Albert Einstein once said that the definition of insanity was doing the same thing over and over again and expecting different results. Through that lens, the current course of fiscal and monetary po

Home sales fell last month, and so be it. Every home that doesn’t get sold is another bailout I don’t have to finance.Congress included an $8,000 tax credit for first-time home buyers as

Friedrich A. Hayek (1899-1992), Austrian economist, author and 1974 Nobel Prize-winner for Economics wrote: “With the exception only of the period of the gold standard, practically all governme

Editor's Note: This article was written by James Quinn, a senior director of strategic planning for a major university. James has held high level financial positions with a retailer, homebuilde

Sunwest Bank, a community bank in Orange County, California, looked very much like an outlier from 2005 to 2007. Orange County was the epicenter of subprime mortgage lending -- half of the bigge

A couple of years ago, a study called "Where are the Shareholders’ Estates?," by Arizona State University professor Crocker Liu and New York University professor David Yermack, assert

Editor's Note: This is the second in a series of articles. Part 1 is here.Tom Lauricella, writing in the Wall Street Journal, caught my attention with 2 recent articles. The first discussed whether a

"I'm pleased and happy to repeat the news that we have, in fact, caught and killed a large predator that supposedly injured some bathers. But, as you see, it's a beautiful day, the bea

Editor's Note: James Quinn is a senior director of strategic planning for a major university. James has held high-level financial positions with a retailer, homebuilder and a university in his 22-yea

Editor's Note: Minyan Ernst is a Dutch business analyst currently assigned to a global bank with its base in the Netherlands. The party’s overIt’s time to call it a day. They’ve bur