Caroline Baum

So, here we are one day into a brave new world, having seen America elect Barack Obama President. You might think the clouds would part, the sun would come out and all would be well with the world. Yet, it seems like quite the opposite is…

  PJB: Obama's First 100 Days - Patrick BuchananUndeniably, a powerful tide is running for the Democratic Party, with one week left to Election Day. Bush’s approval rating is 27 percent, just above Richard Nixon’s Watergate nadir and…

Because it seems like it's all bailout all the time in the news these days, I thought I'd use today's news round-up to highlight a few issues going on outside of the U.S. bailout plan. From my last two posts about the Canadian and Danish…

Everyone and his brother is talking about the bailout plan from U.S. Treasury Secretary Hank Paulson. I am not going to add my voice to the cacophony just yet, except to remind readers that the executive branch and the Federal Reserve are…

Today, we have some interesting posts on personal finance, politics and technology. As well, I add in the usual line-up on the economy, housing, and the finance sector. Definitely read the articles on dream houses. Very nice places.Dream…

Since June, bond yields have fallen to the point where the U.S. government is getting paid to borrow money right across the entire yield curve. The 10-year is 3.8%, while inflation in the U.S. is 5.6% . What gives? This is either a flight…

Top BillingNo Limit to Greenspan's Once-In-A-Century Events: Caroline Baum - BloombergFinancial sector woesU.S. likely to recapitalize Fannie, Freddie: report - ReutersU.S. banks scramble to refinance maturing debt - FTAnalysts Said to…

My Commentary: The lead story today is about UBS and it.s $5.1 billion in writedowns and what this means for the financial system going forward. When one combines the downbeat assessment by UBS management regarding Q3 and Q4 with the…

Caroline Baum is one of the more insightful financial market pundits around. In her column she takes aim at Fannie and their private reward, public risk corporate setup. Basically, the Fannie-Freddie bailout is a simple case of "heads and…

In her column at Bloomberg News, Baum had this to say about the financial bailout solutions proposed by the U.S. government.How do we know the market failed if we don't allow it to work? Capitalism without failure is like religion without…