Daily Archives: January 23, 2009

Merrill Lynch

It goes without saying that we should at minimum subtract $3-4 billion from anything that B of A will receive from TARP. A 1- or 3-year across-the-board cap on finance salaries wouldn’t be terrible, frankly, and even if it creates hardship for employees, it will be temporary. And it is reasonable. We can argue about […]

Brainpower, at your service

Just a Friday thought: I have a decent (sometimes very thorough, sometimes cursory, sometimes not at all) understanding of the financial world, both current crisis, its causes, and some of the technical stuff of contemporary money matters. If there is something that you want to know, and would like me to take a shot at […]