Capital Commerce


October 2009


Don't Forget Too Big to Fail

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A former Citigroup chairman and a partner at Roaring Brook Capital (founded by a former Merrill Lynch executive) issue their recommendations for financial reform in the WSJ:

One thing our public officials should not do is get caught up in a debate over "too big to fail." It's a catchy ...

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Marijuana And State Budgets: Now What?

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The Justice Department will no longer go after medical marijuana users in states where the substance is partially legal. At about the same time as the Obama administration made headlines for that move, Gallup announced that a recent poll has found the greatest-ever number of Americans in support of ...

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How Outsourcing Creates American Jobs

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This highly-Dugg article lists the top U.S. businesses that have moved facilities and jobs abroad. It's generating comments like this one:

you outsource your country and theres nothing LEFT for normal people to work at except malls and retail stores.

But just a few days earlier, Vivek ...

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Name That Country

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In today's Financial Times, David Pilling gives a good overview of how the "dead hand" has returned to American economic policy:

Much of the banks’ money has been lent not to small private enterprises, but to big [state-supported financial institutions], many of which do not really need ...

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Is the Dow at 10,000 the Result of an Obama Bubble?

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The Dow's closing at the symbolic 10,000 mark yesterday has some people excited that maybe Washington really is doing the right thing.  Jim Pinkerton says, "Obama should get some credit." But he immediately follows that up with:

...if I had borrowed, printed, or otherwise conjured up more than $12 ...

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