dcthinker

B.S., Gettysburg College; M.Sc., London School of Economics; J.D., George Washington University.

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Bring Back the Uptick Rule
12/2/2008

For 70 years, the Uptick Rule protected the stock market from "bear raids." The rule was revoked in July 2007, likely contributing to the current crisis. The failure to reinstate the rule shows that SEC Chairman Cox is no longer fit to serve.
Saving General Motors Versus Repeating the Lehman Debacle
11/21/2008

Not rescuing General Motors could bring down the whole U.S. auto industry and eliminate hundreds of thousands or millions of jobs. Given that pessimists' predictions have proven accurate in the current crisis, a GM bankruptcy is not an option.