Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/Bain Capital

Going to Washington as a financial blogger

…what is necessary to get out of that category. That of course is structural reform, but we got no acknowledgment of that as an aim. And aside from raising capital

Leona Helmsley Omnibus Tax Reform Act of 2009

…tax on dividends and tax on capital gains. Once again we have our old friend ‘double taxation’ along with arguments that taxes on these simply reduce motivation for re-investment. Well…

Furthering my understanding of the money from money theory

…starts from the characterization of the economy as a capitalist economy with expensive capital assets and a complex, sophisticated financial system. This Keynes “veil of money” is different from the…

Watch the Parking Meters

…European banks have capital controls which depend on “risk adjusted” capital. To a European banker the ratings matter even if he or she doesn’t believe them. The capital controls have…

Credit Default Swaps Again

…keep up with US banks if they are regulated Banks oppose plan to raise capital requirements on CDS SIFMA Global SmartBrief | 09/10/2008 The European Commission’s proposal to increase capital