The Radford Free Press – Page 513 – All life is problem solving.

Economics / anti-trust, bankruptcy, nationalization, oligarchs, receivership, Salon, Simon Johnson /

Quick Note: Simon Johnson Interview

April 23, 2009

This interview of Simon Johnson by Andrew Leonard in Salon is worth a read. I have quoted Johnson many times here and his blog at Baseline Scenario is always worth a read. The main point to emerge from this interview is that Johnson, an early and persistent advocate of ‘nationalization’, is now preferring to call […]

Economics / Andrew Cuomo, B. of A., bailouts, Bank of America, Ken Lewis, Merrill Lynch, Paulsen, shareholders /

Ken Lewis Must Go!

April 23, 2009

Alright I admit that’s a bit harsh. But he’s done nothing but foul up lately. The Bank of America shareholders meeting next week, on the 29th of April, should be a fun one to sit in on. It appears that our indomitable Ken was coerced by Hank Paulsen, then Treasury Secretary, into going ahead with […]

Economics / accounting, Citibank, credit default swaps, first quarter earnings, Morgan Stanley /

Accounting For (Or By?) Idiots

April 23, 2009

Once in a while you just have to love those accountants. Their image of sober, almost stodgy, propriety and fiscal conservatism belies a wild and radical side most of us simply don’t appreciate. When I was a student at undergraduate school those of us who were not on the mainstream track towards post-graduate economics all […]

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