[Editor’s Note: This is the latest installment of a new series that will explore ways for investors to recover from the U.S. financial crisis.] By Mike Caggeso Associate Editor Money Morning If the global financial crisis has taught investors one thing, it’s that now is not the time to gamble with your money or your [...]
Great Britain – The "Rust Belt" of Global Finance
By Martin HutchinsonContributing EditorMoney Morning/The Money Map Report Think about Michigan or about Ohio’s Mahoning Valley in the 1980s. Both were famous for industries that were world leaders in their time. Yet, once those industries decayed, large parts of both areas became wastelands of home foreclosures, crime and alcoholism. The decline of the global financial [...]
An Open Letter to President-Elect Barack Obama: How a Regulatory Makeover Can Fix the Financial Crisis
[Editor’s Note: This is the third installment of a three-part examination of deregulation, and how it helped spawn the U.S. credit crisis. In this capstone installment, Gilani outlines a plan for rebuilding the nation’s regulatory safety net.]
Dear Mr. President-Elect:
The people of the United States have spoken. Their collective voice resonates loudly and overwhelmingly in praise of your vision and promises for America the beautiful.
Over the many voices, the chorus of a common refrain resounds: There is nothing we as a people cannot do if inspired by confidence in our president, honest and transparent democratic government, and equal opportunity in pursuit of our happiness.
Only Tighter Regulation Will Stem this Crisis of Confidence
[Editor’s Note: This is the second installment of a three-part examination of deregulation, and how it helped spawn the U.S. credit crisis. In Monday’s capstone installment, Gilani will outline a plan for rebuilding the nation’s regulatory safety net.] By Shah GilaniContributing EditorMoney Morning/The Money Map Report “I have a funny feeling that we’re not in [...]