Tag Archive | "Treasury Department"

BREAKING: White House/Treasury Undercutting Dodd-Frank

    Earlier today I wrote about the plan by the European Commission to launch an anti-trust investigation into the credit default swaps market. I thought I was done for the day but now comes word that our own government appears to be going the other way: weakening important rules for derivatives that were part of […]

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Just Trust Us

   Maybe I’m eating too much Matzoh which is clogging the part of my brain that triggers the "trust" center but I’m not feeling great about this aspect of the government’s effort to conduct "stress tests" on the banks: But the tests, which are expected to be completed by the end of this month, are […]

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Goldman Thieves Have To Pass on Bonuses, And Was A Crime Committed?

   So much to read this morning. But, Goldman Sachs is all over the place so let’s check in on one of our great financial manipulators of recent times. The big news–front page of the Financial Times, big story on the Wall Street Journal’s website and front page of the business section in The NY […]

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