March 2011

If firms that defrauded their customers gained a competitive advantage over their honest rivals private market discipline became perverse and drove honest firms into bankruptcy. The CEOs that lead accounting control frauds create…

This is just a reminder that, while I write about a broad array of topics here (the economy, monetary policy, investing, banks, Europe, technology, etc., etc.), there are some topics about which I don't know enough information to take an…

Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession  (McGraw-Hill, 2009) and "The Coming Collapse of the Municipal Bond…

This is just in from Bloomberg: The Federal Reserve must disclose details of emergency loans it made to banks in 2008, after the U.S. Supreme Court rejected an industry appeal that aimed to shield the records from public view.…

By Marc Chandler News that the US Treasury will begin selling off its portfolio of mortgage-backed securities was greeted with dollar buying. The Treasury's portfolio of $142 bln of agency guaranteed MBS will be sold at a pace of $10 bln a…

By Claus Vistesen The past week has shown the dark side of media coverage and the analysis of current events. It is a test on just how much information you stuff down the public's throat. In the narrowness of my own world, the financial…

BBH CurrencyView US dollar weaker as risk appetite rallies worldwide: yen and swiss the exceptions Coordinated G7 intervention Friday allows yen to consolidate Euro remains strong on hawkish comments and this week’s upcoming…

By Edward Hugh As Japanese officials continue to toil away in what we all hope will be a successful bid to avert a worst case nuclear meltdown, even while thousands of Japanese remain missing and unaccounted for, financial market…

This chart was put together by David Rosenberg of Gluskin Sheff. It shows that wage growth in the U.S. is not keeping pace with inflation. For the statistical recovery to continue sustainably, we will need to either see this trend reversed.…

Here is an interesting video from the pre-IPO social media space. TechCrunch writer Alexia Tsotsis talks to StumbleUpon fonder Garrett Camp about its latest funding round in which it raised $17 million from August Capital and Accel Partners…