Daily Archives: June 17, 2009
Short Sales and Politically Connected Firms – Caroline Baum, Bloomberg
June 15 (Bloomberg) — Everyone knows money buys influence. The entire lobbying industry is based on that premise. Businesses hire teams of people to represent their “interests” to members of Congress. Lawmakers listen, and should they find those interests compelling … Continue reading
The threat of politicization hangs over the Federal Reserve Board like the Sword of Damocles
COMMENTARY: The threat of politicization hangs over the Federal Reserve Board like the Sword of Damocles. It’s Capitol Hill’s response to the Fed’s proliferation of new programs to unglue credit markets. The Fed’s innovations threaten to create enough acronyms to … Continue reading
Mosquito Alert!
With a bumper crop of the pesky, biting bugs breeding in the rain-soaked state, exterminators are taking the battle to swamps, wetlands and river flood plains statewide to try and stem the tide of a massive mosquito invasion this summer. … Continue reading
G8 signals the end of the financial crisis, but what caused it?
The weekend G8 communiqué, coming after four months of stabilisation in most financial markets, seemed to mark the official end of the financial crisis. If so, what lessons should be learnt for economic and financial policies in the months ahead? … Continue reading →