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Commentary & Opinion
August 21, 2013 How Not to Stay on TopSource: Joe Nocera, NY Times
In the late 1970s and early 1980s, the dominant computing device used in corporate America was a word processor made by Wang Laboratories. The company’s founder and chief executive was An Wang, a brilliant Chinese immigrant who...
Source: ERIS Blog
In recent months there has been something of a rethink regarding Britain’s energy policy, with the UK government’s stated intention to offset declining North Sea gas reserves with an energy programme, involving leading energy...
August 20, 2013 Oversight Board Faults Broker-Dealer AuditsSource: Floyd Norris, NY Times
Auditors performed complete and correct audits of at least three brokerage firms last year, the Public Company Accounting Oversight Board said Monday. That amounted to only 5 percent of the 60 audits reviewed by the board, but it...
August 19, 2013 The Problem With Wiggle Room in SecuritiesSource: Gretchen Morgenson, NY Times
To veterans of Wall Street, the details that emerged in last week’s criminal complaints against two former JPMorgan Chase traders didn’t exactly shock. Over the years, countless traders have misrepresented the values of the...
August 15, 2013 Don’t Kill Fannie MaeSource: Joe Nocera, NY Times
Could it get any worse for Fannie Mae and Freddie Mac? Last week, even President Obama joined the growing chorus of those who want to put them out of business.
August 14, 2013 Austerity: It Saved Greece and It Will Save America, Too
PolicyMic - To protect workers from being thrown out when a rival party came to power, virtually iron-clad job protections for government workers were enshrined in the constitution. Though it was very rare for a government worker...
August 13, 2013 Can the Fed wind down its stimulus without hurting the economy'
The Week Magazine - s the the five-year anniversary of the 2008 financial crisis approaches, the Federal Reserve is toying with the prospect of phasing out its giant monetary stimulus plan, in which the central bank buys $85...
August 12, 2013 The Housing Market Is Still Missing a BackboneSource: Gretchen Morgenson, NY Times
IN a speech in Phoenix last Tuesday, President Obama finally entered the debate over the future of United States housing policy. But his talking points offered few details about how to reduce the government’s giant footprint in...
August 12, 2013 U.S. Companies Thrive as Workers Fall BehindSource: Floyd Norris, NY Times
AMERICAN companies are more profitable than ever — and more profitable than we thought they were before the government revised the national income accounts last week. Wage earners are making less than we thought, in part because...
August 9, 2013 Fabrice Tourre: Poster Boy for the Great RecessionSource: Larry Checco
At last! The Securities and Exchange Commission is offering us a poster boy, someone symbolic of all that went wrong leading up to the Great Recession.
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