2010

I just put this in the links but it deserves a post of its own!

FT.com – Opening salvo on banks has yet to come An Antitrust Investigation of the Banks? – Economix Blog – NYTimes.com Fifth Third fourth-quarter loss narrows| Reuters BBC News – GM confirms Opel factory closure in Antwerp…

From the U.S. Department of Labor: In the week ending Jan. 16, the advance figure for seasonally adjusted initial claims was 482,000, an increase of 36,000 from the previous week's revised figure of 446,000. The 4-week moving average…

Today President Obama is set to propose wide-ranging moves on bank regulation first proposed by his economic advisor Paul Volcker, the former Federal Reserve Chairman. Details of the proposal have yet to be released. However, the focus is…

The video is pretty all-encompassing and runs just under 30 minutes. Buffett is down on Kraft-Cadbury, raising rates and the bank tax. He is up on Wells Fargo. That sums it up pretty well.     Quotes On Wells:…

CNBC's Diana Olick has the breaking story on alleged fraud in the mortgage industry. She has been writing about this for a few days now.  See Big Banks Accused of Short Sale Fraud - Realty Check with Diana Olick at CNBC’s website.…

China tries to curb lending and avoid overheating| Reuters Bruce Krasting: Consequences of the Mass. Election O'Malley aims to limit Maryland budget cuts – washingtonpost.com FiveThirtyEight: Let's Play the Blame Game!…

The Democratic defeat in yesterday’s Massachusetts Senate race puts a punctuation mark on the grinding erosion of support for the Obama Administration and its economic policy in a tough first year. Clearly voters were sending the…

Finance and Economy FT.com / Columnists / Philip Stephens – How the big banks rigged the market FT.com – A bank levy will not stop the doomsday cycle Economic Perspectives from Kansas City: Sheila Bair Exposes Wall Street’s Power Grab:…

This is not just about California. Come Summer 2010, the most severe gaps will be closed via budget cuts or tax increases unless the Federal Government can pull a rabbit out of the hat. Source Policies for Increasing Economic Growth…