I added a new post on the WSJ Bogle opinion piece. This opinion piece from a legendary mutual fund founder says you can no longer trust money...
Vanguardâs full court press in the media to promote a financial-transaction tax is anti-competitive and self-serving for their interests. Do...
Many articles tonight. Vanguard full press. G7 leaning levy over FTT. Sorry links don't transfer with iPhone On Jan 18, 2010, at 10:30 PM,...
DeFazio will probably ask Dean Baker to write his new bill using Baker's logic in his most recent article posted a few pages back. Now they are...
I think the banking industry will lose a lawsuit against the bank tax plan because it's a fee not clearly a tax - after all it's not an income tax...
Still DeFazio's new bill HR 4191 is titled "Let Wall Street Pay For the Restoration of Main Street". The main body points refer to the 700 billion...
the administration knew the bank's legal argument of selective and punitive taxation, so they called it a fee. Before that they were going to use...
From The New York Times: Wall St. Weighs a Challenge to a Proposed Tax Wall Streetâs main lobbying arm hired a litigator, who could argue...
Fianancial transaction tax FTT bills in the US are structured to address payback of TARP. The bank tax swoops in to handle TARP losses. Does't the...
Ps meant to add that even a hedge fund like Long-Term Capital was too-big-to fail in 1998 which led to Asian contagion and curiously soon...
Naysayers of the bank tax say it does not address too-big-to fail, high risk and leverage, and moral hazard - the government being the back stop...
Secretary Geithner has repeated often that he does not support a FTT. President Obama has sacrificed the banker tax to assuage populist forces. He...
PS, if traders had to choose a bank tax or FTT, they could afford 15-basis points on debt-financed capital with a bank tax. Plus they pay margin...
I wanted to relax yesterday and toast our apparent victory but then got several new FTT story links in Google alerts on FTT. As expected, the EU...
Pearlstein. What's intellectually honest about putting market makers out of business without acknowledging that market disruptive fact? All he...
WSJ has some good articles protesting the bank tax. I Commented on several. Here is one link...
After my last post earlier tonight, I just noticed this article in the WSJ...
The UK was the first to show courage of leadership in saving its banks with a bailout and the US soon followed suit with its own TARP bailout....
With the UK passing the banker bonus tax and it being absorbed by the banks rather than their employees - which snagged US banks doing big...
http://www.huffingtonpost.com/mike-lux/the-curse-of-the-wall-str_b_423302.html give them a finger and the left-progressives want a hand. They...
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