Submit a Story!
Votes
topics:

vote down flag
ritholtz.com - 10/21/2009
Why the Obama White House Cannot Reform Wall Street
—
“The guy’s a giant, he’s a genius, he is a great human being.Whenever he has advice, the administration is very interested.” -Austan D. Goolsbee, counselor to President Obama > Let us stop to ask ourselves a simple question: Can the Obama White House reform Wall Street ? Its hard ...
baselinescenario.com - 10/21/2009
The Consensus On Big Banks Begins To Move
— baselinescenario.com — Just when our biggest banks thought they were out of the woods and into the money, the... official consensus in their favor begins to crack. The Obama administration’s publicly stated view – from the highest level in the White House - remains that the banks cannot or should not be ... (more) The Consensus On Big Banks Begins To Move

Comments vote down jamesykwak jamesykwak posted 10/21/2009posted this
Fed Can
cnbc.com - 10/16/2009
Fed Can
— cnbc.com — The enormous amounts of liquidity pumped into the U.S. financial system by the Federal Reserve are not... inflationary "at the moment" but will become so at some point, Paul Volcker, the former Fed chairman and a White House adviser, said on Thursday. ... (more) Fed Can

Comments vote down The Mess That Greenspan Made found this 10/16/2009found this
Is the White House Planning a Second Stimulus Payout?
time.com - 10/20/2009
Is the White House Planning a Second Stimulus Payout?
— time.com — The Obama Administration and congressional Democrats are planning additional piecemeal benefit extensions, tax breaks and other spending... that could eventually add up to as much as $100 billion. Just don't call it a stimulus (more) Is the White House Planning a Second Stimulus Payout?

Comments vote down naked capitalism found this 10/20/2009found this

Blog Reactions

Abnormal Returns:  Wednesday links: cash returns

Comments
Blog Reactions

Wednesday links: cash returns
Abnormal Returns — ... Money Game) The US dollar, as a reserve currency, has problems, but what is the alternative?  (Daniel Drezner) The Galleon Group winds down (no bailout required).  (DealBook, DailyFinance) Paul Volcker is pounding the table on de-risking banks.  Is any one listening?  (NYTimes also Baseline Scenario, Big Picture) The Hank Paulson-Goldman Sachs (GS ...

Related Content
Volcker on Financial Reform
calculatedriskblog.com 9/24/2009 — Former Fed Chairman Paul Volcker testifies in front of the House Financial Services Committee at 9 AM ET on Thursday about financial reform. For those interested, here is the webcast . Here is his prepared statement . A few excerpts: However well ...
Volcker Chafes at Panel Delay, Clashes With Summers (Update1)
bloomberg.com 2/8/2009 — Feb. 5 (Bloomberg) -- Paul Volcker has grown increasingly frustrated over delays in setting up the economic advisory group President Barack Obama picked the former Federal Reserve chairman to lead, people familiar with the matter said. Volcker, 81, ...
The more the merrier
econbrowser.com 11/28/2008 — How many economic-advice-giving organizations does it take to run a White House? MarketWatch reports : President-elect Barack Obama tapped former Federal Reserve Chairman Paul Volcker to run a new White House advisory board tasked with offering ...
Volcker Chafes at Obama Panel Delay, Strains With Summers Rise
bloomberg.com 2/5/2009 — Feb. 5 (Bloomberg) -- Paul Volcker has grown increasingly frustrated over delays in setting up the economic advisory group President Barack Obama picked the former Federal Reserve chairman to lead, people familiar with the matter said. Volcker, 81, ...
Barack Obama, Basketballer-in-Chief
cbsnews.com 10/8/2009 — President Shooting Hoops With Members of Congress Thursday, Though No Women Invited; Has Played at Least Five Times Before as President
Failing Upwards: The Wall Street White House
ritholtz.com 7/7/2009 — We are seeing belated glimmers of understanding of the credit crisis from the White House. Still nothing on the Ratings Agencies, and Glass Steagall, and too little on Derivatives and leverage, but at least there seems to be some recognition on TBTF ...
Video: Frustrated Volcker Walks Out On Maria During Live Interview
dailybail.com 11/4/2009 — Is former Federal Reserve Chairman Paul Volcker being silenced by Larry Summers, Tim Geithner and the  rest of the Obama administration? It's no secret that Volcker believes that portions of Glass-Steagall should be re-implemented, meaning the largest hybrid banks would be forced ...
Obama’s not-so-secret plan to raise taxes
blogs.reuters.com 10/1/2009 — As they used to say in the Soviet Union, "It's no coincidence." This is also the conclusion of one Washington insider with ties to the White House economic team: "Does this all add up to a trial balloon? Of course, it's a trial balloon. And I expect ...
The Forgotten Fed Chairman, Why Is Paul Volcker Being Silenced?
dailybail.com 11/4/2009 — Is Paul Volcker starting to crack ? Larry Summers, Tim Geithner and President Obama all agree; there will be no call to split-up the largest banks under their watch.  Makes you wonder why Volcker even bothers.  As the lone voice of sanity in a sea of Wall Street capture, ...
National Sales Tax Gets Fresh Look
cbsnews.com 5/27/2009 — With budget deficits soaring, some Washington policymakers are taking a fresh look at a money-making idea long considered politically taboo: a national sales tax. The Washington Post reports.
America's consumer-protection bill: Sizzling away — The Economist: Full print edition 10/22/2009
Wall Street is losing its battle against the proposed consumer agency BARNEY FRANK, head of the financial-services committee in America’s House of Representatives, likes to point out that shaping legislation, like making sausages, can be a ...
Farmers and climate change: Seeds of discontent — The Economist: Full print edition 10/22/2009
America’s farmers threaten to block climate legislation AUTUMN is always a busy time in America’s farm belt. This autumn, however, it is particularly so. In early November farmers’ organisations across America’s states will ...