SEC enforcement in action: http://dealbook.blogs.nytimes.com/2009/07/06/pequots-wien-speaks-out-on-his-firms-closure/ So, during one of the...
The SEC revolving door is like having former ghetto pushers join the narcotics squad to enforce drug prohibition, then going back onto the streets...
Anyone who thinks inadequate futures brokers capital requirements were a cause of this crisis is a moron.
The inevitability of death means that you should be conservative and responsible in your youth, and take more and more risks in pursuit of...
How do I get attached image files to show up in my posts? Thanks in advance to anyone who replies.
Where's the evidence that it was combined commercial and investment banking that caused this? Northern Rock was the first UK bank run in over a...
Banks have good reason not to lend when they are scared, financially weak, and the potential loan recipients look shaky as hell. Some bureaucrat's...
Does this mean the Swedish banks will now lose 100.25% of the money they lent to Latvia?
Haha. I wonder what he will say about Porsche going cap-in-hand for a bail out from their failed stock-pool corner of VW.
It's a shame none of these inflationists are on the market for a house these days :D
So Dennis wasn't averse to fading the trend either? That will put a few knickers in a twist ;) Would it be fair to say his strategy could be...
That would be totally contrary to the US constitution, which founded a *federal* system of government i.e. a collection of states, with the...
In the great depression, US pensioners were bankrupted and made homeless by property taxes based on values at the peak of the boom, which they had...
But markets boom and bust frequently. Market crashes are pretty common. It's rare to have a year where one country, asset class, or sector is not...
Ok I agree with some of what you say, but there's still half empty apartment buildings as a result. The temporarily high bubble prices encouraged...
Sorry, I assumed you welcomed discussion - you're replied to me plenty of times in the past with no sign this was unwelcome - and I had no idea my...
The problem is that people spent $50 mill worth of inputs to build something worth $25 mill, repeated ad infinitum around the country - that's a...
It's obvious - she's joining either The Illuminati, Skull & Bones Society, or Goldman Sachs. Seriously though, I'm a bit stumped by this one....
Agree 100%. There is no getting away from the fact that taking $1 off someone and spending it on activity to create something worth less than $1...
Paying a 15-25% tax only on your capital gains is not exactly a "slave collar". It's the potential taxation after you leave that would be...
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