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...
by Jason Apollo Voss | 19 03 2010 | Blog
The Congressional Budget Office released its most recent estimate of monies allocated under Congress’s 2008 Troubled Asset Relief Program (TARP). Recall that this is the program that was designed to allocate bailout monies to U.S. businesses intimately tied to...
by Jason Apollo Voss | 18 03 2010 | Blog
I was truly shocked to learn last night that the Securities and Exchange Commission recently sided with 12 investment banking firms in a lawsuit designed to eliminate a provision put in place in 2003 to maintain the independence of equity analysts relative to...
by Jason Apollo Voss | 18 03 2010 | Blog
It’s Thursday…it must be time for the weekly initial jobless claims report. Et voila. The Department of Labor today reported that initial jobless claims fell by 5,000 last week to a total of 457,000. Meanwhile, the four-week average also went down by...
