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Archive for March, 2009

Facing regulation

New regulation is certain.  The failure of private firms to self-regulate in a manner that would provide for the long term stability of the financial system and our country is apparent.  The ability for corporations to choose the amount of regulation imposed upon them by changing the form of their identity has provided an enormous [...]

AIG - My opinion on the bonuses

There really is just so much that stinks about this whole bonus mess.  I think John Stewart said it best when he went head to head on his program with Jim Cramer and stated that we are a nation of workers and we shouldn’t be disillusioned by this idea of easy money.  The division of [...]

Trust in Banks

The idea for today’s post was inspired from an article I read in The Economist which stated, “…that trust in a modern economy has evolved to the miraculous point where people give complete strangers sums of money they would not dream of entrusting to their next-door neighbor.”  When I sat back and pondered on this [...]

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