While most of these deals remain shrouded in secrecy, one of them, Anderson Mezzanine Funding 2007, Ltd. lays out its blueprint in sufficient detail so that we can pinpoint how and why this transaction's failure was assured.
Buying equities, bonds, CD's, and real estate should not begin until you are at least thirty years of age. Prior to that, every dollar you have should go into making you as productive and valuable as possible.
If a Wall Street bank begins to fail, threatening the safety of the financial system, it will be put to death. End of story. Republicans -- the ones who bailed out Wall Street -- just don't want to believe it.
The Wall Street reform effort enters a new phase on Thursday, as the conference committee between the House and Senate will meet to begin hashing out the differences between the House and Senate versions which have already passed.
It seems logical that the less a charity spends on administration, the more donation dollars reach people in need. In reality, however, the amount that a charity spends on administration is not an indicator of effectiveness.
The coming legislative debate will clearly divide people into "for" and "against" our massive global banks that have so manifestly gone bad. For the last time: Which side does the president really want to be on?