Op-Ed

Declawing the Tiger: A Spanking for Amy Chua

No sooner had the blood dried in that Tucson parking lot and the body of 9-year-old Christina Green been lowered into the ground than “a large slice of educated America,” as David Brooks put it with his usual flair for evocative language, immediately switched its attention to one of the great issues of our day: Read More

Wall Street

Morning Roundup: Larry Summers Hasn’t Quit Yet

  • National Economic Council head Larry Summers, whom we’d forgotten about since he announced in September he’d be leaving the White House, said getting along with China would be crucial to America’s economic recovery. [WSJ]
  • The Congressional Oversight Panel has an idea for what to do about the foreclosure crisis: Stress tests! [Read More

Wall Street

Morning Roundup: SEC Takes a Poke at Citi

  • The Securities and Exchange Commission has subpoenaed some former Citigroup brokers as part of an investigation into the mega-sized, bailed-out bank’s handling of leveraged debt funds concentrated in municipal bonds and mortgage debt. [WSJ]
  • You know what’s still a big problem? European sovereign debt. Ireland is looking precarious, but let’s not forget Read More

Morning Roundup: Not Sweating Over Bonuses

  • A new survey shows that even though the government is sticking its nose into Wall Streeters’ pay packages, bankers are not terribly concerned about the size of this years’ bonus checks. [WSJ]
  • Central bankers from the world’s economic powers got together Friday for a delicious dinner of beef tenderloin and seared scallops. Also Read More