For those folks who remember the implosion of Enron in October 2001, they may also remember the collapse of its international accounting firm Arthur Anderson.
Nature seems to have given the biggest, meanest beasts pretty thick skins. Presumably, this is so they can savage their victims without being hurt themselves.
Here are the stats for April 2014. It appears things have slowed slightly from this time last year. Prices have gone up, but that’s a
Maiden Voyage. This is the very first of what hopefully will be a series of periodic newsletters. I am hedging when I say “periodic” –
Wall Street Journal (May 8, 2014 by, Nick Timiraos, “5 Takeaways on Fannie, Freddie Earnings” ): “Mortgage giants Fannie Mae and Freddie Mac are sending
How embarrassing! After galloping into town with six shooters blazing, the new sheriff, err, correction, the CFPB, or as they like to refer to themselves
“Black Knight” – The black knight is a literary stock character, often contrasted with the knight-errant; also see white knight. The character famously appeared in Arthurian literature and has
Like the prodigal son, equity has returned home. For the past five years, as collapsing values wiped out trillions of dollars of home equity, one
AND THE AWARD GOES TO… [complimentary drum roll here] Jason Furman and James Stock! [Hereinafter collectively referred to as “J&J.”] Both economists,[1] apparently shilling for
The April 19, 2014 Economist reports [Credit where credit’s due] that the ratings agencies are making a financial comeback after their near-death experience following the
