Monthly Archives: April 2010

We have mentioned several times previously of the (still) somewhat below the radar problems with FHA, Fannie Mae and Freedie Mac- collectively representing government involvement in the residential mortgage market. New home sales and foreclosures have risen in the past … Continue reading →

Real financial system reform could be codified in a paragraph or two . The first paragraph would deal with fiduciary, something most of Wall Street firms just talk about but don’t actually do. If you have any doubt just watch … Continue reading →

The Investment Company Institute (ICI) reports that bond funds accounted for almost 80% of the flows into mutual funds over the past 12 months. Since the stock market bottomed about 13 months ago , one might imagine that much of … Continue reading →

A good “fair and balanced” article on VAT . The couple paragraphs in the middle of the article on the simple math of our budget mess are quite good.. so is the end of the article. The reason we have … Continue reading →