ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax


I like that you remembered to not title this 'one-party state watch'.
(cue self-righteous comments noting that both parties suck, etc.)
When is securities fraud not securities fraud?
When the Fed and/or Treasury do it, apparently.
Maybe it should be viewed as compensation for destroying billions of dollars of stockholder value by forcing BoA to take on Merrill. The question should be whether the convoluted method of compensating BoA for purchasing Merrill was cheaper than directly covering Merrill's losses and permitting Merrill to survive or letting Merrill fail.