Some disturbing arrests have been made amid the Democratic National Convention in Denver. I’m incredulous at the fact that this story has apparently not made the news cycle. Whatever the motivation of these men, both in being apprehended so easily and in giving their strange confessions, their story can not fail to evoke [...]

Here’s an interesting commentary on how the FED is allowing highly leveraged trades of Fannie Mae & Freddie Mac bonds for hard cash from the Federal Reserve, as long as you happen to be an institution (bank) with access to the Fed’s Term Auction Facility.
The article argues that in the end, when Fannie [...]

For those of you who might still need convicing that there are real policy differences at stake in the up coming US presidential election, here are some sobering comments from Obama economic adviser and rumored Treasury Secretary short list VIP, Laura Tyson.

“Before we go to the conclusion that the Fed should be the single regulator, [...]