Monthly Archives: March 2013
While other issues such as “Parent Trigger,” various abortion bills and of course Medicaid reform are garnering all the headlines the most dangerous legislation of the 2013 session may in fact be unrelated to any of those issues. Rep. Metz’s (R-Yalaha) HB 1279 & Senator Stargell’s (R-Lakeland) SB 1164 would substantially change the way the […]
Somewhere Nick Leeson is having a good laugh. In 1995, Leeson destroyed Barings Bank by exceeding the firm’s trading limits and hiding his losses. Leeson’s trades cost the firm $1.4 billion and forced the 232 year old Barings into bankruptcy. JPMorgan apparently employed the same dark arts in the losing trades of London Whale, Bruno […]
From the Tampa Bay Times.
Someone bearing a striking resemblance to Ben Bernanke recently stated that “too big to fail” (TBTF) banks were a cause of the Great Recession and needed to be fixed. He remarked, “I agree with Elizabeth Warren 100 percent that it’s a real problem. ‘Too big to fail’ is not solved and gone.” Could this have […]
I try and read Bloomberg Businessweek on time each week, but I have fallen behind recently. I get the magazine delivered to my Kindle in a timely fashion but am often weeks behind in actually reading the magazine. This morning while kindling (as my office mates call it when I whip out my Kindle and […]
Very worrying and sad news from the Sun Sentinel. The Legislature and local governments need to take this issue more seriously.
Rick Scott made an issue Thursday on Port funding asking the Federal Government to reimburse Florida taxpayers $75 million for the Port of Miami dredging project. Governor Scott is correct on this issue as he was regarding his January request for upwards of $36 million in state funding for Jacksonville port improvements. Building Florida’s port […]