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The Opposite of Bankrupt

equity in those homes is gone, whoever buys them now has to start over and pay the cost-plus-interest from scratch. Either the owners, or their heirs, take the hit for…

…being a good mother

…ourselves to take care of those who are less fortunate, and that the wealthiest amongst us–corporate managers, private equity managers, and shareholders–should pay more in taxes. Libertarians claim that everything…

I Told You So

…Treasury is an equal equity partner in each of the funds and provided debt financing for the $29.4 billion program. Note that the acronym FDIC doesn’t appear. *Sorry for the…

Public Input on proprietary trading

…Johnson through Bloomberg and Baseline Scenario: Public Input for the Study Regarding the Implementation of the Prohibitions on Proprietary Trading and Certain Relationships With Hedge Funds and Private Equity Funds…

A Conversation with George Soros

…banks through the crisis, Mr. Soros noted that the Administration should have injected Equity into the banks, but notes that he believes the Obama team found this politically unacceptable. The…