Dodd-Frank

The Federsal Reserve bows to big banks today, China tomorrow

Yesterday’s JPMorgan shareholders meeting was “pretty tense”, according to Lisa Lindsley who attended the meeting in Tampa.  Lindsley is the director of capital strategies at the American Federation of State, County and Municipal Employees pension plan.  In a radio interview with me yesterday Lindsley said that it was obvious that the JPMorgan people clearly wanted

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Trading in stocks down

The U.S. stock market is in crisis.  Small investors continue to get out of stocks.  Read about the problem and one possible explanation in the stories below.  Tomorrow I’ll talk about an alternative for small investors. New York TimesMay 7, 2012Stock Trading Is Still Falling After ’08 CrisisBy NATHANIEL POPPER Even though American stocks have

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If you can’t compete…attack the rules of the game

This week the U.S. House is expected to start voting on legislation to turn back regulations and make it nearly impossible for federal agencies to develop new regulations in the future. If that happens, Congress might as well just stop passing any new laws because the rules for implementing them will never be developed.  One

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