Information about finance, the economy and business. Entertaining and informative. Seeking Alpha Certified Mark Sunshine Chairman & CEO

Category Archive: McCain

  1. Regulatory Reform is Needed Now To Prevent The Next Bubble and Crisis

    Like a pet ger­bil run­ning end­lessly on a cir­cu­lar wheel, Gov­ern­ment lead­ers are putting all of us on the eco­nomic tread­mill of ser­ial fail­ure. Calls for an imme­di­ate inves­ti­ga­tion into what went wrong and why are going largely unheeded as gov­ern­ment lead­ers claim that a witch hunt is the last thing we need now. Well, I […] [read full story]

    Posted in: Bernanke, Bush Administration, Chris Cox, Credit Crisis, economy, FDR, Finance, Fiscal Policy, McCain, Obama, Paulson, SEC
  2. McCain: “Fire Cox”; Sunshine: “McCain’s wrong. Fire Cox and then exile him. His family can stay…they aren’t guilty.”

    Almost all paths of incom­pe­tence in the cur­rent cri­sis run through the office of the Chair­man of the SEC, Chris Cox. McCain’s solu­tion to fire Cox isn’t tough enough. Exile is bet­ter. For­tu­nately for Cox this isn’t the Stal­in­ist Soviet Union or his fate could be a lot worse. Cox’s fail­ures are too numer­ous to count. […] [read full story]

    Posted in: Accounting, Chris Cox, Disclosure, economy, FAS 157, FAS 159, FASB, McCain, SEC, Short Selling
  3. CRIMINAL LAW 101 – WHITE COLLAR CRIME AND THE CREDIT CRISIS" rel="bookmark">CRIMINAL LAW 101 – WHITE COLLAR CRIME AND THE CREDIT CRISIS

    In my first year of law school I learned why enforce­ment of crim­i­nal and civil law is essen­tial for the United State’s social and eco­nomic func­tion­ing. Appar­ently, the elite lawyers of the Bush Admin­is­tra­tion didn’t learn the same les­son since they have a non-existent enforce­ment pol­icy which has made the US finan­cial mar­kets a Petri […] [read full story]

    Posted in: BANKS, Bernanke, Brokerage, Bush Administration, Credit Crisis, Criminal Law, Federal Reserve, Finance, McCain, Obama, REGULATION, SEC