County Treasurer Andy Meisner Puts Heat On Congress Over Fannie/Freddie Tax Exemption There’s no shortage of people in Congress that are looking to get their paws on Fannie and Freddie because they share the same outrage that we’ve shared: That these entities were started for a good public purpose and that they have evolved into […]
Bank of America To Replace Local Tellers With Low-Wage Video Conferenced Tellers In the past three months, Bank of America has quietly been replacing their ATM machines with models that allow for video conferencing. At first glance, it appears Bank of America did this to make their ATM customers feel all warm and fuzzy. “Too often, […]
The Dubai Economic Comeback Is Going Nuts, And There’s A Surprising New Factor Fueling The Boom Joe Weisenthal of Business Insider wrote a great piece about the Dubai economic comeback. Here’s a fascinating nugget from SocGen strategist Kit Juckes, who just spent some time in Dubai. Everyone knows that there’s a huge real estate boom there […]
JPMorgan Has No Idea What they Bought From The FDIC Matt Levine of Bloomberg wrote a great piece about how JPMorgan Chase has no idea what WaMu Assets They Bought From The FDIC You may have heard that the nation’s third largest bank is paying a lot of people billions of dollars to settle those […]
Angela’s Agenda: Germany’s Dream Of European Conquest The Der Spiegel Staff wrote a great piece about Germany’s dream of European conquest Angela Merkel’s domestic policy in her third term will likely be confined to higher spending. But she has grand plans for Europe. SPIEGEL has learned she wants Brussels to have far more power over national […]
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