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    Economics / Federal Reserve Board, Goldman Sachs, regulation /

    Goldman Sachs: Connections Run Amok?

    May 4, 2009

    Here’s is a little reported story worth keeping an eye on: some people are concerned about the extent of Goldman Sachs reach into our regulatory and legislative process. I know that’s not real news. Anyone who followed the AIG debacle closely would have seen the apparent preferential treatment Goldman received from the Paulsen Treasury. With […]

    Economics / stock market /

    Stock Market Fizz

    May 4, 2009

    I don’t usually talk about the stock market. It has very little to do with the real economy. The old adage that the market has predicted six of the last four recoveries is entirely apposite. Still even I find it hard not to notice the current run up in stock prices. The question being asked […]

    Economics / B. of A., bailouts, banking, Citibank, stress tests /

    No Stress? No Sweat!

    May 4, 2009

    The flood of leaks related to the bank stress tests due to be released this week has me thinking: why? Why, that is, are we getting treated to an almost daily series of ‘off the record’ and ‘unofficial’ flow of information about them? It makes no sense. Unless the administration wants to dull our faculties […]

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