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Monthly Archives: November 2010
Open letter to Fed in NY Times from prominent thinkers: scrap QE2
A group of prominent Republican-leaning economists, coordinating with Republican lawmakers and political strategists, is launching a campaign this week calling on Fed Chairman Ben Bernanke to drop his plan to buy $600 billion in additional U.S. Treasury bonds. Former Congressional … Continue reading
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Meredith Whitney on banks, new regulation and the burden of QE2
Regional Bank Profits to Get Hit by New Regulations: Whitney Regional banks are going to become less profitable because of tighter financial regulations and are likely to close thousands of bank branches to cut costs, analyst Meredith Whitney told CNBC. … Continue reading
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Gary Shilling on the age of deleveraging
Gary Shilling, president of A. Gary Shilling & Co., talks about the impact of the decline in U.S. consumer spending on global currency policy, and the G-20 summit in South Korea.. Watch the interview here.
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