AIG head’s $3M in Goldman stock raises apparent conflict of...
I received a couple of interesting items c/o my friends at Competitive Enterprise Institute you may not have seen. First is an item from...
Bank Stress Tests, Explained
Gauging a bank’s health by seeing how much capital it would need to get through a deep recession seemed a good idea at the time, says
Foreclosures Hit Record High in Q1
The broadest measure of the current real estate/credit/economic crisis can be found in the foreclosure data. And just how improved is...
Is Recovery Just Around the Corner?
Good Evening: Our capital markets entered Wednesday with heightened concerns about our economy in general and the technology sector in...
SEC: Credit-Rating Agencies Require More Oversight
Ever notice the guys who crash planes into the sides of mountains don’t get to do the review of what went wrong? Same thing with...
Say Hello to “Frannie”
A merger of incompetents: “U.S. regulators seized Fannie Mae and Freddie Mac in September amid a rise in mortgage delinquencies...
Regulatory Malfeasance and the Financial System Collapse
Regulatory Malfeasance and the Financial System Collapse by Joseph R. Mason April 14, 2009 Kotok comment: we are pleased to forward this...
Fmr Secy O’Neil: TARP Goal Deceive Public
As we already knew (and as I wrote in Bailout Nation), the purpose of forcing all the major was to hide the fact that Citigroup was...
Bernanke’s P.R. Offensive
In an effort to explain the government’s handling of the financial crisis to the American public, Federal Reserve chairman Ben...