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Austerity and the Economy
The debt deal in Congress is as good as passed. And yet stocks sold off hard yesterday. And today isn’t shaping up to be much … Read more
Who’s Regulating the Regulators?
I’ve spent most of this week railing about Congress’ inability to
realistically deal with 2011… Read more
Debt Ceiling Chicken
The game of “debt ceiling chicken” continues as Congress delayed a vote on Speaker Boehner’s latest plan until tomorrow. Apparently, the GOP… Read more
Should Citi CEO Make $42 million?
Citigroup CEO Vikram Pandit just got a compensation deal that could be worth as much as $42 million. All he has to do is meet … Read more
Citi CEOs Big Payday (c)
Citigroup (NYSE:C) CEO Vikram Pandit is about to cash in. All he has to do is match… Read more
The Government Raids Pension Accounts as Debt Limit is Hit
As expected on Monday, Treasury
Secretary Tim Geithner, announced that the federal government had hit its
debt ceiling…. Read more
What Treasuries are Saying
Google (Nasdaq:GOOG) did not exactly blow it out in the first quarter of the year. It… Read more
Federal Reserve to Reveal ALL Bank Bailouts
The Supreme Court rejected an appeal from the Federal Reserve to keep all
bailout details a secret from the public.
… Read more
The Debt Ceiling
There’s no doubt that the Federal government’s deficit spending is a problem. Deficit spending is expected… Read more