Author: Dave

I may have respect for Andrew McCarthy, despite my many disagreements with his legal positions, but why are we waxing poetic about Judge Robert Bork?  That he is the conservative benchmark for interpreting the Constitution...

Br. E.D. has a post on the next phase of figuring out how to salvage our banking system.  He cites a number of people who express concern with the program.  He is concerned with this...

Maybe this whole too-big-to-fail thing has some legs to it.  Maybe that’s why fellow libertarian Stephen Gordon at the Liberty Papers is asking for a measly million dollars: Considering how easy it is to...

Via Barry Ritholtz, I think I need to read David Reilly more.  I love his column on the possible trainwreck known as stress-testing for the banks: Maybe it should come as no surprise that...

If anyone hasn’t noticed this about using the Fed as part of a bad bank strategy: John Ryding, chief economist at RDQ Economics LLC in New York, and Matt Chasin, chief operating officer of Sorin...

Barry Ritholtz has posted a nice collection of links from different sources arguing for or against bank nationalization.   To reiterate my previous post, I’m more concerned about how something like this gets executed and...

Maybe one day I’ll write about something other than the markets, but today is not that day.  Anyway… A response to E.D.’s last post in this conversation: I recoginze that bank nationalization as an option...

Being a finance geek, I can’t help myself from making a few comments… E.D. Kain writes… Here we see another rather conservative approach to Government involvement in home ownership.  Rather than subsidize home owners,...

To Chris’ comments  about the banks and the knowledge of the debt that they hold, this is generally my view of things although I suspect that it is not as much that banks do not...