Dodd Bill Allows Wall Street Firms for ‘Backdoor Bailouts’
Sheila Bair, chairwoman of the Federal Deposit Insurance Corp., raised ’serious concerns’ about a provision in the financial reform bill, released this... Read »
Greek PM Gives Germany and EU Aid Deadline
Bloomberg reports that Greek Prime Minister George Papandreou has called for a clear rescue mechanism for Greece and has set a one-week deadline for the EU to come... Read »
Dissecting the FOMC Statement
Here is my dissection of the March 16 Fed Statement FOMC Statement March 16, 2010 Information received since the Federal Open Market Committee met in January suggests... Read »
Geithner Says There is “No Way” the U.S. Will Lose its ‘AAA’
Treasury Secretary Timothy Geithner said the U.S. isn’t in danger of losing its gold-plated credit rating, arguing that policymakers just need to show that they... Read »
EU Agrees to Bailout Greece
It’s official. The EU is set to bail out Greece as key EU partners come to the aid of the stricken Greek economy and take the first step towards European economic... Read »
Mexican Tycoon Carlos Slim is The World’s Richest Man
Carlos Slim Helu is the wealthiest person on earth, according to the 2010 Forbes list of the World’s Billionaires. The 70 year old Mexican tycoon who controls... Read »
Charles Calomiris: ‘The Real Concern Right Now Should Be on Italy’
Charles Calomiris, a Columbia University economist who was the first to predict Argentina’s sovereign debt crisis, talks in this Bloomberg interview about... Read »
Gasparino on Who’s Behind Lucas V. Praag’s Tweets
FBN’s Charlie Gasparino reports that after months of a massive wave of negative publicity, Wall Street’s most profitable firm Goldman Sachs (GS) is... Read »
Government Can and Should Create Jobs
In a town in a country suffering through a recession, a wealthy person just happens to live next door to an unemployed worker. The worker has experience in a variety... Read »
Germany Considers the Creation of a European Monetary Fund, IMF Model
German Finance Minister Wolfgang Schaeuble told the weekly Welt am Sonntag that given the acute financial problems facing Greece ; the Eurozone should give proper... Read »





