Op/ed: Bank of America moral hazard may lead to another financial crisis
Op/Eds, OpinionBy Steven Mintz How can it be that Bank of America has settled claims in excess of $66 billion for its role in the financial meltdown that spawned the economic recession in 2008 and no top executives have spent any time in jail? How do we explain that regardless of gross violations of ethical standards, Read More →
Op/ed: ’Tis the season to borrow money from family and friends…Ugh!
Op/Eds, OpinionIf you follow these steps, you will be able to help your family and friends in their time of need without losing them in the process.
Op/ed: Putting oil on the road to nowhere
Op/Eds, OpinionOil as a transportation fuel will be around for a few more decades. But oil as a hazardous monopoly fuel is now merely one of multiple options.
Op/ed: Cheap oil won’t help Detroit sell more cars — but discounts will
Op/Eds, OpinionBy Edward Niedermeyer U.S. auto sales boomed on Black Friday as huge discounts pushed volumes to more than 17 million units on an annualized basis, the highest level in 11 years. But even with big price cuts pumping up deliveries of new cars — likely at the expense of fourth-quarter profit margins — the biggest discounts of Read More →
Op/ed: The Gold Bug’s bull narrative keeps on failing investors
Op/Eds, OpinionRather than accepting certain unpleasant realities, gold bugs have contorted themselves into a painful waiting game.
Bank Secrecy Act spoils Christmas for merchants who prefer cash
Op/Eds, OpinionSometimes something that starts out with good intention can turn bad. This seems to be what has happened with the Bank Secrecy Act of 1970.
