Stylized Facts

In this country, I believe regulation of large insurance companies operating over many states needs to be reviewed. We also face a large challenge in rebuilding an efficient, competitive private mortgage market, an area in which commercial bank participation is needed. Those are matters for another day.

-- Paul Volcker, a former chairman of the Federal Reserve, chairman of the president's Economic Recovery Advisory Board.

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Very nice photos. But, I'm wondering: is it morally right to make ugly buildings look beautiful ?

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If Only We Could Just Get Back To Work

"Jobless claims were actually even better than some down here [on Wall Street] thought," cashin said. But he cautioned that political conflict such as the ongoing health-care debate is constituting a form of class warfare -- which could hinder America's return to economic health.

"It's bubbling up again, all this 'Wall Street versis Main Street' stuff...If we could get back to work again instead of pointing fingers, things in this country would go a lot better."

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