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Commentary & Opinion

October 21, 2008
Paulson Outlines Capital Purchase Program - Sale of preferred Stock to Government – Restrictions on Executive Compensation


By: Statement by U S Treasury Secretary Henry M. Paulson, Jr.

Washington, DC -- Good morning. As you know, over the last few weeks we have worked aggressively to implement the authorities provided by Congress in the financial rescue package enacted earlier this month. This morning, I will...


October 21, 2008
Observations on Housing, Lending, and Foreclosure Prevention

By: Eric S. Rosengren

Observations on Housing, Lending, and Foreclosure Prevention

by Eric S. Rosengren, President & Chief Executive Officer, Federal Reserve Bank of Boston Citizens’ Housing and Planning Association (CHAPA) 41st Annual Dinner and...


October 21, 2008
Corporate governance becomes hot topic for hedge funds

By: HEDGE FUNDS REVIEW - UK

Corporate governance has been dismissed by some as only for ‘open-toed sandal wearers’, not for the well heeled investors around Mayfair and Connecticut. Some in corporate circles complain the focus on governance has taken the...


October 17, 2008
An Interview with Hank Paulson

By: National Review OnLine -Larry Kudlow

I sat down Wednesday night with Treasury Secretary Hank Paulson in an exclusive interview for CNBC’s Kudlow & Company. The full transcript follows: Larry Kudlow: A very special evening here. The man in the eye of the financial...


October 17, 2008
Many US Corporations Not Paying Taxes At All

By: Huffington Post

In a stunning report released by the United States Government Accountability Office in July 2008, Americans learned that many corporations, including those with assets over $250M, reported no tax liabilities. In fact, from...


October 17, 2008
Finding Opportunity in a Bear Market

By: Knowledge@ Wharton

Despite the rash of bad economic news, the recent 11th annual Wharton Investment Management Conference offered its audience some hope for relief, or at least a few possible bargains, in selected industries. And while no one --...


October 17, 2008
How the Credit Crisis Could Forge a New Financial Order

By: Knowledge@Wharton

As officials worldwide scrambled to contain the spreading financial virus, hopes are rising that the latest government plans to purchase equity stakes in banks may finally offer the right medicine. And with the patient showing...


October 15, 2008
Stabilizing the Financial Markets and the Economy - Bernanke Remarks on Stabilization

By: Wall Street Journal

...The problems now evident in the markets and in the economy are large and complex, but, in my judgment, our government now has the tools it needs to confront and solve them. Our strategy will continue to evolve and be refined...


October 15, 2008
What Do You Think? Workout vs. Bailout: Should Government Take Advantage of the Buffett Effect?

By: Working Knowledge – Harvard Business School

Given the unfolding financial crisis, Jim Heskett asks: To what degree should the U.S. government take advantage of free markets to free them up when they become frozen? Can it employ the "Buffett Effect" to do so? Or is the...


October 15, 2008
Sends a Strong Message to Consumers, Businesses, and the Entire Financial System

By: U.S. Comptroller of the Currency John C. Dugan

WASHINGTON —The combination of actions announced today by the U.S. government – a guarantee of bank credit, extension of federal deposit insurance to all bank transaction accounts, and the willingness to invest in the stock of...


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