Word: dons
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Wall Street also seems unhappy about a fee for being big. Financial executives don't like the idea of having to pay a too-big-to-fail tax, but nonetheless I think they get it. Banks pay for deposit insurance - this just extends the idea to the rest of the...
Why not just break up the biggest firms? I'm a Republican and a former Wall Streeter and don't favor government intervention in markets. But I can see where breaking up the banks would be a positive for the free markets. We want a system where firms are able...
But don't look for big gains for Ford, much less General Motors or Chrysler, despite their attempts to woo buyers with special incentive programs. This has all the makings of an Asian-only battle, and Toyota can only stand by and watch as its buyers defect to its Japanese...
While climate legislation isn't dead by any means - it still has powerful supporters on Capitol Hill, including Republican Senator Lindsey Graham - it faces an uphill battle in an election year. As a defense of last resort, the Environmental Protection Agency has the authority to regulate carbon emissions directly, but...
What U.S. officials don't like to acknowledge is that the Pentagon is hard at work developing an offensive cyber capability of its own. In fact, it has even begun using that capability to wage war. Beyond merely shutting down enemy systems, the U.S. military is crafting a witch's...