From the category archives:

Economics

Hypocrisy now

April 4, 2009 by Ryan Barr

Let the hypocrisy begin. President Obama and his administration are now attempting to circumvent the pay caps and other restrictions imposed by Congress on firms receiving government money.

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What do Macro-economics and Mathmatical Methods for Management Decisions have in common?

April 1, 2009 by Ryan Barr

They are the classes I started last night @ Kellogg. Macro was very interesting.  Given the current climate, it must be a tough subject to teach as you almost need to throw the text out the windows.  We are going to focus on the frameworks, bringing in some current events and concepts.  It should be [...]

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Amazing… Simply Amazing – AIG dumping trades at a loss – Transfers the wealth to counter parties…

March 29, 2009 by Ryan Barr

This is a must read… If the actual data ends up supporting this, the entire establishment should be locked up. This is simply amazing. AIG is acting as a funnel for our taxpayer dollars to other banks through massive unwinds – enormous, total portfolio unwinds. This is like selling a $100 bill to your friend for $10. Bad deal for you (A.I.G -> Taxpayer) great deal for your friend (BAC, GS etc…)

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The game is almost over…

March 23, 2009 by Ryan Barr

This does not surprise me at all.  With the Fed’s obvious goal of devaluing the dollar (that is the end game solution to our problem), China is raising the question of the validity of the dollar as the worlds reserve currency. From FT: China calls for new reserve currency China’s central bank on Monday proposed [...]

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I cannot believe what is unfolding before my eyes… We the People.

March 19, 2009 by Ryan Barr

Warning, this is a little bit of a rant. However, I think this is VERY important. Today the House passed a law to tax bonuses at 90% ex post facto. I am not a lawyer, but it appears to me that our Congress in on the verge of unraveling the very fabric of our society. Partisan politics aside, ex post facto laws are unconstitutional.

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Bank is chastised for being responsible?

March 17, 2009 by Ryan Barr

This is a gem… The FDIC is giving a poor rating to a bank for being to cautious… Give me a break.

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The Case for Paying Out Bonuses at A.I.G

March 17, 2009 by Ryan Barr

At least a few people in the media haven’t lost their minds. A rational argument as to why these bonuses should be paid.

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Here’s a winner! Let’s add a new tax just for AIG bonuses…

March 17, 2009 by Ryan Barr

I’m pretty sure CNN had miss printed that headline.. Did I really just read that “Dodd suggests tax to recoup AIG bonuses”… yup, I did.

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Here we go – Mark to Make Believe!

March 16, 2009 by Ryan Barr

Mark to Make Believe is now on the table. Up for vote on April 2nd and will be allowed in Q1 financial statements. Let the games begin.

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You’re kidding me right? – Obama Orders Treasury Chief to Try to Block A.I.G. Bonuses

March 16, 2009 by Ryan Barr

Now the President and Secretary of the Treasury are going to try and control the compensation that is paid at A.I.G. Should we just renamed it to U.S.A.I.G – United States of America Insurance Group?

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