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The election could mark a pivot point for organized labor.
Posted by J.M. Hamilton Blog at
5/31/2012 5:31 AM
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“If you look over the next six months, ultimately the incentives are” there to keep “the euro zone all together. We’re possibly at an inflection point.”
Posted by J.M. Hamilton Blog at
5/30/2012 6:30 PM
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Mr. Romney still faces a dual challenge of overcoming tepid favorability ratings and persuading voters why they should support him and not simply vote against Mr. Obama.
Posted by J.M. Hamilton Blog at
5/30/2012 5:30 PM
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Even human rights groups are not demanding intervention.
Posted by J.M. Hamilton Blog at
5/30/2012 5:00 PM
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Over the weekend, the conservative columnist George F. Will caustically questioned whether Mr. Trump could widen Mr. Romney’s support.
Posted by J.M. Hamilton Blog at
5/30/2012 4:00 PM
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That may be an awkward meeting after Trump embarrassed Romney by saying that Obama was not born in the United States, a claim Romney does not agree with.
Posted by J.M. Hamilton Blog at
5/30/2012 5:45 AM
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So will the Chamber of Commerce, which sponsors more political advertising than any other group, follow the clear language of the court order and begin revealing the names of its donors? Of course not.
Posted by J.M. Hamilton Blog at
5/29/2012 11:30 AM
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If the U.S. doesn’t modernize its governing institutions, the nation will stagnate. The ghost of Hamilton will be displeased.
Posted by J.M. Hamilton Blog at
5/29/2012 8:30 AM
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The leveraged-loan market is used by companies with high-yield or noninvestment-grade credit ratings, making it particularly sensitive to Europe's debt crisis, now in its third year.
Posted by J.M. Hamilton Blog at
5/29/2012 7:30 AM
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Stocks were down broadly in Spain.
Posted by J.M. Hamilton Blog at
5/29/2012 7:00 AM
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From there, the president flew to California, the cash cow for Democrats.
Posted by J.M. Hamilton Blog at
5/29/2012 5:00 AM
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To Germans and quite a few others, though, euro bonds would be a lot like co-signing a loan for a deadbeat brother-in-law.
Posted by J.M. Hamilton Blog at
5/29/2012 12:00 AM
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White Horse
Posted by J.M. Hamilton Blog at
5/28/2012 8:29 PM
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Blair said today his relationship with Murdoch is very different than when he was in office and said the ties at the time were a “working relationship,” rather than cozy.
Posted by J.M. Hamilton Blog at
5/28/2012 1:00 PM
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Six media executives wound up in the top 15 of the Associated Press’s list of highest-paid executives released last week; not a single banker joined them.
Posted by J.M. Hamilton Blog at
5/28/2012 12:30 PM
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The richer opportunity comes from California, where Proposition 8, banning gay marriage, has already been overturned by a three-judge panel of the United States Court of Appeals for the Ninth Circuit.
Posted by J.M. Hamilton Blog at
5/28/2012 12:00 PM
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Four years after the 2008 collapse, the finance industry has regained its dominant position in American politics.
Posted by J.M. Hamilton Blog at
5/28/2012 7:00 AM
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There is no solution without sacrifices, no new Europe without new rules, no growth without the right structures.
Posted by J.M. Hamilton Blog at
5/27/2012 1:00 PM
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President George W. Bush’s administration specifically targeted workers in raids that traumatized communities and companies.
Posted by J.M. Hamilton Blog at
5/27/2012 11:29 AM
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As much as any Republican administration, Mr. Obama’s has focused narrowly on the costs of a rule compared to its benefits, and has for political reasons rejected rules opposed by business.
Posted by J.M. Hamilton Blog at
5/27/2012 10:30 AM
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“Thank goodness it was just prostitutes. They could have been spies planting equipment. They could have blackmailed or drugged agents. This is Colombia, for heaven’s sake.”
Posted by J.M. Hamilton Blog at
5/27/2012 8:30 AM
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The British clearly had nothing but contempt for American sovereignty.
Posted by J.M. Hamilton Blog at
5/27/2012 7:00 AM
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“It is a shock,” said Ahmed Kabany, 38, an engineer, after the voting. “I don’t want either one, so I am not going to vote.”
Posted by J.M. Hamilton Blog at
5/26/2012 11:59 PM
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“A united Europe is in Germany’s interest,” Monti said. “We’ll have euro bonds if the euro area, and therefore Germany, will want them.”
Posted by J.M. Hamilton Blog at
5/26/2012 8:30 PM
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An early glimpse of his views on Mr. Obama can be found in a June 2010 graduation speech he gave at Bellevue University in Nebraska
Posted by J.M. Hamilton Blog at
5/26/2012 7:00 PM
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As mortgage rates have hit one record low after another, millions of homeowners have been forced to watch, longingly, from the sidelines.
Posted by J.M. Hamilton Blog at
5/26/2012 6:00 PM
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"Sgt. Q is hit."
Posted by J.M. Hamilton Blog at
5/26/2012 2:30 PM
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“It’s a North Carolina that exists but that I don’t recognize. There are two North Carolinas: the progressive cities and college towns, and places where there are no openly gay people.”
Posted by J.M. Hamilton Blog at
5/26/2012 2:00 PM
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In many cases, he said, they are “simply opening whatever new accounts overseas and in other currencies that are easiest to have,” whether in Luxembourg, Canada or Norway.
Posted by J.M. Hamilton Blog at
5/26/2012 10:00 AM
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“Governor Romney is the nominee. He’s been directing his comments to, and about, the president for a year. The debate has been joined.”
Posted by J.M. Hamilton Blog at
5/25/2012 8:00 PM
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Euro Breakup Chances Risen to 35%, Garner Says --- Bloomberg
Posted by J.M. Hamilton Blog at
5/25/2012 7:30 PM
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But he appears to have almost no chance of winning the state now. This is not to say that he will also lose the presidency, only that the historical odds are against him.
Posted by J.M. Hamilton Blog at
5/25/2012 7:00 PM
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Although the Romney campaign plans to argue that Mr. Romney created jobs during his time at Bain, the proposition is a tricky one; the driving force of private equity is to create profits for investors
Posted by J.M. Hamilton Blog at
5/25/2012 5:00 PM
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Describing Bo's downfall as a serious but isolated case of wrongdoing, Hu urged officials at the meeting to end ideological rifts and rumors ignited by the scandal, the sources added.
Posted by J.M. Hamilton Blog at
5/25/2012 3:15 PM
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They blew it, again. With Greece in meltdown, raising fears of cascading bank insolvencies and deepening recession, Europe’s leaders failed again this week to agree on the ambitious initiatives needed to quell the crisis.
Posted by J.M. Hamilton Blog at
5/25/2012 3:00 PM
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On Thursday, Mr. Michel described the reference to illegality as “a very bad joke that shouldn’t have been made” and said it was “just an expression of surprise.”
Posted by J.M. Hamilton Blog at
5/25/2012 1:00 PM
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Really, Nancy?? Seriously???
Posted by J.M. Hamilton Blog at
5/25/2012 12:15 PM
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A SURE SIGN YOU'VE LOST THE DEBATE: The emotional ad hominem attack!
Posted by J.M. Hamilton Blog at
5/25/2012 11:30 AM
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It just means that support for gay marriage and robust heterosexual marriages are likely to coexist in the same geographic spaces.
Posted by J.M. Hamilton Blog at
5/25/2012 10:30 AM
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One proposal would require the board to prepare a detailed report on the firm’s lobbying efforts and how much it spends on them.
Posted by J.M. Hamilton Blog at
5/25/2012 10:00 AM
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JPMorgan is reluctant to provide the nitty-gritty details of the broken hedge because it fears other market players will bet against the trade if they know its characteristics, making the bank’s losses even bigger.
Posted by J.M. Hamilton Blog at
5/25/2012 9:30 AM
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Think about where we are right now, in the fifth year of a slump brought on by irresponsible bankers.
Posted by J.M. Hamilton Blog at
5/25/2012 8:15 AM
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There is an undeniable perception problem.
Posted by J.M. Hamilton Blog at
5/25/2012 8:00 AM
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“A united Europe is in Germany’s interest,” Monti said. “We’ll have euro bonds if the euro area, and therefore Germany, will want them.”
Posted by J.M. Hamilton Blog at
5/25/2012 6:00 AM
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A Greek opinion poll showed the Syriza party, which is opposed to implementing Greece’s international financial rescue, building on its lead in voter support ahead of elections to be held June 17.
Posted by J.M. Hamilton Blog at
5/25/2012 4:59 AM
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“It’s about distrust,” Mr. Fiani said. “This is another stock market rigging.”
Posted by J.M. Hamilton Blog at
5/24/2012 8:00 PM
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In fact, Mr. Obama has crossed teachers’ unions, notably in 2010 when he praised a mass firing of teachers in Rhode Island in a showdown over an administration policy to radically overhaul failing high-poverty schools.
Posted by J.M. Hamilton Blog at
5/24/2012 6:00 PM
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Yet the photo is tangible evidence of what polls also show: Mr. Obama remains a potent symbol for blacks, with a deep reservoir of support.
Posted by J.M. Hamilton Blog at
5/24/2012 5:00 PM
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Karl Rove
Posted by J.M. Hamilton Blog at
5/24/2012 4:30 PM
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The poll, conducted by Suffolk University/7 News in Boston, showed the contest nearly even between Ms. Warren and Senator Scott P. Brown
Posted by J.M. Hamilton Blog at
5/24/2012 4:00 PM
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Many economists say the oligarchs are a big part of Greece’s economic problem, because they have capitalized on the insular, quasi-monopolistic approach to business
Posted by J.M. Hamilton Blog at
5/24/2012 11:00 AM
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“I feel like it is a dream coming true, and I hope that it lasts.”
Posted by J.M. Hamilton Blog at
5/24/2012 9:00 AM
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Signs of weakness in euro-zone business activity added to a poor reading on German business sentiment.
Posted by J.M. Hamilton Blog at
5/24/2012 8:35 AM
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When people are asked to identify themselves by political ideology, Americans may appear to be center-right, but independents look more like Democrats than Republicans on moral issues.
Posted by J.M. Hamilton Blog at
5/24/2012 7:36 AM
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Now Dr. Spitzer, who just turned 80, has acknowledged that his survey was deeply flawed.
Posted by J.M. Hamilton Blog at
5/24/2012 6:15 AM
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“Karl Rove’s fear-and-smear-style Republicans are going to wake up at the end of the year and realize we are now in control of the Republican Party,” said Preston Bates
Posted by J.M. Hamilton Blog at
5/23/2012 8:00 PM
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The Chamber is planning to invest heavily in Senate races it considers critical, including in Massachusetts, Nevada, Nebraska, Montana, Florida, Missouri and North Dakota.
Posted by J.M. Hamilton Blog at
5/23/2012 7:30 PM
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“Bernanke took it upon himself to do more to help the economy along.”
Posted by J.M. Hamilton Blog at
5/23/2012 5:30 PM
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Aside from shipbuilding, most of Greece’s industrial base has eroded in the 30 years since the government nationalized large areas of industry.
Posted by J.M. Hamilton Blog at
5/23/2012 5:00 PM
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Bono for Pope???
Posted by J.M. Hamilton Blog at
5/23/2012 4:30 PM
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Mr. Obama champions government as a linchpin of future economic growth and the average American’s protector from the excesses and failures of the free market.
Posted by J.M. Hamilton Blog at
5/23/2012 4:00 PM
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“They hold Germans responsible for all their misery,” said the 62-year-old from near Stuttgart. “You want to go on holiday to have a comfortable break, not to be lynched.”
Posted by J.M. Hamilton Blog at
5/23/2012 3:30 PM
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“Senator Hatch rode a wave of discontent with the establishment people — people who had been there years and years and were part of the system, and then after 36 years he has become the system,” said Mr. Liljenquist
Posted by J.M. Hamilton Blog at
5/23/2012 3:00 PM
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Steven Rattner: "Adding jobs was never Mitt Romney’s private sector agenda, and it’s appropriate to question his ability to do so."
Posted by J.M. Hamilton Blog at
5/23/2012 2:00 PM
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Under the forfait, expenditure is calculated at not less than five times the annual rental value of the individual’s home in Switzerland.
Posted by J.M. Hamilton Blog at
5/23/2012 1:30 PM
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If Bain is fair game, is there something about the Obama ad that is out of bounds? The ad received a "mostly true" rating from PolitiFact
Posted by J.M. Hamilton Blog at
5/23/2012 12:15 PM
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The Gingrich Group bankruptcy proceedings spotlight the remarkable reversal of fortune of the half-dozen organizations associated with Gingrich.
Posted by J.M. Hamilton Blog at
5/23/2012 12:00 PM
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The president tops the presumptive GOP presidential nominee, 47% to 43%, when Americans are asked their choice today for president
Posted by J.M. Hamilton Blog at
5/23/2012 11:29 AM
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JPMorgan’s whale is proving big enough to change the tide of regulatory reform in Washington.
Posted by J.M. Hamilton Blog at
5/23/2012 10:00 AM
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After their first three kids, they sagely decided family planning was not soul-staining.
Posted by J.M. Hamilton Blog at
5/23/2012 8:31 AM
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Religious freedom is subject to necessary limitations in the interests of public health and safety.
Posted by J.M. Hamilton Blog at
5/23/2012 8:00 AM
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The Group of Eight issued a tepid non-statement over the weekend and no new news on the European debt crisis was comparatively good news.
Posted by J.M. Hamilton Blog at
5/23/2012 7:30 AM
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“It’s inciting class warfare,” said Carolyn Lenert, head of the North San Rafael Coalition of Residents.
Posted by J.M. Hamilton Blog at
5/22/2012 11:59 PM
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Mr. Tsipras, 37, vaulted to prominence in the voting two weeks ago with the surprising popularity of his minor left-wing party, as many voters embraced his message that Greece’s debt deal with foreign creditors is a disaster.
Posted by J.M. Hamilton Blog at
5/22/2012 9:00 PM
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"So they won't let us go bankrupt, no way. These are just threats. I'm going to vote anti-bailout."
Posted by J.M. Hamilton Blog at
5/22/2012 5:30 PM
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Long before the Republican primary battle drew to a close last month, Republican-aligned groups were spending heavily on advertisements to soften Mr. Obama up.
Posted by J.M. Hamilton Blog at
5/22/2012 5:00 PM
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Japan’s sovereign-credit rating was lowered by Fitch Ratings
Posted by J.M. Hamilton Blog at
5/22/2012 4:30 PM
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“None of what happened in Marion in the 1990s would be very interesting,” Johnson notes, “if Mitt Romney had not built his entire political career on the claim that he’s a job creator.”
Posted by J.M. Hamilton Blog at
5/22/2012 2:30 PM
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The Dodd-Frank law was supposed to bring much-needed oversight to the multitrillion-dollar market for derivatives, including transparent trading, mandatory reporting and higher capital and collateral requirements.
Posted by J.M. Hamilton Blog at
5/22/2012 9:00 AM
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“My view of private equity is that it is set up to maximize profits and that’s a healthy part of the free market,” Obama said. “That’s not always going to be good for communities or businesses or workers.”
Posted by J.M. Hamilton Blog at
5/22/2012 7:30 AM
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Obama delivered a rip-roaring address at the University of North Carolina, in which he mocked the Republicans for wanting to make hardworking, non-affluent students victims of their budget-cutting impulses.
Posted by J.M. Hamilton Blog at
5/22/2012 12:00 AM
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Bain also helped businesses grow, so “these things had redeeming social value, in addition to making Mitt and his investors a lot of money.”
Posted by J.M. Hamilton Blog at
5/21/2012 8:30 PM
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Both men favor a more balanced economic approach that includes measures to foster growth as well as cuts in national budgets.
Posted by J.M. Hamilton Blog at
5/21/2012 7:00 PM
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Is the Democratic party the tribune of the underdog or the slave of special interests?
Posted by J.M. Hamilton Blog at
5/21/2012 6:00 PM
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Unlike political parties and candidates, super PACs and other outside groups can accept unlimited contributions, thanks in part to the Supreme Court’s 2010 Citizens United ruling.
Posted by J.M. Hamilton Blog at
5/21/2012 2:00 PM
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Millions of dollars in outside money began pouring into Congressional contests around the country in April
Posted by J.M. Hamilton Blog at
5/21/2012 1:00 PM
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G-8 leaders on May 19 urged Greece to stay within the euro area as polls in the country showed a close race between parties supporting and opposing the EU’s bailout deal.
Posted by J.M. Hamilton Blog at
5/21/2012 12:15 PM
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About 45 protesters were arrested on Sunday, and at least four officers were injured, according to the Chicago Police superintendent
Posted by J.M. Hamilton Blog at
5/21/2012 10:00 AM
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Restore Our Future, an outside "Super PAC" backing Republican presidential hopeful Mitt Romney, raised $3.9 million in April, less than half of its haul in March
Posted by J.M. Hamilton Blog at
5/21/2012 9:15 AM
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Will we get that kind of regulation? Not if Mr. Romney wins, obviously; he wants to repeal Dodd-Frank, and in general has made it clear that he would do everything in his power to set us up for another financial crisis.
Posted by J.M. Hamilton Blog at
5/21/2012 8:00 AM
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London relies heavily on international finance and banking instability would strike a fresh blow to an economy already in recession.
Posted by J.M. Hamilton Blog at
5/21/2012 6:30 AM
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Bloomberg Surveillance: With Ken Prewitt and Tom Keene
Posted by J.M. Hamilton Blog at
5/21/2012 6:00 AM
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On Capitol Hill and in state legislatures, Republicans are attacking women’s rights in four broad areas.
Posted by J.M. Hamilton Blog at
5/20/2012 7:00 PM
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In any case he went rogue, like a missile or a Palin, and in doing so illustrated two disturbing, corrosive dynamics in our political culture right now.
Posted by J.M. Hamilton Blog at
5/20/2012 6:00 PM
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He is now chief of tank assembly. Mr. Kholmanskikh’s political experience dates back several months to late last year, when he organized a committee to support Mr. Putin.
Posted by J.M. Hamilton Blog at
5/20/2012 2:00 PM
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In keeping with tradition, the decree was formally posted at the entrance of the Greek parliament.
Posted by J.M. Hamilton Blog at
5/20/2012 1:29 PM
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Mr. Tsipras said: “The healthy businesses here have nothing to fear from a government that’s going to try to stop this poison. Healthy businesses understand that austerity curbs consumption.”
Posted by J.M. Hamilton Blog at
5/20/2012 1:00 PM
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“I’m not familiar, precisely, with exactly what I said, but I stand by what I said, whatever it was,” Mr. Romney said.
Posted by J.M. Hamilton Blog at
5/20/2012 12:00 PM
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Boehner admitted that "allowing America to default would be irresponsible."
Posted by J.M. Hamilton Blog at
5/20/2012 10:30 AM
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“If anything, having an understanding of it, I have a keen awareness of the issues, I have a keen awareness of my own privacy,” she said, adding that she planned to watch whether Facebook’s approach to privacy would change as it faced extra pressures to m
Posted by J.M. Hamilton Blog at
5/20/2012 9:00 AM
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Tag Cloud
Afghanistan Tomb of Empires
because they would have had to recognize losses...
Bretton Woods
Nixon Wage and Price Controls!
Thank you Messrs. Paulson and Geithner!
The banks didn't want restructuring
The Dichotomy is established Mr. Geithner Still Doesn't Get It...
Recent Posts
Mitt Romney, the Republican challenger, criticized Mr. Obama’s leadership on Syria and supports arming the rebels.
Thursday, May 31, 2012
The election could mark a pivot point for organized labor.
Thursday, May 31, 2012
Now if Mr. Bloomberg could ban another killer in NYC, Hybrid Derivatives Contracts! --- J.M.H.
Thursday, May 31, 2012
Bain is seeking roughly $6 billion for the fund itself, with an additional $2 billion earmarked for a “side car” that will allow for co-investments on big deals, this person said.
Thursday, May 31, 2012
Even the middle class is at a disadvantage to the rich, says Pissarides, who is a professor at the London School of Economics.
Thursday, May 31, 2012
He also said the country's banking crisis does not begin and end with Bankia.
Wednesday, May 30, 2012
Rockefeller and Rothschild: Love and Money
Wednesday, May 30, 2012
If Morgan Stanley is barred from moving its derivatives portfolio it will raise questions about why rivals such as Goldman Sachs have been allowed to do so in the past.
Wednesday, May 30, 2012
According to Preqin, private equity firms had at the end of last year about $900 billion worth of “dry powder,” or money that they raised mostly before the financial crisis and still needed to invest.
Wednesday, May 30, 2012
American agents all seem to have a story about suspicious Mexican Army activity.
Wednesday, May 30, 2012
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