Bank Holding Companies

Wall Street Profits On Pace For Record, Industry Recovering 'Faster Than Expected': NY State Comptroller

Posted 11.19.2009 | Business


It took Wall Street just one year to make its way back to record profits. According to a report released Tuesday by the comptroller of New York State...

Oil's Massive Price Distortion Militates the Reconvening of the 1970s Federal Oil Price Task Force

Raymond J. Learsy | Posted 11.08.2009 | Business


Raymond J. Learsy

It is long past time that our government take seriously and study intensely how oil prices are determined in a world of OPEC, speculation, timid oversight and failing transparency.

Chairman of Gazprom Predicts $100 Oil Because of Speculation. Speculation, Really?

Raymond J. Learsy | Posted 11.14.2009 | Business


Raymond J. Learsy

"Manipulation" is immeasurably more sinister than "Speculation." It bespeaks of controlling, orchestrating and maneuvering to falsify and rig.