When Warren Buffett testifies before the Financial Crisis Inquiry Commission Wednesday, it will be because he was subpoenaed. If you don’t know how a subpoena works, this one begins with capital letters, “YOU ARE HEREBY COMMANDED to appear and give…
Barry Ritholtz of The Big Picture has been out in force lately defending the SEC’s case against Goldman. It started last Friday with this post: “10 Things You Don’t Know (Or Were Misinformed) About The GS Case”. That post was…
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“The First Senator From The Tea Party?”, Mark Leibovich, The New York Times Magazine, January 10, 2010 “Florida governor Crist goes from GOP leading light to party pariah”, The Washington Post, April 18, A1
Sen. John Cornyn, who is spearheading the Republicans’ campaign to take back the Senate, is on a roll. The GOP snatched a seat in Massachusetts and polls favor Republicans in many key states. But the genial Texas lawyer is facing…
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Today’s SEC announcement was a well timed and perhaps not coincidental effort to sway some on the fence Republicans to support a tougher financials bill. – Roger Freeman, Barclays Capital (via Bob Pisani) Disclosure: Top Gun has no position in…
The state of California’s real unfunded pension debt clocks in at more than $500 billion, nearly eight times greater than officially reported. That’s the finding from a study released Monday by Stanford University’s public policy program, confirming a recent report…
Many republicans are looking forward to November as a repeat of 1994, when popular anger against an overreaching, reformist Democratic Party enabled the GOP to pick up 56 seats in the House of Representatives. But Republicans might be well advised…
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …