Archive for May 7th, 2010

Wall Street’s 1000-point air pocket produced widely divergent emotions: shock, confusion, anger, fright – and even humor. As investors, how should we react? »

Everyone hates the US Government’s two-option approach for dealing with supersized companies in trouble. Both choices (bailout and bankruptcy) have large, undesirable consequences, making for a dilemma. On Wednesday the US Senate approved a solution: A third option that allows conversion of one “too big” institution into many manageable companies. This is great news. »