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McD and medical plans

by Dan Crawford There has been a little ruckus from the WSJ reporting on McDonald’s health insurance plans and applications for waivers from the 80% medical loss ratio requirement. Try…

Why austerity now?

…“business confidence” and the usual consequences, “debt deflation” and “debt peonage.” Somebody must take a loss on the economy’s bad loans – and bankers want the economy to take the…

Measuring Bubbles

…doesn’t make sense to compare total losses then to losses born by banks now and conclude that the losses born by banks now are smaller than total losses then, but…

America’s governance mind: FUBAR

…Not now though. Such countervailing, diametric behavior is apparently immune to public desire. Worse though, is the loss of memory when people acted up-front. Jim Watt’s never hide his ideology….

New Year’s Tax Resolutions

…even bigger by buying loss banks, and then allowing them to use those losses in direct contravention of the law and avoid paying income tax for years (or perhaps decades)….

Banks exiting TARP

…under section 382 et seq that limit loss use to a formula intended to keep losses used at pre-ownership change use rate. And lifted from comments by Rdan. Ken Houghton…