Morning Roundup: We Need You Now, Elizabeth Warren!

  • This whole foreclosure crisis really makes you think, “Why is there never a Consumer Financial Protection Bureau around when you need one?” [TheStreet.com]
  • The loss of value to bank companies like Wells Fargo, JPMorgan Chase, Citigroup and Bank of America totaled $49 billion over the past three days, because investors truly are concerned Read More

Two Fed Officials Endorse Easing

Presidents of two Federal Reserve banks — William Dudley of the New York Fed and Charles Evans of Chicago — today came out out in favor of additional monetary stimulus to the economy, suggesting that the scales may be tipping in favor of additional quantitative easing.

In a speech at the CUNY Journalism School Read More

The Kid Holds Onto the Picture

In the Melrose Avenue office of his production company, Acappella Pictures, Charles Evans Jr. was sorting through a box of oversized photos depicting major moments in Howard Hughes’ life.

There was a shot of Hughes in an aviator cap, stopping in Paris during his 1938 record-setting flight around the world-three days, 19 hours and 17 Read More