The Babyface Factor

Mary Snieckus, a colleague in Washington, just told me of this Washington Post perspective on the IndyMac Bank failure:
Many analysts have studied IndyMac’s demise, and the Cassandra-ish role played by Senator Charles E. Schumer (D-NY), who publicly voiced concerns about the company’s viability, triggering a run on the bank. IndyMac’s failure also comes in the [...]

New Study on the Value of Coastal Wetlands

From a recent Greenwire Press Release:

U.S. coastal wetlands provide more than $23 billion in annual storm protection services to cities and regions most vulnerable to hurricane and tropical storm surges, according to a study released today.The University of Vermont’s Gund Institute for Ecological Economics prepared the study, which finds that “coastal wetlands provide ‘horizontal levees’ [...]

Fannie Mae, Freddie Mac, Hank Paulson, Congress

I was watching a re-telecast of a Senate hearing last Tuesday on Secretary Paulson’s recommendations for Fannie Mae and Freddie Mac. It was an interesting exchange.
Last month I went to a House energy hearing…and noticed that, of the twelve Representatives on the committee, there were never more that three in the room during testimony. These poor folks were trying [...]