by Jason Apollo Voss | 26 03 2010 | Blog
Yesterday the EU put the finishing touches on its bailout package for the troubled Greek economy. Key to moving the deal back into the EU court from the IMF court was the involvement of France. The deal is valued at 22 billion Euro and combines monies from both the...
by Jason Apollo Voss | 23 03 2010 | Blog
In February, existing home sales fell 0.6% according to the National Association of Realtors. This was better than the expected decline of 2.0%. Additionally, the median price of a home fell 1.8%. Analysis: Home sales are important data to track right now because...
by Jason Apollo Voss | 23 03 2010 | Blog
I have been closely tracking the debt crisis in Europe for almost two years now. The financial crisis that beset the United States in 2008, and whose effects continue to this day, was much worse in certain European countries. Frankly, the full impact of the crisis...
by Jason Apollo Voss | 23 03 2010 | Blog
The United States “pay czar,” Kenneth Feinberg, is going to be reviewing the pay and bonuses of 419 firms that received TARP (bailout) monies to see if those funds were paid out properly in the midst of the crisis in 2008. Included in those firms are AIG,...
by Jason Apollo Voss | 20 03 2010 | Blog
At a speech in Orlando, Florida, the chairwoman of the Federal Deposit Insurance Corporation (FDIC), Sheila Bair, spoke out against the U.S. implicit policy of “too big to fail.” This unwritten policy states that certain financial institutions, even if...
