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Daily Archives: October 3, 2012
Bair: “sue individual wrongdoers, take their money, put them in jail”
Sheila Bair, former chair of the FDIC, offers her own perspective on the civil suit by the New York attorney general against JPMorgan. Here is a direct link. There is no greater deterrent to fraudulent, reckless behavior than individual prosecution … Continue reading
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Social security: numbers must be faced
Both presidential candidates have been pressed for details on how to control Federal spending. Social Security is one entitlement that politicians are afraid to touch. But ignoring the issue of solvency for the government’s largest entitlement program won’t solve the … Continue reading
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Roubini and Bremmer on macro picture and the need to break up big banks
Nouriel Roubini, the New York University professor who predicted the 2008 financial crisis and Ian Bremmer, president of Eurasia Group, talk about the performance of the U.S. economy and outlook. Here is a direct link.
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