The Radford Free Press – Page 453 – All life is problem solving.

Economics / auto sales, Bernanke, consumption, exports, imports, recession, recovery, retail sales, trade balance, unemployment /

Retail Sales

September 15, 2009

We don’t need to dwell too much on today’sretail sales report: they jumped 2.7% in August. Yes, they are still 5.7% below where they were a year ago, but the growth is both solid and good to see. Or is it? Well … over half the growth came from auto sales where the ‘cash for […]

Economics / B. of A., bailouts, banking, Goldman Sachs, JP Morgan Chase, Lehman, Morgan Stanley, regulation /

Lessons of Lehman

September 14, 2009

Were there any? This past week we have been treated throughout the press to a barrage of post-mortem articles about the significance, and otherwise, of the collapse of Lehman Brothers. That collapse produced the largest bankruptcy in American history and will provide a healthy living for attorneys worldwide for years to come. The major thrust […]

Economics / banking, bankruptcy, capital ratios, Fama, Federal Reserve Board, Geithner, Minsky, monetary policy, regulation, Tobin tax /

Comments To Tim Geithner

September 11, 2009

Mr. Secretary: Thank you for giving me this opportunity to present my comments and suggestions regarding the potential reform of the US banking and financial system. Let me preface my comments by thanking you, your predecessor, and the Chairman of the Federal Reserve Board for the decisive and apparently successful efforts you made to remedy […]