A closely watched case that regards corporate political spending is Citizens United v. FEC . The Supreme Court will hear re-argument on September 9th and it could change the landscape of political spending in America.
To read an article by The Hill, please click here:
A closely watched case that regards corporate political spending is Citizens United v. FEC . The Supreme Court will hear re-argument on September 9th and it could change the landscape of political spending in America.
To read an article by The Hill, please click here:
Former U.S. Senator John Sununu is expected to run for the Senate in 2010. The seat is being vacated by fellow Republican Judd Gregg who is retiring. Sununu is likely to have a primary free run at the seat and is expected to be the favorite.
To read an article by Congressional Quarterly, please click here:
The Financial Instruments Reporting and Convergence Alliance is a newly formed group that has a focus on domestic and international accounting rule changes. An immediate point of interest for the group is the off-balance sheet rule.
To read an article in The Hill, please click here:
Steve Forbes has written a new book which discusses the parallels between great leaders in ancient times and those of the modern era. The forward is by Rudy Guiliani and appears in a recent article on Forbes.com .
To read the forward by Rudy Guiliani, please click here:
The Obama plan would give the SEC the authority to set a fiduciary duty for brokers and dealers. This would be a move away from the current “suitability standard”. An increase in broker-dealer liability is almost a given and the industry is likely to weaken as a result.
To read a Bloomberg News article, please click here:
Forbes has an article covering a proposal by Paolo Scaroni on a creation of an international energy agency. Scaroni is the chief executive of an Italian oil company. His proposal suggests that the agency would control prices and provide price stability. The end result is more likely to be another ineffective bureaucracy.
To read the Forbes article, please click here:
The stock market slipped lower today after Standard & Poor’s downgraded 18 banks. Wells Fargo and KeyCorp were down the most in early trading.
To read a Bloomberg article, please click here:
John Tamny of Forbes writes that growth does not cause inflation. His argument is directed towards the Fed and the line of thinking that economic growth will always cause inflation.
To read the Tamny article, please click here:
The RNC is likely to change the Presidential primary schedule for 2012. This is hoped to avoid a national primary day similiar to Super Tuesday. A likely plan will include revolving windows for states to select their date. For example, a state that selects an early window in 2012 would be forced to accept a later window in 2016.
To read an article in The Hill, please click here:
Guy Kawasaki provides the entrepreneur’s 10 commandments at the Wharton Technology Conference. Forbes covered the event and have listed valuable advice in a recent article on their website. Guy Kawasaki is involved in VC community and is best know for his early work at Apple.
To read the Forbes article, please click here:
The Dow Jones Industrial Average rebounded from earlier losses suffered in ‘09. Jobless claims and retail sales were reported to be better than expected and that helped pushed the Dow into positive territory for the year.
To read a Bloomberg article, please click here:
Pete Peterson has released “The Education Of An American Dreamer”. The memoirs of a man who is known for many achievements in his life. One of which is being a co-founder of the Blackstone Group. This is certainly a book worth reading.
To read a Bloomberg article, please click here:
Treasuries started to fall as Russia announced that they may be selling Treasuries and buying IMF bonds. This move means a great deal more than simply moving money.
To read a recent Bloomberg article, please click here:
The New York State Senate seems to have flipped, if only temporarily, to Republicans after two Democrats decided to change. It is not clear if they intend on changing their party enrollment or if they can be persuaded to rejoin the Democrats. This coup comes at a time when budget talks are at a heated level. It will likely have an effect on the budget process and is one more monkey wrench tossed in the works. It has been reported that the announcement of the coup was made with claims that it was done with reform in mind. The Republicans had control of the Senate and still managed to raise taxes high enough to touch the sky. What new methods of reform will they employ today that they could not have done several years ago? Early celebrations may be premature because this flip in power is probably headed for the courts to decide and that may take some time. In addition, it has been suggested that the two Democrats who joined the Republicans may be persuaded back to the Dems with a different majority leader. The possibility that two Republicans may join the ranks of the Democrats also cannot be ruled out.
To read a recent article, please click here: