Make of it what you will, and with all due respect (and we’ll leave up to you just how much respect they are deserving at this point), in reading extensively about the Bear Stearns debacle and bailout over the past couple of weeks, one couldn’t help but notice that an abbreviation for Bear Stear... [More]

As noted earlier on these pages, the mortgage industry – having thrown prudent underwriting standards out the window over the past number of years, is (along with the investment banking industry), not solely, but greatly to blame for the current mortgage crises/fiasco, and, by extension, the extr... [More]

Couldn’t help but notice the irony last week, as the Casino bill was shot down on Beacon Hill during the same week when virtually everyone in the State (and the country, for that matter) was participating in one of, if not the largest ‘group’ betting activity of the year – the “March Madne... [More]

A couple of weeks ago, much of the media caused a stir (if not a scare) amongst prospective and current college students and their parents, reporting that the credit crunch had also infected the college lending industry, and that many families could face difficulty getting the loans they needed for ... [More]

Barney Frank was in town last week to talk about regulation. And, whatever else your opinion of his politics are, on this issue he’s right on the mark.In Wall Street, Gordon Geco said greed, is good. Well, from what we’ve seen in the economy over the past year, greed is decidedly not good. Gre... [More]