Straight Up Saturday, March 14th 2009
March 14, 2009 by Lela Davidson
Filed under Finance
A lot of the buzz seems to be swirling around regulatory issues this week.
- Becker and Posner discussed mark-to-market rules and how they might be applied in the future.
- Huffington Post called for a financial regulatory overhaul.
- Illinois Senator Dick Durbin proposed a consumer-oriented regulatory agency to police financial products: the Financial Product Safety Commission. Cool idea, if your 401(k) is full of melamine.
- Truthout weighs in on big banks, huge bailouts, gigantic potential losses.
- Imus gives us 60s throwback activist Dick Gregory, who thinks his taking time off food will solve complex economic crises.
- I covered the tax ramifications of mortgage debt forgiveness over on Business Pundit.
