The FT’s John Gapper heard Paul Volcker speak about financial regulation in Florida today: [H]e emphasised this afternoon that he was “not proposing a return to Glass-Steagall” because he regarded securities underwriting as “a reasonable banking function analogous to lending”. Nor did he want to bar banks from mergers and acquisitions advice. The only activities [...]
Well, it looks like we could be getting a fresh home-buyer tax credit any day now. What better way to fix a bubble caused by too much home-ownership than to encourage more home-ownership? This time around, you don’t even have to be a first-time buyer to take the credit. Nor do you have to be [...]
Here’s a little advice for folks pushing health-care reform: sneeze more. A study due out in the journal Psychological Science finds that when people have just witnessed a sneeze, they’re more likely to want to fund federal health initiatives.
As a longtime inhabitant of businessmagazineland, I stumbled over a few of the assertions in David Carr’s column on the death of the business magazine in today’s NYT. For example: Business magazines used to relish explaining all the complex new financial instruments that Wall Street was using to pile up profits. But now it has [...]
