Author: Dave

Senator Sanders, a tip-of-the-hat to you. via Contingent Capital

A brilliant mind once stated the obvious: I think the government-as-shareholder model is a terrible idea and so conflict-ridden that it should only be considered as an absolute last resort of all last resorts… As an...

Should anyone be surprised by this?

Here’s an interesting article on the way Moody’s Investor Disservice Service whored itself out to Wall Street and then purged executives and employees who expressed concerns about what the firm was doing. 

is likely to go into default…on a $3 billion first mortgage. The property was purchased in 2006 for a record $5.4 billion.  If it’s worth $3 billion today, the lenders ought to consider themselves...

Via Bloomberg: The world’s largest economy expanded at a 3.5 percent pace from July through September, exceeding the median estimate of economists surveyed by Bloomberg News, after shrinking the previous four quarters, figures from...

Good article: And Wall Street should fess up about something else: Firms are making money not because they’re good at what they do, but because they have been given so many subsidies that it’s...

I’m referring to the first video clip: “This is one of the troubles that the liberals get into. They become so doctrinaire, so conformist that if you don’t fit their little mold right down...

WTF? All I can say is that I’m with James Joyner on this one.  But his larger point nonetheless has merit.  The mass political debate, as evidenced by the blogs, talk radio, talk TV,...

For reading up on commercial real estate, Robert Knakal’s blog is one of my favorite sites.  His topics are of interest.  He has good commenters that are knowledgable about the commercial real estate business and...

Why ACORN filed a lawsuit (complaint here) against Andrew Breitbart and the two conservative filmmakers (James O’ Keefe and Hannah Giles)  who video recorded ACORN employees giving advice as to how to classify underage prostitutes on tax forms...

Too big to fail = too big = break them up. I guess that makes me a socialist 😉

The moral of the story is that if you’re going to get it wrong, get it ALL wrong.  Does anyone remember reading this and wondering what planet he was on? Not only was he...

Barry Ritholtz has an interesting post suggesting that the Democrats made a significant tactical error in pursuing health care reform before pursuing financial regulatory reform:

…is starting to get some additional attention from within Congress: Impending problems with commercial mortgages are making their way into the public domain and appear to be catching–finally–the attention of Congress. The latest missive...

I want to congratulate Matt Taibbi for his First Amendment Award for Outstanding Journalism: Best Reporter award.   I think that both The Big Takeover and  The Great American Bubble Machine cover territory not ventured into...

…for the nihlists amongst us.

This REALLY got under my skin: A bill winding its way through Congress proposes to prop up deteriorating apartment complexes by injecting $2 billion from the Troubled Asset Relief Program into an effort to...

Stacy McCain: With all the humor I could muster, I’ve tried to broker peace. Now, however, the pilots have been scrambled, the jets are fueled and fully armed, and if a stand-down order is...