We’re winning!

“We” being people who want to keep talking about the economy. Seems that’s what’s most on people’s minds according to early exit polls. Surprising? No. Good news for future traffic to the Curious Capitalist? Yes! If you’re in the mood for some more in-depth and up-to-the-minute election commentary, I’d suggest checking out the liveblog Michael [...]

You may make a mess, but please don’t try to clean it up

It’s hard to believe, but people are starting to express outrage over the New York Fed hiring the former chief risk officer of Bear Stearns to help supervise banks. To be fair, I feel like I should acknowledge that it would be practically impossible to clean up this mess without employing some of the people [...]

The voting news

Because it is required of bloggers to declare that they voted and tell how long the line was, I hereby declare that I voted and that the line outside the P.S. 166 polling place in Manhattan was at 10:15 a.m. longer than I’ve ever seen it (stretching about half of a very wide Upper West [...]

So much for buying those troubled assets

The WSJ has an article this morning reporting that Treasury is now looking into buying stakes in a broad range of financial companies, … including bond insurers and specialty finance firms such as General Electric Co.’s GE Capital unit, CIT Group Inc. and others … That’s interesting. But here’s what’s really interesting: Treasury Secretary Henry [...]