Tag Archives: Financial Markets

Obama’s Hollow Shell: A.K.A. “Financial Reform”

I don’t have time to go into the financial reform bill that was passed by the Senate yesterday, so I just wanted to weigh in briefly with my opinion of the latest Obama Outrage. This bill is 2,300 pages long and I assume that the same diligence was pursued by Members of both Houses of [...]

Posted in Barack Obama, Congress, Economy, Federal Reserve, Financial Reform, Solid Principles, Wall Street, White House | Tagged as: , , , , , | Leave a comment

Richard Trumka: I’m Marching Today to Make Wall Street Pay

Our message is simple: Big Banks tanked our economy and took our money when they needed a bailout. Now they’re thumbing their noses at our communities but making billions in profits. It’s time they pay up. Read Complete article at huffingtonpost.com [Editor's Commentary:  The above sound byte is one of the most ridiculous utterances I [...]

Posted in Business, Economy, Solid Principles, The Huffington Post, Wall Street | Tagged as: , , , , , | 1 Comment

Financial District workers can’t bear to watch President Obama take Wall Street to task

BY:  Matthew Lysiak, Kate Nocera and Christina Boyle Wall Street worker Steven Cohen didn’t waste his time listening to Obama‘s speech to the financial industry Thursday. He knew exactly what message the President was going to deliver, and thinks it’s all wrong. “Why would I watch his speech?” the 54-year-old real estate professional said. “The man is [...]

Posted in Barack Obama, Business, Economy, New York, Solid Principles, Wall Street | Tagged as: , , , , , , | Leave a comment

Light At the End of the Bailout Tunnel

  By DEBORAH SOLOMON WASHINGTON—The U.S. government’s rescue of wobbly companies and financial markets is starting to look far less expensive or long-lasting than once feared. As momentum grows at companies that looked like zombies just a few months ago to repay taxpayers for lifelines they got during the financial crisis, the projected cost of [...]

Posted in Business, Economy, Federal Reserve, Solid Principles, Wall Street, Wall Street Journal | Tagged as: , , , , , , , , , | Leave a comment