The Wall Street Journal is reporting, based on unnamed sources, that the Obama administration’s top regulators are resisting the ‘New Financial Foundations’ regulatory reform plan written and proposed by U.S. Treasury Timothy A. Geithner, and the President’s White House Economic Advisor, Lawrence Summers. In attendance were Federal Reserve chairman Ben Bernanke, Federal Deposit Insurance Corp. […]
The 2009 G-20 summit, began today in London, running through Friday, April 3d. The overall objective will seek to reach consensus among Leaders of member nations on how to confront the Global economic crisis. The agenda, to say the least, is full. However, there are divergent proposals and solutions, and still many challenges that must first be confronted. This […]
Foreign Policy magazines interviews Mohamed El-Erian, Co-CEO & Co-Chief Invesment Officer of PIMCO — an international invesment management firm. Mr. El-Erian’s is also one of the world’s most respected investment managers & economic analysts. His commentary is widely followed quoted on Wall Street. He shares his insights on the realignment of the global economy and why we aren’t prepared to handle it without significant risks of both market accidents and policy mistakes.
Charlie Rose interviews Fred Mishkin, Nouriel Roubini, et al. This is a concise — but informed — discussion of where we are, and where we need to go as far as the current American banking and financial crisis. The interview by Charlie Rose of Fred Mishkin (Columbia University), Nouriel Roubini (NYU), Mark Zandi (Moody’s) and others […]
Clifford Levy writes an incisive peice about the current Ukranian financial crisis in today’s New York Times. The Ukrain experience has close parallels to what’s happening in the U.S. and western Europe, but on a smaller stage. Could this be where we are headed..??