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- Dear Fed: What Do You Have to Hide?
- David Merkel submits: Bloomberg sues the Fed for refusing to disclose what sort of collateral they are lending against. I come at this from having worked in insurance for two decades. Insurers have to disclose every asset that they own in their Statutory filings. When I looked at a...
- External links 2008-11-08
- Defining a Depression
- David Merkel submits: Before I try to explain what a Depression is, let me explain what a bubble is. A bubble is a self-reinforcing boom in the price of an asset class, typically caused by cheap financing, with the term of liabilities usually shorter than the lifespan of the...
- External links 2008-11-12
- Why Feds Shouldn't Regulate Insurance, Nor Own Insurers
- David Merkel submits: Insurance is complex by nature. Anytime one brings in a third party to be a protector/guarantor against adverse events, it creates some weird dynamics. Now, a few of the states, including the best of them, New York, have been regulating insurance for a long time. But...
- External links 2008-11-13
Additional Resources
- GM board sends chief Opel negotiator back to Germany
- General Motors Co., prodded by its board, is exploring ways to break an impasse in the sale negotiations for its Adam Opel carmaker, including even keeping it. GM's management had been pushed by the German government to reluctantly accept a bid from Magna International Inc., but its board expressed reservations...
- News items 2009-08-25
- U.S. Government to Leave Opel Choice to GM
- By David Lawder and Christiaan Hetzner WASHINGTON/FRANKFURT (Reuters) - The Obama administration pledged on Monday to stay out of General Motors Co's choice of a buyer for its Opel unit in Europe as German union leaders put more pressure on the U.S. automaker to make a decision. Negotiations over Opel,...
- News items 2009-08-24
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