Relief for Banks that Rarely Fail

Rule Relief for Banks at Low Risk explains FDIC Vice Chairman Thomas Hoenig's proposal  for regulatory relief from Dodd Frank for Banks with simple easy to understand operations. Its a terrific proposal from an Agency for which I have high regard.

Too Big to be of Interest to Investors

The Too Big To Fail syndrome culminated in the 2008 financial crisis.  Refocusing G.E. Reports Growth in Industrial Businesses notes that they expect their finance division to reduce to 10%  of overall profit generating operations.  This is a reduction from 42% in their finance department's hey day. Nobody put a gun to G.E.'s head and told them to come down from Too Big To Fail other than their own bean counters who determined it was a loser business and to get out.  Frankly, when finance gets too much over 10% of the country's economic activity its bad business.  As an investor I believe that the Too Big To Fail Banks are lousy investments.  Their lobby in Washington spends large sums fixing things so that they can practice foisting loser deals on completely suspecting customers who are running away from them as fast as they can.

Much Ado About Nothing

U.S. Primacy on Economics is Seen as Ebbing is a bunch of gibberish.  The U.S. economy is uniquely in the lead and our influence is ebbing?  Jonathan Weisman, what's your point?

Warren! I Smell a Rat

As a longtime follower of Warren Buffet and the Berkshire Hathaway Company I read his annual shareholders report.  He has waxed eloquent about 3G Capital of Brazil with whom he has invested in buying Heinz and now Kraft Foods.  Giant Food Companies Pay Later, Squeezing Their Suppliers headline in the business section of the New York Times puts in doubt the efficacy of Warren's investment with this crowd.  The failed investment in Tesco, the English supermarket chain, will look good in retrospect.