Archive for S.E.C.

Jul
16

Like to Watch

Posted by: Bok | Comments (0)

100716boklores

The 2,300 page Dodd-Frank financial bill passed yesterday. Only 3 republicans voted for it.  The rest hope the voters hate Congress even more than they hate Wall Street.

Nobody knows how it will work –  Chris Dodd says so.  We do know there’s nothing in the bill about Fannie Mae or Freddie Mac. They’re not part of the problem –  Barney Frank (scroll to 43.) says so.

Meanwhile, a Justice Department lawyer, Christian Adams, resigned his post. He was unhappy the department dropped his voter intimidation case against two New Black Panthers, one of whom was a certified poll watcher.

May
07

Wall Street’s Fat Finger of Fate

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100507boklores1

The Dow plunged 1000 points yesterday and bounced back 500 in about 20 minutes.  Some experts suspect someone pushed the wrong button.

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Apr
28

Short Shorts

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100428bokloresHolman Jenkins says the subtext of yesterday’s Senate panel grilling was that it’s unpatriotic not to lose money when home values plummet.

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Apr
27

Early Warning System

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100426boklores

Gordon Crovitz shows how John Paulson saw the housing crash coming and told the investment world about it through the  complicated financial gadget he conjured up with Goldman Sachs.  Click here for his column in the WSJ.

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