Monthly Archives: June 2010

Today the Congressional oversight panel questions the US Treasury on the status of TARP and the latest US banking data. Chair Elizabeth Warren notes several areas of serious concern in this Bloomberg interview: 101 Banks have so far missed their … Continue reading →

Barry Ritholtz posted a great article this morning on the BP oil fiasco and the political bungle that has followed to date. He goes much further than most critics and actually offers a suggested text for the speech Obama should … Continue reading →

This morning news of the Chinese saying they would begin to look at re-valuing the Yuan higher shot stock futures out of the gate. But with no concrete details or magical solutions sobriety crept back into the markets this afternoon. … Continue reading →