Dec 18, 2015
My tax proposal is seen as fair, effective and elegant in its simplicity by a large swath of the political spectrum, including liberals and conservatives. The time has come to end federal taxation as we know it.
Dec 3, 2015
The primary function of the Federal Reserve should be to stabilize the U.S. Dollar. This view has been voiced recently by former Federal Reserve Chairman Paul Volcker and 2016 republican presidential candidate Senator Ted Cruz from Texas.
Nov 19, 2015
Barclays recently agreed to pay $150 million to resolve the “Last Look” allegations of abuse in the foreign exchange market through its electronic trading platform: a very serious charge, since it intentionally sought unfair advantages over clients and counterparties through this venue.
Nov 12, 2015
Taxpayers remain the backstop for risky swap derivative investments held by financial institutions.
Nov 6, 2015
The Federal Reserve plans to rein in the extraordinary bank mismanagement that lead to the financial and economic collapse in 2008.
Oct 30, 2015
Barclays Bank seems like it is next in line to settle with the authorities regarding its dark pool operations.
Oct 23, 2015
Income inequality is self-reinforcing, since wealthier households consume a smaller percentage of their income, and savings tend to be invested in short-term, speculative, and arbitraged financial assets.
Oct 16, 2015
The only effective deterrent to financial misdeeds is the possibility of personal punishment.