HuffPo is reporting that Tim Geithner has expressed opposition to Elizabeth Warren’s nomination to head the Consumer Financial Protection Bureau — a department that she helped create. The article isn’t sourced well — it comes from an unnamed “source with knowledge of Geithner’s views” — and in response to the report Michael Barr, Assistant Treasury Secretary and one of the [...]
I just finished Michael Lewis’ wonderful book The Big Short. In it, Lewis recasts the financial crisis as a tale of heroism, where three rogue investors peer through the fog of moral recklessness and embarrassing incompetence that was the financial service sector circa 2008, and decide to short the market. They were right, of course, and they make away with [...]
In today’s Crimson, Colin Motley and Caleb Weatherl knock off most of the requirements for your standard anti-Obamacare hit piece. Invocation of public opinion without acknowledging that majorities favor the actual policies just enacted when they are described? Check. “Government takeover of health care”? Check. Moaning about how the bill isn’t “post-partisan,” while ignoring the fact that Republicans were never [...]
