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Monday is central banking day. The media is alight with the latest meme, that austerity is dead, along with the prospects of Nicolas Sarkozy. Continue reading
Let's abandon all pretense of a logical argument today and offer up a bit of blogospheric tourism on au courant topics. Maybe we can make it all work in the end. Continue reading
Holman Jenkins in The Wall Street Journal wades into a defense of Wal-Mart, the retail giant that, after a long piece in The New York Times Sunday, seems to be up to its neck in a bribery scandal and cover-up in Mexico. Continue reading
There's no real signs of an Arab Spring-meets-social-media-revolution among shareholders. Continue reading
The emphasis at the Julis-Rabinowitz Center for Public Policy and Finance conference swung inexorably to Spain, which, as Paul Krugman said, appears increasingly to be the epicenter of what's really a colossal mess. Continue reading
The pair erects a kind of straw-man argument suggesting that somehow the Fed has wandered out of an Eden when it was technocratically objective and independent and into one where it has been captured and bagged by those plutocrats on Wall Street. Continue reading
New York Federal Reserve chief William Dudley pops up in the Financial Times this warm Monday to allay our fears about the risk of derivatives. Continue reading
The financial supermarket was declared dead almost upon birth. Sears sold off Discover to its progenitor, Phil Purcell. American Express unloaded what had been Shearson plus Lehman Brothers plus E.F. Hutton, of sainted memory, on Dick Fuld and Sandy Weill.... Continue reading
Are we better or worse off economically, socially and politically with shareholders in that pre-eminent a role? Continue reading
Like Google, Facebook has found a way to make a lot of money. But you don't have to have a full-blown bubble to lose your discipline as a buyer. You just need the sudden appearance of a lot of cash. Which is how M&A gets a bad name. Continue reading
Catastrophe is in the air, like this early spring's hay fever. And now David Brooks and Pascal Bruckner feel compelled to weigh in on the broad subject of declinism. Continue reading
Gretchen Morgenson offers another in a long series of Sunday New York Times columns, half hopeful, half depressed over the state of shareholder involvement in the affairs of major corporations. Continue reading
As the political primaries attest, arguing declinism is just about the easiest and most tempting case to make in all of punditry, particularly in the wake of a serious financial crisis. Continue reading
James Gorman was smoking hot over the attack upon Goldman, Sachs & Co. by an escaping employee. This is interesting because Gorman is CEO of Goldman rival Morgan Stanley. The same day Greg Smith's see-ya column appeared in The New... Continue reading
