Recent Articles

Europe’s other fissures

| October 15, 2012 | 0 Comments

Realists watching the events in Europe over the last few years accepts that there is at least a small risk of the whole thing falling apart. (Some will say “I told you so,” but it remains a most distressing turn of events.)

Yet instead of the usual talk of entire countries withdrawing from the euro, we are increasingly faced with the prospect of individual countries splintering along regional lines.  Continue Reading

Nibbling away at the banks

| October 3, 2012 | 0 Comments

Marc Andreessen was right — software really is eating the world. And it looks like one of banking’s best defended businesses is about to be devoured. Continue Reading

Leaders think Europe’s problems are solved, Europeans beg to differ

| September 26, 2012 | 0 Comments

A few weeks ago Mario Draghi, president of the European Central Bank, unleashed the bazooka. Continue Reading

The best land on earth

| September 20, 2012 | 0 Comments

The 400 richest people in America are now worth $1.7 trillion, according to the latest list from Forbes. Continue Reading

Give a bank an inch…

| September 14, 2012 | 0 Comments

I’ve long admired Thomas Hoenig’s habit of telling it like it is. Hoenig, former president of the Kansas City Fed and current board member of the FDIC, was at it again this week. Continue Reading