Richard Bove, the outspoken analyst of Rochdale Research, issued a short note yesterday, titled, "The Government's Not So Invisible Hand." Bove paints a gloomy picture for the U.S. economy, essentially saying we're on a road to high inflation...
When it comes to taxes, much hyperbole is thrown around from various ideological groups. Corporations should be taxed out of some definition of "fairness," says the left; high corporate taxes are unfair, say conservatives and liberarians, because...
The Daily Beast reports today that Bernie Madoff's relatives and close associates must have known he was a fraud, since "in the 90 days leading to the collapse of Bernard L. Madoff Investment Securities, $735 million was withdrawn from accounts...
That would be a bad thing. It's hard to believe that anyone could argue that the New Deal did anything but help turn a recession into a depression. (See here for a prior blog comparing Obama to FDR.) And a friend brought this intersting bit to...
I love it when money managers talk up their holdings, as Buffett did at his annual meeting. He talked about how stupid insurance companies were to offer guaranteed retirement products, but said that Wells Fargo should not be lumped into the same...
Artist Paul Richard has painted a large portrait of the master Ponzi fraudster and is selling it at auction. To bid, go to the artist's website. The latest bid is $8,500.
