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    Economics / banking, Bernanke, commercial real estate, Federal Reserve Board, Geithner, Goldman Sachs, Paul Volcker, Volcker Rule /

    Obama and The Banks: Part 2

    January 22, 2010

    Well Obama came out swinging. Not quite hard enough for my taste – I remain a hard liner when it comes to the banks – but at least there was a hint of anger and a suggestion of a willingness to fight. That is a pleasant change from the insipid and muddled approach we had […]

    Economics / jobs, unemployment /

    Jobs: A Turn For The Worse?

    January 21, 2010

    Last week I tried to make sure we stayed calm in the face of a unemployment claims report that was worse than expected. I repeated my mantra: watch the trend not the weekly data. Whoops. This week’s report adds to the bad news. Apparently new claims jumped last week by 36,000 to 482,000. Wall Street […]

    Economics / bailouts, bank reform, banking, Bernanke, deficits, Federal Reserve Board, Geithner, Goldman Sachs, Obama, Reagan /

    Obama and Banking: Another Bust?

    January 21, 2010

    The cynic in me wants to begin by asking: will he screw this one up as well? But, I should think more positively and at least attempt to be pleased with the gruel the White House keeps packaging as gourmet food. We cannot get into a discussion of the latest rumors about finance reform without […]

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