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

Swiss banking secrecy in the news again as germany seeks data

by Linda Beale Swiss banking secrecy in the news again as Germany seeks data The Swiss are fighting hard to maintain their edge in providing tax evasion services for the euro zone and the US. In spite of the modest changes to the US-Swiss tax convention, we can expect difficulty in acquiring information from Swiss […]

Swiss banks, hedge funds? assist with tax evasion

by Linda Beale Two “R”s in the news: Rachel Alexandra and Rudolf Elmer–Swiss banks, hedge funds? assist with tax evasionMaybe the world is looking up. A filly has won the Eclipse Award for Horse of the Year, by a whopping 130 votes to second runner Zenyatta’s 90 votes. I’ve always had a soft spot in […]

1204 and forever…more unitary executive?

Rdan Hat tip Naked Capitalism regarding the Financial Stabilility Improvement Act as described by Washington’s Blog concerning banks/investment companies ‘too big to fail’ actions by the US and EU countries.October 29, 2009 begins testimony on more emergency powers by the executive branch. The House Committee on Financial Services will hold a hearing on the bill […]

A Year and Counting: re-regulation of Wall Street

by Linda Beale A Year and Counting: re-regulation of Wall Street On Monday night, I participated in a symposium on the Financial Crisis: One Year Later, sponsored by the Center for the Study of Citizenship and others. With me were Larry Ingrassia, Business Editor of the New York Times, and Chip Dickson, CFO of W2Freedom, […]