Bankruptcy

JACK WELCH: ROMNEY IS A ‘GREAT LEADER’

Newsmax Jack Welch: Romney Is a ‘Great Leader’ Monday, January 9, 2012 09:47 AM By: Henry J. Reske Former Massachusetts Gov. Mitt Romney is the most qualified candidate for president in the past 75 years, says Jack Welch, former chairman and CEO of General Electric. “In my lifetime, Mitt Romney is the most qualified leader […]

JACK WELCH: ROMNEY IS A ‘GREAT LEADER’ Read More »

ROMNEY’S RECORD AT BAIN CAPITAL

JANUARY 9, 2012 Romney at Bain: Big Gains, Some Busts By MARK MAREMONT Associated PressMitt Romney, with his parents and wife in 1994 announcing his candidacy for a Senate seat, a race he lost. Mitt Romney’s political foes are stepping up attacks based on his time running investment firm Bain Capital, tagging him with making

ROMNEY’S RECORD AT BAIN CAPITAL Read More »

THE FEDERAL RESERVE’S COVERT BAILOUT OF EUROPE

DECEMBER 28, 2011 When is a loan between central banks not a loan? When it is a dollars-for-euros currency swap. By GERALD P. O’DRISCOLL JR.Mr. O’Driscoll, a senior fellow at the Cato Institute, was vice president at the Federal Reserve Bank of Dallas and later at Citigroup. EXCERPT FROM THIS ARTICLE:  First, the Fed has

THE FEDERAL RESERVE’S COVERT BAILOUT OF EUROPE Read More »

THE FANNIE AND FREDDIE HATE STORM

DECEMBER 28, 2011, 7:28 A.M. ET The Fannie and Freddie Hate Storm A dubious prosecution but it helps set the record straight. By HOLMAN W. JENKINS, JR. EXCERPT FROM THIS ARTICLE:  So where ultimately do Fannie and Freddie rank amid the confluence of ridiculous subsidies, private-sector opportunism and ungovernable global capital flows that contributed to

THE FANNIE AND FREDDIE HATE STORM Read More »

THE TOXIC TWINS – WHAT FANNIE AND FREDDIE KNEW

DECEMBER 23, 2011 What Fannie and Freddie Knew The SEC shows how the toxic twins turbocharged the housing bubble. Democrats have spent years arguing that private lenders created the housing boom and bust, and that Fannie Mae and Freddie Mac merely came along for the ride. This was always a politically convenient fiction, and now

THE TOXIC TWINS – WHAT FANNIE AND FREDDIE KNEW Read More »

THE FINANCIAL CRISIS ON TRIAL – FANNIE AND FREDDIE

DECEMBER 21, 2011 The Financial Crisis on Trial The SEC fingers the government-backed mortgage buyers, not Wall Street greed. By PETER J. WALLISON The Securities and Exchange Commission’s lawsuits against six top executives of Fannie Mae and Freddie Mac, announced last week, are a seminal event. For the first time in a government report, the

THE FINANCIAL CRISIS ON TRIAL – FANNIE AND FREDDIE Read More »

JOHN CORNYN – ‘WE NEED AN ELECTION’

DECEMBER 10, 2011 The head of the National Republican Senatorial Committee on the party’s chances to take control next November. By JAMES TARANTO New York The junior senator from Texas is decidedly unenthusiastic about the current state of the institution he joined nine years ago. “It’s not what I would call the world’s greatest deliberative

JOHN CORNYN – ‘WE NEED AN ELECTION’ Read More »

FINANCIAL REGULATION: WORSE THAN A CRIME

DECEMBER 12, 2011 In the U.S. mortgage crisis and the European sovereign debt crisis, bad policies subsidized bad investments. By L. GORDON CROVITZ EXCERPT FROM THIS ARTICLE:  The reason prosecutors can’t prove criminal intent is that in many cases the bankers were simply trading in compliance with the regulations governing them. Art imitates life, even

FINANCIAL REGULATION: WORSE THAN A CRIME Read More »

CHINA’S BIND: HOW TO AVOID A CRASH LANDING

By TOM ORLIK ReutersResidential buildings under construction in the Kangbashi ‘ghost town’ in Ordos in Inner Mongolia, now hit by falling prices and unsold inventory. ORDOS, China—For a sense of the sharp policy shift China’s leaders have to orchestrate to avoid the world’s second-largest economy landing with a hard thud, look no further than this

CHINA’S BIND: HOW TO AVOID A CRASH LANDING Read More »

Scroll to Top