Tag Archives: Wall Street
Financial Reform for Dummies

Financial Reform for Dummies

Most of us haven’t a clue about what happens on Wall Street.  We wouldn’t know a “credit swap,” from a “derivative” or a “mortgage pass through” (this last one sounds like it might be painful).  The 1700+ page bill being written in ...Read more

Lessons from Ireland and Credit-Crunch: Problems R Us

Lessons from Ireland and Credit-Crunch: Problems R Us

America’s Irish celebrated St. Patrick’s Day on March 17.  America’s non-Irish celebrated, too.  We love holidays and festivals, and our country has benefited greatly from its Irish-American population, so many of whom are here because their ancestors fled Ireland to ...Read more

Taxing Wall Street with Righteous Wrath: Please, Can We Be More Aware and Less Angry?

Taxing Wall Street with Righteous Wrath: Please, Can We Be More Aware and Less Angry?

Two Thursdays ago, President Obama announced a new policy: imposing a “Fiscal Crisis Responsibility Fee” on Wall Street.  The title is both shifty and judgmental, with the judgments based more on emotion than on fact.  The fee is actually a ...Read more