Wednesday, August 31, 2011

Monday, August 29, 2011

Buffett betting on bank bailout?............

If you're looking for proof that Too Big to Fail is still alive, and that Washington won't leave large financial institutions to the mercies of capitalism, consider billionaire Obama fundraiser Warren Buffett's $5 billion bet on struggling Bank of America.Link

Sunday, August 28, 2011

Friday, August 26, 2011

Bernanke has no answers.

JACKSON HOLE, Wyo. — In a key speech on the economy Friday, Federal Reserve Chairman Ben Bernanke proposed no new steps to boost growth, but did hint that Congress may need to act to stimulate hiring and the economy.Link