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Daily Archives: May 21, 2013
Glass-Steagall reintroduced in US senate
Sometimes meaningful reform to reign in rampant self-dealing and corruption in the government and financial system can seem hopeless. And then something encouraging happens: last week on May 16, Sen. Tom Harkin (D-IO) introduced in the US Senate, S. 985 … Continue reading
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TSX glimpse under the hood: sector update
With interest and rates in the basement–the zeal for yield has driven desperate capital into heinously over-bought interest sensitive equities (financials, REITs) even as the more industrial sectors (materials, miners, energy) have appropriately sold off with the slowing global economy. … Continue reading
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Brown Vitter “Too big to fail Act” wins bipartisan consensus in the Senate
Senator Brown (D) articulates the rationale and provisions of the Too-Big-To-Fail Act which he co-authored with Senator Vitter (R) Here is a direct link. Where the Dodd-Frank Act falters under the weight of complexity and tinkering at the edges of … Continue reading
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