Tag Archives: Financial Reform

Political Tactics In Conflict With Political Goals

Although people often get them confused, tactics are what you plan to do to win the battle at hand, and rather specific, while strategy has to do with why you’re fighting the battle in the first place – you have … Continue reading

Posted in Financial Reform, Party of No, Republicans: All Tactics, Senate Confirmation Process, Tactics versus Strategy | Tagged , , , , , , , , , , , | Leave a comment

Some Derivative Observations

You have to admire the focused and determined sorts who know, when they’re ten years old or so, exactly what they’re going to be in life, and with amazing single-mindedness become what they said they’d become – a doctor or … Continue reading

Posted in Credit Default Swaps, Derivative Trading, Financial Reform, Hedging Risk | Tagged , , , , , , , , , , , , , , , | Leave a comment

On Enjoying Being Cheated

Rochester, up at the forgotten top left corner of New York, and so many hundreds of miles from Manhattan, just wouldn’t do. It felt static, kind of dead in the water, so in 1981 it was off to LA – … Continue reading

Posted in Financial Reform, Goldman Sachs Charged With Fraud, Life in Hollywood | Tagged , , , , , , , , , , , , , , , | Leave a comment

Responsible Adult Leadership

Maybe you had to be there. People say that when they realize you have no idea what they’re talking about. And you can imagine some Tea Party enthusiast – perhaps a reasonably well-off very angry white guy in his late … Continue reading

Posted in Financial Reform, Republicans Are the Adults, The Culture Wars, The Sixties | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

The Beginning of the End of the Age of Casual Fraud

One does not usually associate high finance with high drama. Oliver Stone pulled it off in his 1987 movie Wall Street – but that relied on a script full of over-the-top one-line zingers, and on Michael Douglas, with the slicked-back … Continue reading

Posted in Economic Issues, Economic Theory, Financial Meltdown, Financial Reform, Goldman Sachs Charged With Fraud | Tagged , , , , , , , , , , , , , , | 1 Comment