Category: TARP

Month in Review: September 2009, Part 2

13 November, 2009 (11:43) | Capital markets, Condos, Month in review, Speculation, Subprime, TARP | No comments

[Continued from yesterday’s Part 1.]

[Previous Months In Review here: Aug 09, Jul 09, Jun 09, May 09, Apl 09, Mar 09, Feb 09, Jan 09]

 
By: David A. Smith
 
Continuing our review of September’s posts, technology changes interpersonal dynamics and in so doing reveals aspects of human nature, in particular that what matters in crime prevention is [...]

Month in Review: September 2009, Part 1

12 November, 2009 (12:56) | Capital markets, Condos, Month in review, Speculation, Subprime, TARP | No comments

[Previous Months In Review here: Aug 09, Jul 09, Jun 09, May 09, Apl 09, Mar 09, Feb 09, Jan 09]

 
By: David A. Smith
 
During September, I published a two-part post so depressing and sober it had taken me a year to take it out of inventory, about Winston Smith’s nightmare: The ultimate future city: [...]

Do as I say, not as I did: Part 2, what I did

4 November, 2009 (16:05) | Capital markets, Finance, Policy, Regulation, TARP, US News | No comments

[Continued from yesterday's Part 1.]
 
Yesterday we had brave words and sound logic from Kenneth Feinberg, Treasury’s ’special master for compensation,’ who as quoted in the Wall Street Journal (quotes in blue Times Roman), hopes his new standards “will be voluntarily picked up” throughout corporate America.
 

You’ll pick it up if you know what’s good for you
 
He [...]

Do as I say, not as I did: Part 1, what I say

3 November, 2009 (12:22) | Capital markets, Finance, Policy, Regulation, TARP, US News | No comments

When we catch someone saying one thing and doing another, the juxtaposition is too much fun to resist – as in this case where the government, with full righteousness, said one thing only weeks after having done the exact opposite.
 
The huge banking institution is giving their new CFO compensation worth as much as $5.5 million. [...]

The wrong move for all the wrong reasons

9 October, 2009 (11:36) | Banking, Capital markets, Finance, Regulation, Subprime, TARP, US News | No comments

From the so-dumb-only-a-genius-would-propose-it department comes the following tale of Washington’s incestuous and recursive path to policy change, as uncritically reported in the New York Times:
 
WASHINGTON — Tired of the government bailing out banks? Get ready for this: officials may soon ask banks to bail out the government.
 
Is this a real plan?  Or just the dog [...]