Bailout Strategy—Rip Off the Little Guy?

Who needs TARP to bail out financial institutions? Your local supermarket carries a retail version at the checkout counter. We know the program as “gift cards.” Last week while I … Continue Reading →

Swine Flu Found on Wall Street

I’m afraid our anger will lead to unintended consequences. It will exacerbate the impact of uneven regulation among financial institutions—an imbalance that undermines the long-term integrity of our capital markets. Continue Reading →

Boot TARP•o•line Bonuses

As Citigroup rolls toward one-third ownership by the US government, it needs Federal approval to pay the bonuses. My take on the matter:

Forget it. Figure out another solution. Or let executives walk. Continue Reading →