Calling out the Federal Reserve’s political leanings
Plus: The SEC's Leon Cooperman file, clawing back Wells Fargo cash, and saving money is hard for everyone
- Has the Federal Reserve become a political arm of the executive branch of government? The new normal of monetary policy. The stock market has become an “Obama paper bull.”
- The SEC’s case against Leon Cooperman, alleging insider trading, centers on a board seat at Atlas Pipeline Partners. There were attempts to cover his tracks.
- She puts on a nice show for the cameras, but Elizabeth Warren might need to bone up on her ‘clawback assets’ law. You won’t get any money from Wells Fargo by just screaming at the CEO. Next up, lengthy and expensive litigation.
- Even people with hefty incomes have a hard time saving money, so you’re not alone. Americans are some of the worst savers in the developed world.
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