When I saw the cameras broadcasting the 60-second long excitement of the Opening Bell festivities, I was suddenly inspired to send a friendly "howzit" via a spontaneous "shaka" from the New York Stock Exchange -- the financial epicenter of the world.
Muriel "Mickey" Siebert, who passed away on Saturday, Aug. 24, 2013, in Manhattan, is a legend on Wall Street. Needless to say, Siebert knew a thing or two about Wall Street, about bonds and about regulatory oversight (or lack thereof).
Through 2012, the unemployment rate for former service members who are veterans of the Iraq and Afghanistan wars -- about 2.6 million men and women -- was 9.9 percent. i=It means a great deal to help those who have served our country with a smooth transition back into civilian life.
These imperatives do not appear to be materializing as a result of aggressive monetary policy. Even so, Bernanke & Co. charge relentlessly ahead on their chosen course. We can only hope they know what they are doing.