Keep your eye on this bad boy.
By which I mean the ongoing investigation into Stanford Financial Group. (See the Wall Street Journal article, “Stanford Financial Gets More Scrutiny” - 2/14/09, page D1.)
Nothing to do with the fabled university of the same name.
If the current allegations are proven, this promises to get plug ugly, especially […]
Finally, somebody with (Wall) street cred who gets it.
Andy Kessler is a former hedge fund manager, and the author of “How We Got Here: A Slightly Irreverent History of Technology and Markets“.
His most recent and trenchant observations and prescriptions are highlighted in his Wall Street Journal article, “Why Markets Dissed the Geithner Plan” (2/11/09, […]
Health Insurance Reform will be the big, knock-down, mother of all fights in the new Congress.
So it might be instructive to compare two spending options currently available, so that you can see that sometimes the government gets it right.
But not always.
1. Be wary of the Flex Spending Account
The older of the two is known as […]
(Check out this blog entry from last year with some basic tips on protesting your property taxes. The following is designed for the motivated do-it-yourselfer.)
Don’t just get mad. Get even.
Property tax protests fall into one of two categories:
I. Grovel
The first is the appeal to emotion, in which the taxpayer plays the role of victim […]
No, I don’t want you to waste your time with ad hominem arguments.
This is more serious. This is about money.
Specifically, this is about your property tax bill.
Evidently, someone forgot to tell the tax assessor’s office about the crash in the residential real estate market that had peaked some three years ago…and may keep falling […]
Can there possibly be a greater scandal than the $50 billion Bernard Madoff Ponzi ripoff?
Sure. How about the SEC, who had been tipped off in great detail eight years earlier by intrepid investigator Harry Markopolos?
And did absolutely nothing to prevent this wholesale looting.
Be sure to check out the Wall Street Journal (Feb 3, 2009, […]
At long last, many of our banks have finally stiffened their spines.
They’re mad as hell, and they’re not going to take it–government money–any more.
Not all the banks, of course.
The Feds will prop up Citigroup and Bank of America for years to come.
We used to call them “too big to fail”. Now it’s more […]
This business of bailout nation is spinning out of control.
I’m starting to experience compassion fatigue. How about you?
In their collective hubris, the combined forces of the executive and legislative branches seem intent on systematically dismantling our market oriented economy.
You must first understand that all the rescue money is being diverted to moribund and […]
