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The Greek tragedy is far from over as the debate over whether to accept debt-forgiveness conditions upended the government in Athens. Furthermore, other debt-laden European nations risk going under.
Fannie Mae's recent 10-K annual report filing with the Securities and Exchange Commission showed losses on derivatives of approximately $7 billion, a very large loss, but considerably less than press speculation. But the 10-K filing did not entirely put to rest the many questions about Fannie's accounting and whether the...
In less than twenty-five years, government “affordable housing” and other housing policies have turned a healthy market into a financial ruin. Until Fannie and Freddie’s market dominance and the government’s role in the housing finance system are substantially reduced or eliminated, the United States will continue to have an inferior and unstable housing market.
It's always painful to take on the myths and ideological narratives of the left. The pundits of the liberal (excuse me, "progressive") media make a pretense of listening to reason, but when their views are challenged, they become abusive.
Since becoming chairman of the Securities and Exchange Commission (SEC), Christopher Cox has been advancing the idea of a new, electronically based system of disclosure that will both improve the information available to investors and reduce the disclosure and reporting costs of companies. This new system, which the chairman calls...
The Dodd-Frank Act was sold to the American people by the media and the Obama administration as necessary to prevent another financial crisis, but the financial crisis was not caused by weak or ineffective regulation. On the contrary, the financial crisis of 2008 was caused by government housing policies--sponsored and promoted by many of the same people who framed and ultimately enacted the DFA.
The question the Financial Crisis Inquiry Commission should have answered--and did not--was why there were so many bad mortgages outstanding in 2008?
Policymakers can increase American retirement security by restricting employers from offering company stock in tax-preferred 401(k) plans.




