In memoriam: Virginia Leary, stalwart supporter of international labor rights

Intlawgrrls has posted a much deserved tribute to my friend and colleague, Virginia Leary, who died this week in Geneva,…

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Signs of trouble for TARP 2

April 2 – Dow Jones: “Bridgewater Associates has decided against participating in the Treasury’s plan to get private investors to…

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Fictitious capital and mark to market accounting

FASB, the accounting entity responsible for setting basic rules of the road for financial statements, bowed to political pressure today…

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Geithner plan is a wasteful delaying action – nationalization inevitable

I made an attempt to explain to my international finance students today why the Geithner plan won’t work, relying heavily…

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