Financial Markets

Displaying 61 - 70 of 646

Sarbanes-Oxley: Helping to Nationalize Accounting & Auditing

Financial MarketsInterventionismMoney and Banking

Blog10/08/2007

Sarbanes-Oxley, of course, was just a small step along the yellow brick road that will lead to total rule over private industry, especially in the realm of accounting and audit. Talk is heating up regarding the new Treasury Advisory Committee on the Auditing Profession....

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Sarbanes-Oxley: Costs, Costs, Costs

Financial MarketsMoney and Banking

Blog09/26/2007

David Weild, former vice chairman and executive vice president of The NASDAQ Stock Market, speaks out on SOX. He makes some sober remarks, but at the same time he walks on coals...

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Ooh, The Germans Are Mad at Me! I'm so scared!

Financial MarketsLegal SystemPolitical Theory

Blog09/19/2007

The European Court of First Instance's decision to support the European Commission's Microsoft decision has produced some entertaining public discord between the European and U.S. antitrust authorities. On Monday, Justice Department antitrust chief Thomas Barnett...

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Gold Stocks

Financial Markets

Blog09/19/2007

The old high (in terms of closing prices) in the XAU gold stock index was 168.62 during May of 2006

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Greenspan: The Liar, The Fraud

Booms and BustsFinancial MarketsCalculation and Knowledge

Blog09/18/2007

Alan Greenspan is in the news a lot currently because of the release of his new book. I haven't read the book. Nor will I read it if it means that I have to buy it or if reading it means that Alan Greenspan in any other way will financially benefit from it. Enriching a hypocritical fraud...

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Bush to Provide for the New Socialist Man

Big GovernmentFinancial MarketsInterventionism

Blog09/06/2007

The media is reporting that George Bush has ruled out a government bailout of mortgage lenders, but instead, the Bush package is sure to provide indirect bailouts for homeowners in debt up to their eyeballs. This...

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The Unfolding Credit Crisis

Booms and BustsFinancial MarketsInterventionism

Blog08/14/2007

With the collapse in the price of sub-prime mortgage backed securities and credit derivatives, the credit boom has moved into the crisis phase. This is the place in the cycle where it becomes clear to the market the investments made possible by unfunded credit were mal-investments and they are...

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Fascinating theory. Is it plausible?

Financial Markets

Blog08/12/2007

I was speaking to a banker this past weekend who put the blame on the subprime problem squarely on the campaign against "red lining" and the Community Reinvestment Act enforcement, which forced banks to give super risky loans to...

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