Monthly Archives: May 2010
Fund firms call a market low
Fidelity: It’s been a volatile month. After rallying from the May 6 “flash crash” stocks have been up and down, hitting the correction mark—a 10% drop from the most recent market peak. This week brought more volatility as investors have … Continue reading
Filed under Market
Right said Fred
He actually cares more about creating value and sitting around whining about and fighting taxes. AVC Via SAI: Finally, we need to balance the federal budget and we need both revenue increased and expense reductions to do that. Think about … Continue reading
Filed under The good stuff, Venture capital
Prof. Richard Hasen takes necessary steps to be disinvited to Fox “News”
Maybe, next time Fox “News” will stick to serious law scholars from Liberty University. Via C&L: Colby: But Rick let me bring up one other issue. President Clinton was asked by the White House, the timing is interesting because he … Continue reading
Filed under Fox "News"
The state of education in America: Failing with a bullet
The story of the greatest charter school that ever was: When the High School of the Future opened amid the rolling green grass of Fairmount Park four years ago, many parents eagerly sought a place there for their children. Later, … Continue reading
Filed under Education
According to the NVCA, moving from 15% to 35% means death of VCs
Gee, I wonder how we were ever able to create Apple, Oracle, Intel, Microsoft, & Cisco without this incentive. Oh wait, VCs were able to. The NVCA, of course, is just another corrupt lobbyist org. NVCA issued a statement on … Continue reading
The wonders of unfettered financial innovation
Bank of America is showcasing their “higher standards”: Nancy Willmes paid cash for her Tuolumne home in 2001. So she was quite surprised when Bank of America send her a notice of default on the property in February. If this … Continue reading
Filed under Crap, foreclosures, Housing, Housing debacle, Stupid banks
Just when you thought that things were safe in the water, the GOP finds a new wedge issue
It started with the abortion fight, moved on to Willie Horton inspired fear of the black man, then it was family values, followed by the fear of the hey, fear of the terrists carrying WMDs in mobile labs, and, now, … Continue reading
Filed under Uncategorized
Banker rag laments that progressives won’t budge on lobbyist demands to weaken fin reg
American Banker is disappointed that the regulatory reform conference is packed with progressives which makes it hard for bank lobbyists to remove provisions that they consider tough (never mind that they are already substantially weakened).
Filed under Corporate cronyism, Crony capitalism, Lobbyists, News industry
Breaking news: i-bank manager thinks Americans should pay higher taxes, but not rich people
Thanks, Mr. Important person. Obviously, his voice should carry greater weight than everyone else’s: Joseph R. Perella, the veteran investment banker and founder of Perella Weinberg Partners, believes that ordinary Americans should “suck it up” and prepare to pay higher … Continue reading
