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Articles Written by: CARDINALPARK
It is rare that an executive painted as a scoundrel in the midst of a financial panic emerges from that scandal vindicated. It happens, but it is rare.
Let me posit that John Thain, the former CEO of Merrill Lynch was irresponsibly and idiotically ...
From CARDINALPARK,
TigerHawk,
1 Oct 2009
Longtime readers will know that I do not shy away form the notion of armed conflict to support and advance American interests, particularly when our moral and strategic interests are in harmony. I certainly was supportive of our last administration ...
From CARDINALPARK,
TigerHawk,
24 Sep 2009
I haven't had time or energy to post much, but I think the Democratic Party has created a record in the White House and in Congress that will be pretty powerful for Republican challengers to run against. Here's what's happened, in summary:
1) Taxes ...
From CARDINALPARK,
TigerHawk,
17 Sep 2009
Why does it seem that our government is intent upon destroying the most extraordinary system of healthcare development, innovation and delivery ever created?
Because we live in a world of limited resources, we have to allocate those resources ...
From CARDINALPARK,
TigerHawk,
23 Jul 2009
If Rip Van Worldaffairs had gone to sleep in 1940 and woke up today, imagine his surprise. He would identify a small plantation in Asia owned by a bunch of lunatics and populated by 20 million slaves. He would see that they had fired some missiles ...
From CARDINALPARK,
TigerHawk,
1 Jun 2009
Of course, there has been enormous and occasionally appropriate comment on Wall Street's high pay levels, considering the eventual disastrous results posted by most investment and commercial banks in 2008.
The primary problem with Wall Street ...
From CARDINALPARK,
TigerHawk,
22 May 2009
I am not a bankruptcy lawyer. However, my business does invest in the distressed debt of companies with a view, on occasion, to assuming control of those enterprises. As a consequence, I have had occasion to deal with Chapter 11 bankruptcies as an ...
From CARDINALPARK,
TigerHawk,
14 May 2009
North Korea's missile launch, and the US reaction to it, should remind us of the multi-polar world into which we are headed. The post WWII period - and the subsequent Cold War - was characterized by the leadership of 2 principal Superpowers. The ...
From CARDINALPARK,
TigerHawk,
6 Apr 2009
hasn't covered itself in glory in the last few weeks. But they could do an awful lot to make me feel better about them if they at least took advantage of current low rates for long term - rather than simply short term - financing and sold a ton of 3 ...
From CARDINALPARK,
TigerHawk,
9 Mar 2009
Wholesale money is too cheap right now, and its price needs to go up. What do I mean by this?
Most senior corporate credit is priced as a spread to a benchmark rate, typically LIBOR. That benchmark rate in turn represents the cost of interbank ...
From CARDINALPARK,
TigerHawk,
3 Mar 2009
