Commentaries

from Rolfe Winkler:

Lunchtime Links 9-16

September 16, 2009

Me talk presidential one day (GQ, ht Felix) A former Bush speechwriter explains just how confused the White House was last fall when it was racing to release TARP.

from Rolfe Winkler:

Lunchtime Links 9-15

September 15, 2009

Wells Fargo fires exec over Malibu house scandal (Reuters)

Warren: "Until we have a credible liquidation threat, we don't have capitalism in America" (HuffPo) Yeah, we need better resolution authority for big financials, but we should break up banks so that they aren't large enough to pose a systemic risk in the first place. By the way, for all the folks out there that think the government "made money" when Goldman bought back TARP warrants at a small profit, Warren reminds us that they still have $13 billion of your money that was passed through AIG.

from Rolfe Winkler:

Lunchtime Links 9-11

September 11, 2009

MUST READ--Big food vs. big insurance (NYT)"What happens when the health insurance industry realizes that our system of farm subsidies makes junk food cheap, and fresh produce dear, and thus contributes to obesity and Type 2 diabetes? It will promptly get involved in the fight over the farm bill — which is to say, the industry will begin buying seats on those agriculture committees and demanding that the next bill be written with the interests of the public health more firmly in mind."

from Rolfe Winkler:

Lunchtime Links 9-9

September 9, 2009

A little judge who rejects foreclosures (NYT)

New York nears charges on Merrill deal (WSJ) Judge Rakoff complained that the SEC wasn't going after particular individuals responsible for misleading BofA shareholders. NY AG Cuomo is taking charge...

from Rolfe Winkler:

Lunchtime Links 9-8

September 8, 2009

Cornell Undergrad Tuition + Room/Board = $50,114 (Cornell) Happened upon this table after I wrote my column on the rising cost of college last week. I'm not saying this is representative of most colleges. It isn't. Still, the size and consistency of the price increase is remarkable. If the government stopped providing so much credit, schools wouldn't be able to raise prices like this.

from Rolfe Winkler:

Labor Day Links

September 7, 2009

(Reader note: Just a reminder for those who wish their links to open in a new tab, you can either right click the link and select "open in new tab" or click the scrolling wheel and it will happen automatically)

from Rolfe Winkler:

Distractions

September 4, 2009

(Reader note: here at Reuters we've been discussing the merits of opening links in a new tab vs. the same one. So I'm going to experiment for a week with links in the same window. If you prefer them to be opened in a new tab, just right click)

from Rolfe Winkler:

Daily Distractions 9-3

September 3, 2009

Banks need to end $1 trillion kick the can game (Bloomberg) Great column from David Reilly. I've been working on FAS 166/167 -- the new accounting rules that will force banks to bring assets back onto their balance sheets -- and hope to have something to add to the conversation soon.

from Rolfe Winkler:

Daily Distractions 9-2

September 2, 2009

(This week has been particularly slow from a news standpt...so not a lot of links on topic today. I'm sure readers probably prefer that!)

from Felix Salmon:

Late links, September 1

By Felix Salmon
September 1, 2009

Ex-girlfriend ignoring you? There's an app for that

Taibbi on TARP math: "like calculating fund returns by only counting the stocks that have gone up"