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Commentary & Opinion
November 23, 2013 The New Normalcy: Lawrence Summers & Paul Krugman’s Pall on ParadeSource: Peter D. Kinder
No administration was more tumultuous than Woodrow Wilson’s second (1917-21): World War I entered and won; the fight over the League of Nations; Prohibition’s start; the influenza pandemic; the Red Scare and dragnet; women got...
November 12, 2013 President Obama Clearly Never Worked For Goldman SachsSource: Forbes
To put it very plainly, any legislation that promises more of a market good at a below market price is by definition a very expensive lie.
Only 22 percent of Americans trust the financial system. Despite a broad stock market rally since the financial crisis officially ended, public distrust of banks and investment banks has not fully abated," says reputation...
October 31, 2013 Behind the TradeSource: Tim Quast, President, ModernNetworks IR LLC
When stocks rise in price, we figure there must be more buyers than sellers. When they decline, the opposite must be true. You laugh, yes. But how do shares get on shelves in the first place?
October 22, 2013 Thoughts About the JP Morgan Case
econintersect.com - This was written after reading about the reported $13 billion dollar settlement for JP Morgan Chase for fraudulent mortgage securities activities. Well, without trying to sound pornographic about it, size per...
October 22, 2013 4 Reasons the SEC's New Ratio Test Will Not Decrease CEO PaySource: Huff Post
On September 18, the SEC announced the proposal of a rule intended to increase disclosure of executive compensation as part of its ongoing effort to curb the growth of CEO pay. The new rule, promulgated under Section 953(b) of...
October 21, 2013 How to Pay Millions and Lag Behind the MarketSource: Gretchen Morgenson, NY Times
Today’s low-interest-rate environment has made the hunt for investment income tougher than ever. Many overseers of public pension funds, desperate to bolster returns and meet ballooning retiree obligations, have turned from...
Source: Business Insider
Deal done! Lesson 1. There will be no default. Disgraceful, divisive Democrats and ridiculed, repugnant Republicans, who share blame equally for this horrendous example of poor governance, are aware that the country must not...
October 18, 2013 Misleading Numbers on 401(k)’sSource: Floyd Norris, NY Times
Are you upset about what happened to your 401(k) account during and after the financial crisis? Perhaps you shouldn’t be, says a trade group for the companies that manage those accounts.
October 17, 2013 The Bloodlust of Pundits Swirls Around Jamie DimonSource: NY Times
Jamie Dimon should be fired. That seems to be the conclusion of some in the pundit class about JPMorgan Chase’s chairman and chief executive. Writers, editors and bloggers have made it clear that they want his scalp: “NOW Are We...
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