In a crisis, how do we keep individuals from publicly sharing sensitive information which can endanger lives within minutes? Verification of facts is of utmost importance, but is it immediately possible given the scope and instantaneous nature of the internet?
It is a grotesque symbol of how the Wall Street banks control our government. Mr. Dimon, sir, out of respect to our waning confidence in government institutions, your resignation from the Fed Board is well past due.
This surprising aside while sermonizing us with the usual exculpatory rhetoric emanating from the White House that "...what I've said about gas prices is that there is no silver bullet ..." to high, ever higher gasoline prices.
We can't know for sure what's behind these oil prices. But what we can know is that we don't know -- and that our government should have the resources to track these markets and intervene when they're being misused.
About 150,000 customer accounts were frozen by the trustee in charge of liquidating MF Global. These customers face long delays in resolving this mess. You can learn some valuable lessons from this debacle.
When Bernie Sanders leaked confidential data last month that dramatically illustrated how speculators were dominating the oil futures market during the 2008 spike in oil prices, many news outlets jumped on the story in the worst possible way.
We can expect that policymakers will continue to have to periodically step back into the property market with successively tighter administrative controls, continuing to play Whack-a-Mole with China's burgeoning property bubble.
Yesterday, with absolutely nothing going on from a supply or demand standpoint, with most hedge fund managers at the beach during this short week, Brent crude oil rallied more then FOUR dollars. HUH? What the heck was that about?