Bob McCarty Writes

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University Professors Weigh in on Financial Crisis

September 26th, 2008 · No Comments

Finance and law experts from the University of Dayton used a news release today to share several comments on the crisis affecting the economy, homeowners, taxpayers and even the education of tomorrow’s financial analysts.  Finding them to be worthwhile, I offer them for your review: 1. TAXPAYERS ARE NOT WELL REPRESENTED IN BAILOUT. “I oppose [...]

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Treasury Secretary Addresses Crisis in Markets

September 19th, 2008 · 4 Comments

Offering the basis for what might one day become a reality television show, Treasury Secretary Henry M. Paulson Jr. delivered “Extreme Makeover: Financial Markets Edition,” the name I apply to the statement he delivered in Washington, D.C., this morning: “Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy [...]

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CNBC’s Cramer Says Markets in Meltdown, ‘Armageddon’

August 6th, 2007 · 2 Comments

Wall Street has seen stock markets reach record highs in recent weeks and, conversely, experience 400-point drops (a.k.a., “corrections). So what does the future hold for American homeowners and stock market investors? According to Jim Cramer, host of Mad Money, Federal Reserve Chairman Ben Bernanke’s wrong moves have propelled some market sectors into economic “Armageddon”. [...]

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