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Holiday Wrap up

With the holidays upon us and with the monumental event of health care reform behind us I think is time to wrap up this week’s news before taking the weekend off. Health Care Reform: Obviously the big news has been the long and painful procession towards this morning’s historic vote in the Senate. I will […]

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Health Care Reform Moves Ahead

Even for a skeptic such as myself this is good news. The idea that the Senate Democrats have reached an agreement and have legislation that they can get sufficient votes to pass is a massive step forward for the country. That the bill being proposed lacks many features I would have preferred to see – […]

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Credit Default Swaps

Ugh. In today’s Financial Times Gillian Tett, whose writing I otherwise admire, has an article in which she concludes that sovereign credit default swaps have a useful role to play in international finance. She’s been hanging around with her Wall Street buddies too much. Before your eyes glaze over – alright I admit that’s too […]

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