By Patrick Clark 9/21/12 6:08am

Morning Read

Former Gov. Pawlenty Puts Snout in Wall Street Trough; Senate Holds HFT Hearings: Roundup

When former Minnesota governor Tim Pawlenty was campaigning to be the Republican presidential nominee, he told reporters that his “truth message to Wall Street is going to be, ‘Get your snout out of the trough.’” Which, maybe that’s still his truth message? But instead of delivering it as co-chairman of Mitt Romney’s campaign, Governor Pawlenty will be speaking it as head of the Financial Services Roundtable, a banking industry lobby.

Somewhere, an algorithm read the coverage of yesterday’s Senate Banking Committee hearing on high-frequency trading, and figured it will take years for the government to hammer out reforms to fix market structure issues. Read More

By Foster Kamer 8/08/11 2:32pm

THREE'S A TREND!

"L8R."

Bernanke Abandoned! Three’s a Trend After International Economic Adviser Sheets Ends 18-Year Run With Fed

Three hours before President Obama’s “eff an S & P” presser, a tidbit of news broke about a staffing change at the Federal Reserve: Nathan Sheets, the Fed’s chief international economic adviser—or: the director of the Division of International Finance—is getting out of dodge. Mr. Sheets, who started with the Federal Reserve Board in 1993 as an economist, had been there for 18 years. More importantly, he’s the third in a trend of (take a guess)… Read More