In AIG Case, Panic Gets a Slap on the Wrist
After seven years, the federal government has finally received its comeuppance. U.S. Judge Thomas C. Wheeler gave the Federal Reserve a...
Judge Wheeler: Fed Overreached with AIG, but No Damages
This is an amazing decision; you should read the entire thing! “The main issues in the case are: (1) whether the Federal Reserve...
The Delusional Dick Fuld
Richard Fuld, the former chief executive officer of Lehman Brothers, is the Shaggy of finance. On the cause of the financial crisis and...
Institutional Recidivism
Dissenting Statement Regarding Certain Waivers Granted by the Commission for Certain Entities Pleading Guilty to Criminal Charges...
Past, Present, and Future Challenges for the Euro Area
Past, Present, and Future Challenges for the Euro Area Vice Chairman Stanley Fischer At the ECB Forum on Central Banking conference...
Druckenmiller: Look for Three Market Surprises in 2015
Stan Druckenmiller is betting on the unexpected. With one of the best long-term track records in money management, he is anticipating...
“I come not to bury bonuses, but to praise them”
I come not to bury bonuses, but to praise them. Yesterday the New York State Office of the Comptroller released itsannual report. The...
Fed Gives Congress Room to Shirk Resposibility
Fed Gives Cover to Bumbling Congress By helping to prevent a depression after the financial crisis, the Federal Reserve gave the...
Rap Battle: Yanis Varoufakis vs Dijsselbloem & Merkel
Hilarious (Click settings for English captions): RAP BATTLE [English + GREEK SUBS] – Dijsselbloem vs Βαρουφάκης...