Monthly Archives: August 2011

There is more than one way to skin a cat apparently (what a horrible saying, where does that come from?) Anyway, since banks have resisted all calls to mark the bad bonds on their books to market value over the … Continue reading →

This article from the weekend is worth reading and digesting in full (thanks Richard P for the tip). See What happened to Obama? What I have found the most frustrating about Obama personally is that unlike most of the other … Continue reading →

Aug. 9 (Bloomberg) — Harvard University’s Kenneth Rogoff talks about Standard & Poor’s decision to downgrade U.S. debt and its implications for the nation’s economy and central bank monetary policy. Rogoff also discusses the outlook for the global financial markets, … Continue reading →