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This clip will give you a better indicator of small lenders’ agenda as they met with the President to talk about expanding lending. The only commentary I would note is the desire by the IBCA President to allow the FDIC to keep its…

Hat tip Prieur du Plessis

This was an interview we did early last week. Max is very entertaining to talk to.  Take a look. See Stacy Herbert's summary as well.

The latest WSJ/NBC News poll shows that President Obama’s approval rating has now slipped under 50%. This makes his the steepest first year decline in modern history. Why?  You know what I would say: Obama doesn’t know when to be…

Mark is right that time is not on Chairman Bernanke’s side. If you saw the Ron Paul video earlier today, you can see what’s happening. I don’t have a strong view, although I believe most of the other bloggers are against. Reminder: This…

Here's Jon Stewart on Comedy Central. In this episode, bad weather prevents CEOs of the three biggest financial institutions from attending a meeting with President Obama.

There has been quite a lot of hub-bub today about President Obama’s fat cat remarks and his meeting with bankers exhorting them to lend. Let me tie these events in with a few other themes into a comprehensive picture of what is happening in…

There will be no Dubai sovereign default. The government of oil-rich Abu Dhabi surprised investors this morning in announcing a $10 billion rescue package to pay for upcoming obligations of embattled Dubai World. Below Richard…

Today is the first anniversary of Bernie Madoff's scam of the century which defrauded investors out of tens of billions. The former fund manager and head of NASDAQ who ran the world's largest ever financial fraud seems to be a hit in prison…