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A brand name that pays back...?
rdan 24/7 Wallstreet suggests AIG might pay back much of the money lent to it by Uncle Sam. Is this notion really in the cards for the taxpayer?? AIG (AIG) may be the only large company in America that both the management and federal government want torn apart. If AIG succeeds in selling most ...
Twelve Major Brands That Will Disappear
247wallst.com — A number of well-known brands disappeared in the last year in large part due to economic forces.... Many of them were in the retail industry, led by Circuit City. ATA and Aloha airlines are gone. Gateway Computers has effectively disappeared after being ... (more) Twelve Major Brands That Will Disappear
Where to Begin.....
Where to Begin.....
adamsoptions.blogspot.com — Pretty unreal tale, this Lenny Dykstra article over on ESPN.com yesterday. And not just saying that because,... well, I was quoted in it. And really kind of sad, honestly. This part especially. Even members of Dykstra's family are lined up on the ... (more) Where to Begin.....
The Goldman Sachs Three Card Monte Act
economicpolicyjournal.com — These guys never stop. Bob Murphy has pointed out to me a letter to the editor of... WSJ written by Goldman Sachs managing director Lucas van Praag:Prof. Amar Bhidé does his readers a disservice when he asserts that Goldman Sachs miscalculated the ... (more) The Goldman Sachs Three Card Monte Act
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Tonight on The Kudlow ReportKudlow's Money Politic$
On tonight's show at 7pm ET on CNBC: MONDAY MARKET REPORT CNBC’s Rebecca Jarvis will join us with today’s top market news and developments. WASHINGTON TO WALL STREET Banks, TARP & Obama CNBC chief Washington correspondent John Harwood reports. IS UNCLE SAM NATIONALIZING BANKS? *Robert ...
DeTARPing will require the banks to jump through even more hoops sayeth "a senior administration official" ($GS,$JPM,$BAC,$C,Wall Street Folly
The TARP gets more toxic by the day: Merely paying back all of the taxpayers funds to the Treasury isn't going to be sufficient for Uncle Sam. According to "a senior administration official" banks will have to pass three subjective...
On Food Inspections (by Don Boudreaux)Cafe Hayek
Hat tip to Chris O'Leary for alerting me to this report in the New York Times . It's a report on how food processors in California are paying for their own food-inspection oversight. Because the chief cop-on-the-beat -- Uncle Sam -- does a poor job of inspection, food processors themselves ...
Next Step for the Smart Grid: Winning Over ConsumersEarth2Tech
“The smart grid means many things to many people,” said Mark Farber, co-founder of Evergreen Solar and now a consultant with Photon Consulting , at the Ceres Conference in San Francisco, Calif., last week. Indeed, and given that Uncle Sam plans to spend $4.5 billion developing and ...
Welcome to the Hotel TARPifornia: You can check out any time you like, but you can never leave; Goldman, JP Morgan and others may face restrictions for awhile ($GS,$JPM,$BAC,$WFC,$C)Wall Street Folly
Toxic TARP: This is why we would NEVER want to do business with Uncle Sam. It's just plain scary..... The Treasury intends to retain an ownership interest in many U.S. banks even after the lenders buy back preferred stock the...
Insurance Questions (by Don Boudreaux)Cafe Hayek
Tom Wilson, CEO of Allstate Insurance, wants Uncle Sam to regulate his industry more strictly . Is Mr. Wilson a public-spirited businessman who is proposing a policy that he believes might well harm him and his company but one that will also, in his view, be worthwhile for the public at large? ...
What “Taxpayers?”Cato @ Liberty
In an editorial yesterday on President Obama’s proposal to end federal guaranteed student lending and turn everything into loans and grants direct from Uncle Sam, the New York Times had an interesting take on what constitutes putting ”taxpayers’ interests first”:  ...