Tom Walker (aka Sandwichman at Ecological Headstand) Modeling Sunshine and Shadows: Inequality, long hours and crisis Alex Harrowell at A Fistful of Euros sees sunshine beaming from the IMF in…
…FICA payroll tax and a whopping 32% of that taken out of workers’ paychecks. Moreover taking the employee share simply back to 2010 levels means an increase from 4.2% to…
…and current consumption demand. This channel was highlighted publicly in October by Brian Sack at the 2010 CFA Fixed Income Management Conference:”Nevertheless, balance sheet policy can still lower longer-term borrowing…
…York times: Louise Story, A Secretive Banking Elite Rules Trading in Derivatives, New York Times, Dec. 11, 2010. As Story notes, there is an exclusive group of bankers that has…
The NYT reports on the Financial Crisis Inquiry Commission. “The Republican members of the commission appointed by Congress to investigate the causes of the financial crisis plan to release on…
…industry is actually falling. It is now at 65.4% as compared to its recent peak of 70.7% in April, 2010. Moreover, the growth in semiconductor capacity is slowing significantly. I…
…July 2010. Sources said Orszag might take a job in Citi’s I-banking division and an announcement could come as soon as today. Citigroup, which is still recovering from its $45B…
…“rose from a pre-recession low of 3.0 percent (November 2007) to reach 7.3 percent in August, 2010, making the past 22 months the longest spell of high unemployment workers in…
…23, 2010, 12:00 AM I am all for free markets and not mucking them up with government intervention. But the economic theory of regulation tells us that if there is…
The International Federation of Health Plans released its 2010 report today. (PDF here.) The good news is that the problem is clear: Americans pay too much for the same services….