In what should be no surprise, banks are cutting back on small business loans. Please consider CNN Money's Small business loans: $10 billion evaporates.  Eight months after President Obama bega

Today, with Halloween behind us, I imagine that over-sugared families across America are putting away their costumes and decorations and are now looking ahead to Thanksgiving.It seems an appropriate

Peggy Noonan, maybe the most gifted essayist of our time, wrote a few weeks ago about the vague concern that many of us have that the looming monster has the potential (my interpretation) not only to

The financial crisis that began in August 2007 had relatively little to do with traditional bank lending…Its prime cause was the rise and fall of "securitized lending," which allow

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

Yesterday, Federal Reserve Governor Elizabeth Duke gave a speech at the AICPA on banks. She started with the standard reflection of what’s happened, but the crux of her speech was focused on ba

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

Editor's Note: This is part 2 in a multi-part series. See Part 1 here.This week we further explore why this recovery will be a statistical recovery, or one that only a statistician could love. We loo

Last week, caution crept back into investors’ vocabularies for the first time in more than 3 months as they faced up to President Barack Obama’s plan to reform the US financial marke

Yesterday, playing the role of Martin Luther, Messers Tim Geithner and Larry Summers nailed their “95 Theses” (okay, 90 fewer than that) to the op-ed page of the Washington Post, publicly