Just realized that Citigroup’s reverse split is this week.
$C
Where Have All the Brokers Gone?
I have a piece up at Wall Street Journal today about the “dangerous stockbroker shortage” that is currently threatening America.
El Cisne Negro
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…
Land of a Thousand Spin-Offs
More support for the Volcker Rule will lead to spin-offs galore in the financial services industry. Guess who benefits.
Soros Still Enamoured With Paulson Picks
George Soros continues to follow John paulson into trades.
Hot Links: Stockmurder, Ketchup & Miranda Kerr
Some links for ya.
TRB vs Carney on the Big Bank Tax
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.
Hot Links: We're All Bloggers Now
Stuff I’m Reading this Morning…
A Supply Sider Embraces the Too Big To Fail Tax
A former Reagan staffer explains why the tax on giant bailed-out banks is actually a fiscally conservative proposal.
Hot Links: Tabula Rasa
Some of my fave links from over the weekend.