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Insolvent Banks … Again!

One of the pieces of information making the rounds on the internet this weekend was the commentary from the New York Times DealBook Blog here: Bank Capital Problems. They cite a report from CreditSights that allows us to get to the bottom of the big bank solvency question. Let me repeat the numbers. Estimated credit […]

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Stimulus Passes Step One

One of the remarkable things about the stimulus debate is that it has devolved into a simple partisan stand off. I happen to think partisan politics is healthy since it gives voters a clear choice. Yes the bickering and posturing can be annoying, but a strong democracy needs more than one opinion. And this debate […]

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Open Letter To Josh Marshall At TPM Media

OK. I was angry this morning. In fact I have been brewing for a while. The vitriol about the ‘insiders’ and ‘oligarchs’ in banking who are plundering the economy has got to stop. TPM Media is a very well regarded blog site. But the folks there have gone nuts. Reporting is one thing. Instigating populist […]

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