Just realized that Citigroup’s reverse split is this week.
I have a piece up at Wall Street Journal today about the “dangerous stockbroker shortage” that is currently threatening America.
Over the weekend, the government finally succeeded in getting Vale, the world’s largest iron ore miner, to kick CEO Roger Agnelli out of the company…
More support for the Volcker Rule will lead to spin-offs galore in the financial services industry. Guess who benefits.
George Soros continues to follow John paulson into trades.
Some links for ya.
Since neither the construction nor the operation of TARP or its sister programs was constitutional to begin with, it is an absurdity to argue that the addition to this program of a new recompensatory feature violates the constitution. This would be like arguing about what color a unicorn’s tail is supposed to be.
Stuff I’m Reading this Morning…
A former Reagan staffer explains why the tax on giant bailed-out banks is actually a fiscally conservative proposal.
Some of my fave links from over the weekend.