Frederick Sheehan
Frederick Sheehan's Latest Articles | 47
“Do you Think Bernanke is J.P. Morgan?”
On July 13, 2011, Federal Reserve Chairman Ben S. Bernanke was questioned by members of the U.S. House Financial Services Subcommittee on Domestic Monetary Policy. Chairman... Read »
Central Falls Leads the Field
Despite the band aids, the trend towards insolvency continues. Central Falls has reached a dead end. Applications are manifold. Central Falls, Rhode Island faces... Read »
The Euro and You
Greece may seem a long way from Newport Beach, California. Well, it is. But, we live in the global village, or some other dim construction. In his June 16, 2011,... Read »
The Education Gap
On June 22, 2011, the Federal Open Market Committee (FOMC) concluded a two-day meeting. This was followed by the obligatory press release. That statement was followed... Read »
Inflation Asides
A note from a reader: In 1977 I accidentally ran into a high school friend of mine who had taken an advanced degree in mathematics and statistical analysis. He was... Read »
Sick Minds
DOW JONES NEWSWIRES – June 22, 2011 – “Lawmakers are considering changing how the Consumer Price Index is calculated, a move that could save perhaps... Read »
The Consumption Bust
There is no end to the indicators showing the consumer is up against it. Negative home-equity, incomes, layoffs, food inflation – oh, this is tale of woe.... Read »
Playing Old Maid
When my youngest sister was four-years-old, we taught her how to play Old Maid. She learned quickly but played the game like – a four-year-old. When she... Read »
The China Trade
In an Undercollateralized World concluded by quoting Michael Lewitt. Lewitt, the proprietor of Harch Capital Management in Boca Raton, Florida, wrote in the May... Read »
In an Undercollateralized World
The world is undercollateralized. This is the single most important feature of the 2011 economy. Sixty years ago, if assets were worth less than loans, it was... Read »







