April 2010

Marshall Auerback here. Neither the Dodd Bill, nor the House version, will do much to prevent the abuses described in the SEC's lawsuit against Goldman Sachs. Senator Dodd himself acknowledged this fact. Additionally, as Frank Partnoy has…

Roger Lowenstein - How Wall Street Became a Giant Casino - NYTimes.com Confessions of a grade inflator | The Economist CBC News - British Columbia - New mortgage rules take effect FP Tech Desk: Apple wants Gizmodo to return missing…

Goldman Sachs is launching an aggressive response to its political and legal challenges with an unlikely ally at its side — President Barack Obama’s former White House counsel, Gregory Craig. The beleaguered Wall Street bank hired…

You can get some pretty good mortgage deals in Canada these days Today I got this drift via this intrusive banner advert from CIBC. Clearly CIBC wants you to see this advertisement. The deal is 4.74 fixed with 2% cash back if you switch…

This is THE issue that everyone wants to know. When I wrote the The politics of the Goldman fraud case and referred to "leeway in how to proceed later against Goldman and other firms using the same practice," I meant that it was…

This isn’t about economics anymore, this is now about who does what, when, and how everyone else reacts. Certainly the news that Greek bonds hit another post-EMU record high yesterday can hardly be said to have come as a surprise. 10-year…

Marshall Auerback here with some thoughts on how problems in the Eurozone conflict with Washington's export agenda. A recent poll by Douglas Schoen and Patrick Caddell suggests that swing voters in the US, who are key to the fate of the…

Highlights        The US dollar has surrendered yesterday’s gains against most of the major foreign currencies, after the upside momentum stalled in North America yesterday.  The recovery of US…

Here are a few interesting tidbits from the Wall Street Journal from around this time in 1931. I missed this one, but it is pretty good historical info. 16 April 1931 Head of Spanish provisional govt. N. Zamora pledged Spain will be…

Goldman Sachs: a history of controversy - Telegraph Extra Tax Refunds Giving Consumers A Short-Term Boost - Investor's Business Daily Excess, Shadow Inventory Threaten Fragile Housing Recovery: Fannie - HousingWire Economist's View:…