I find myself disagreeing reluctantly with one of my favorite investors Michael Price in his assessment of breaking up the big banks.  While I don’t disagree that the value of the banks would increase over the short term, I do believe that increased size allows for certain efficiencies which would be compromised if they were...Read More

This article describes how many of the larger banks are curtailing lending and the regional banks are picking up the slack.  This is a direct result of the Dodd-Frank legislation which has had the effect of reducing lending as banks are forced to horde capital, and shut down formerly profitable business operations.  This is a...Read More

I’m glad to see that the Italian Prime Minister Mario Monti is ratcheting up pressure on the German’s to be more flexible in aiding peripheral Europe.  I really don’t think the Germans have any choice if there wish is to save the European Union.  With the current disruptions in Spain due to the restructuring of...Read More