Daily Archives: July 22, 2009

Stiglitz Agonistes

Posted on July 22, 2009 by Brian Schuettler

Today, settled as a professor at Columbia, Stiglitz occasionally finds himself welcomed in the nation’s capital, though usually at the other end of Pennsylvania Avenue, to testify before Congress. While he had no great desire to go back into government, … Continue reading →

Posted in Economic Prophet | Leave a comment

JP Morgan Chase Triumphant

Posted on July 22, 2009 by Brian Schuettler

Jamie Dimon has won big.  JP Morgan Chase now stands alone, both in financial position and political clout – including special access to the White House and, as explained in today’s NYT, Rahm Emanuel’s likely attendance at his next board meeting tomorrow. … Continue reading →

Posted in It Is Nice To Be Part of the Elite!, The Financial Elite, The Joy of Being A Bank | Leave a comment

A Colossal Lack of Judgment

Posted on July 22, 2009 by Brian Schuettler

Hank Paulson appeared before the House committee on (Lack of) Oversight and (Prevention of) Government Reform last week to defend his actions in the Bank of America/Merrill Lynch deal. For those of you who haven’t been following along, Bank of … Continue reading →

Posted in A Growing List Of One Term Presidents, AIG and all that....., The Financial Elite, The Geithner Resignation Watch, The excellent adventures of Ben Bernanke, Time For A New Third Party | Leave a comment