Silicon Valley Bank and the Regulators
One question that has come up is whether this was a failure of regulation. Stanford Prof. John Cochrane is a proponent of this idea. I don’t find his arguments persuasive. Continue Reading →
One question that has come up is whether this was a failure of regulation. Stanford Prof. John Cochrane is a proponent of this idea. I don’t find his arguments persuasive. Continue Reading →
On March 10, Silicon Valley Bank was closed by the FDIC. The main cause was an incompetent management team that wasn’t interested in banking. Continue Reading →
Biden wants to force ESG rules on fiduciaries. If markets are efficient, portfolios that maximize returns must outperform all others, Continue Reading →
There is a baby formula shortage in the U.S. today. Relaxing U.S. restrictions on imports would help. Congress is incapable of doing that. Continue Reading →
Puerto Rick is a hurricane magnet. After the last one, power was out for 928,000 residents. The island has many diesel power generators. A tanker full of diesel was moored off the coast. But it wasn’t allowed to dock. Why? The Jones Act. Continue Reading →
Some bureaucrats in the Consumer Product Safety Commission have floated a proposal to ban the sale of gas kitchen stoves. Continue Reading →
Rep. Dan Bishop dissected the “omnibus” spending bill. He highlights the worst travesties. $3.6 million for the Michelle Obama Trail? Continue Reading →
Rep. Chip Roy (R-TX) has a long list of waste in the continuing budget resolution to keep the government open. Read it and weep. Continue Reading →
The truth about ESG funds: fund managers are raking it in on all this stuff. And some funds may not live up to their own standards. Continue Reading →
Others call it student loan forgiveness. I’m with Karol Markowicz: it’s the poor people pay rich people’s loans boondoggle. Continue Reading →