Krugman: Bank CEOs Have Learned Nothing

Why did Blankfein and Dimon come off as though crises are normal every 5 years and this one was an act of nature, not of man? Have they learned nothing?

Treasury Dep't: How the "Former-Zombie Bank Tax" Will Work

The Treasury releases a fact sheet for the “Financial Crisis Responsibility Fee”

Some Haiti Stuff

Some links on the Haiti story.

Unconvinced by Dimon's "Size is Good" Argument

The Too Big To Fail Tax is a step in the right direction, despite Jamie Dimon’s mostly true defense of big US banks.

Baidu Adds $2 Billion in Market Cap On Google's China Exit

Google is leaving China, supposedly. Baidu shareholders are over the moon.

Droppin' Knowledge: Rich Masino on Investor Tax Injustices

“While we’re on the subject, I’d like to weigh in on this subject of a financial transaction tax. Simply put, it’s indefensible, and it exhibits a terribly flawed logic that would be akin to taxing a merchant on top-line sales in addition to bottom-line profit.” – Rich Masino