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Occasionally the SEC and other regulators will castigate, actually punish, fraudulent events on Wall Street. Of course the real punishment is only meted out to individuals and small companies. Mega banks – the banking mafia – are largely immune.…
China may be once again beating us at our own game. But instead of ripping off American goods and producing them at a fraction of the cost, this time they’ve copied our monetary policy. And like everything the Chinese do, they are doing it big. The…
There’s always a bright side to things, just ask the markets. All three headline composites of the latest Case Shiller home price index were lower for the first quarter 2012. In fact, home prices in many cities are at the lowest levels since the…
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