I wonder how the US would be like in a serious depression with 400 richest Americans owning as much wealth as 150 million of the poorest Americans. The GWB tax cuts, which McCain will continue, and the health care plan which will move people from company based group plans to individual plans will further  Read Full Comment...

Volcker has reduced himself to just-another-wise-guy status, a la Messrs Paulson, Prince, Rubin, Dimon et al. All to clever by half. Half hell - by fractions. They'll all gladly exploit human frailty for their own excesses. Human frailty in this case is the powerlessness to change the extortion associated  Read Full Comment...

I noticed a difference in leadership styles between the two candidates: McCain tends to say, "Follow me because the other guy can't get it done" while Obama says, "follow me because I can get it done." Ideally, the candidates should say, "follow me because i will help you get it  Read Full Comment...

D. Newton, if the candidates had actually said anything new I'm sure Charlie's panel would have talked about it. They DID talk about McCain's "mortgage buyout" plan because that was the only supposedly new thing out there. As far as Pakistan goes...give me a break. The Bush  Read Full Comment...

Karen, the fact that even David Brooks couldn't find anything good to say about McCain's performance should tell you something. Mr. Brooks grabbed on to McCain's "mortgage buyout" proposal because he wanted to say something good about McCain's performance. Journalism is NOT about  Read Full Comment...

We are witnessing the "twilight of illusion." Someone should tell Paul Volker. In his book, The Great Crash of 1929, John Kenneth Galbraith notes that on September 11, 1929, in keeping with a regular practice, The Wall Street Journal printed its thought for the day. It was from Mark Twain.  Read Full Comment...

and when earth is a lifeless rock, if there be a beauty to recall of humankind, it would have to be the ideals and toil of peasants who though trampled upon by so many, still strived to live by honorable means, and held fast to their ideals through all time. Linus, you break my heart and inspire it. If  Read Full Comment...

How did we get here? Are we (Accountants), to blame, again? Re: Derivatives, FASB # 133, SAS No. 92, SOX Provisions, etc. This game of HOT POTATO (Derivatives), didn’t start 16 months ago, it started more than (13) thirteen years ago! That’s right (13) thirteen years ago!   Read Full Comment...

So is Howard Stringer a socialist? He says Obama can fix everything with a handshake, yet he bases Sony's business on nearly antitrust like strategies of competing by using other product segments where Sony dominates to create a proprietary link between each product segment, thus blocking out the  Read Full Comment...

Since most of you probably are not going to take the time to read all the information that I posted about the derivatives market from the 1990s to the current crisis I am going to post on this forum just the following: Stock Market Crash in 2007 or  Read Full Comment...