The Hearing: July 5, 2009 - July 11, 2009
In Defense of the Fed's Independence
This guest post was filed by David Zaring, University of Pennsylvania professor and a blogger at The Conglomerate. Yesterday, Federal Reserve Vice Chairman Donald L. Kohn testified before Congress on the independence of the Fed, heretofore the most independent of...
By
Tim Lawson
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July 10, 2009; 6:05 AM ET |
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Banking
,
Regulation
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Next Shock Coming: Commercial Real Estate
The Joint Economic Committee holds a hearing this morning on worsening conditions in commercial real estate – falling rents, fewer tenants, and defaults on debt down the road. This seems to be the first hearing on Capitol Hill to focus...
By
Terri Rupar
|
July 9, 2009; 10:00 AM ET |
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The Taboo Against Government Intervention
Following in Chrysler's wake, GM seems to be on the fast track toward a successful bankruptcy exit -- "successful," that is, in the sense that GM and the Treasury Department get what they wanted, and the company does not melt...
By
James Kwak
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July 7, 2009; 11:11 AM ET |
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