Daily Archives: September 13, 2012

Carmen Reinhart, co-author of the book This Time Is Different: Eight Centuries of Financial Folly and a professor at Harvard, talks about U.S. deficit reduction, Federal Reserve policy and tax code reform. Here is a direct link. She points out … Continue reading →

David Stockman, former director of the Office of Management and Budget in the Reagan administration, talks about Federal Reserve monetary policy and Fed Chairman Ben S. Bernanke. Here is a direct link.

High Frequency Trading (HFT) is one of the most reckless activities being tolerated in public markets today. We likely need to see another major crash or two before the practice is finally banned or more likely taxed into remission, but … Continue reading →