Financial Reform
Markets Sell off Today, Still Wall Street Wins
The Senate just passed a stupid bill and called it financial reform. [via CBS Marketwatch] The mammoth legislative package — which passed 59 to 39,…
His Cure is Worse than the Disease
I think Senator Dodd’s bill on Financial Reform is no-good, very-bad, ugly bill! I have been investing/trading stocks and options (derivatives) for nearly 20 years….
Enemies from Within
Unless there is a meaningful reform which curbs the influence of the financial sector on the economy and politics, the economy will remain vulnerable to…
Volker: How to Fix the Financial System (Must Read)
I have great respect for Mr. Paul Volker, former Chairman of the Federal Reserve Board. He is widely credited for saving the US financial system…