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The Republican Congressman wants to hang Ben Bernanke out to dry because he believes that the Fed Chief forced BoA Chairman Ken Lewis to go through with a bad deal.
Tomorrow, Ken Lewis, the head of Bank of America goes in front of Congress to testify on the events leading to the Bank of America acquisition of Merrill Lynch. The lesson that he gets should be...
Hank Paulson directed a homerun this week. Times like this show the importance of having someone at the plate who is experienced and skilled in charge of the economy.
I happen to agree with some of Ron Paul's points (some, not all) but he sounds downright crazy in this interview. He asks one question, gets an answer, and then changes the question. Listen to...
I couldn't believe that Mozillo and Dodd were pushing so hard for a large rate cut. Going in to the Fed's decision, it seemed certain to me that Bernanke would stick to his principles and continue...
I am long the market and I am very pleased that it moved up so strongly in response to the Fed's rate cut today, but I think that it shows that this man lacks balls.