[Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Protecting Taxpayers From Bank Robbers Wall Street “The best way to rob a bank is to own it.” –book title; William K. Black “The biggest bank there is . ....Read More
“Sunlight is the best disinfectant.” –Supreme Court Justice Louis D. Brandeis With the Supreme Court’s holding in McCutcheon v. Federal Election Commission, No. 12-536 this week, apparently we are well on the way towards no limits on campaign contributions, by any entities, for any office. Yippee! As deplorable as that development is, it’s aggravated by ever-murkier disclosure...Read More
2012 Presidential Campaign “President Obama’s campaign has $88 million in the bank. Mitt Romney’s campaign has $30 million in the bank. The Obama campaign plus the Democratic National Committee has $123.7 million in the bank. The Romney campaign plus the Republican National Committee has $185.9 million in the bank. And that advantage is increasing month...Read More
Wall Street Journal: ‘Blame the Regulators’ Chutz-pah′: killing your parents, then throwing yourself on the mercy of the court because you’re an orphan. So, according to The Wall Street Journal, who’s to blame for the still-missing $1 billion of client funds at now-bankrupt MF Global? Not the company’s senior management, led by CEO Jon Corzine,...Read More
