James Pethokoukis

The science of bank solvency

May 19, 2009

Because everyone in Washington wants to take a bite at the delicious apple that is the Wall Street meltdown, the Investigations and Oversight subcommittee of the House Science and Technology committee held a hearing today on the “Science of Insolvency.” Now I was hoping to get a panel chock full of new-fangled “econophysicists.” Instead I had to settle for Columbia’s Jeffrey Sachs, blogger and former IMF economist Simon Johnson, Dean Baker of the Center for Economic and Policy Research and David John of the Heritage Foundation.

In Medias Res

May 19, 2009

Greetings! I am the new Washington-based Money & Politics columnist and blogger for Reuters. I will be writing about the big picture U.S. economy and economic policy. Think of my beat as the nexus of Washington and Wall Street, how politics and policy affect the economy and how the economy affects politics and policy. In short, political risk. Previously, I held the same position at U.S.News & World Report magazine. More to come …