something so outrageous it will shock even even everyday critics of "big government," as well as draw…
Blog
Good Riddance! — SEC’s Schapiro Sabotaged Startup Law Supported By Obama
When President Obama appointed Mary Schapiro to head the Securities and Exchange Commission four years ago, I kept an open mind and was even cautiously optimistic.
Blog
The Basel Cliff — Basel III’s Poisonous Recipe For The Economy
As if the "fiscal cliff," with its prospects of looming tax hikes, were not enough, big and small banks—and in turn consumers and businesses who…
Blog
Chrysler And The Cratering Credit Rating Of Fiat
My piece yesterday in The Daily Caller, "The Real Fiat Scandal," spotlights the real threat to Chrysler's prospects in the immediate and long term: Fiat's cratering…