Another one of those days. I’ll get back to this tomorrow. Link away.
Finding a way out of the unnecessary box created by judicial rulings and Justice Department appeals, military leaders will certify the repeal of the military’s Don’t Ask Don’t Tell policy tomorrow afternoon. This includes Defense Secretary Leon Panetta and all of the members of the Joint Chiefs of Staff. Only
The Eurozone rescue deal for Greece relies on a ton of assumptions about how to get the country back to fiscal balance and how the markets will react. At a press conference late Thursday, Chancellor Angela Merkel of Germany confirmed the aid package of 109 billion euros ($157 billion) for
I think we’re dealing with another yo-yo situation, where the White House puts out a trial balloon, gauges reaction, and then pulls it back, allowing everyone to see what they want to see but mainly confusing the issue. Earlier today the New York Times reported a wide-ranging deal between the
In addition to being the launch date for the Consumer Financial Protection Bureau, this is the one-year anniversary of the Dodd-Frank financial reform law. I wrote yesterday about how the law has not really caused much of a ripple on Wall Street. Let’s hone in on one, maybe the most
The Consumer Financial Protection Bureau opens for business today. It’s an agency with a simple idea: protect consumers from getting screwed in their financial dealings on credit cards, student loans, mortgages, payday lending, bank dealings, etc, etc. Some of the agency’s powers will not be transferred today, because it does