http://labs.daylife.com/journalist/vernon_hillArticles by VERNON HILL, aggregated by daylife.comen-usTue, 24 Nov 2009 13:43:00 GMTTue, 24 Nov 2009 13:43:00 GMTDaylife Betaken@daylife.comken@daylife.comhttp://seekingalpha.com/article/127707-the-people-s-republic-of-america-see-what-congress-is-doing?source=feedAs the ongoing financial panic unfolds, no event has been more staggering—or dramatic---than the collapse of AIG. This was once one of the world's great companies, not just in financial services, but in any industry, anywhere. At its peak, the company ...Wed, 25 Mar 2009 08:19:42 GMThttp://seekingalpha.com/article/127707-the-people-s-republic-of-america-see-what-congress-is-doing?source=feedAmerican International Grouphttp://seekingalpha.com/article/100555-e-u-eases-mark-to-market-rules-what-s-the-u-s-waiting-for?source=feedThe European Union has accepted the International Accounting Standards Board’s proposed easing of its version of mark-to-market accounting rules. Good for the EU.  The U.S. should follow. As I mentioned here Wednesday, mark-to-market accounting forces ...Sun, 19 Oct 2008 08:05:18 GMThttp://seekingalpha.com/article/100555-e-u-eases-mark-to-market-rules-what-s-the-u-s-waiting-for?source=feedEuropean Unionhttp://seekingalpha.com/article/100137-mark-to-market-accounting-makes-speculators-of-us-all-and-that-s-bad?source=feedI recently had the pleasure of doing a joint interview with Jack Bogle, the legendary founder of Vanguard Funds. Jack reminded me of his belief that the U.S. has become a country of speculators rather than investors, and that this change was one of the ...Thu, 16 Oct 2008 07:38:39 GMThttp://seekingalpha.com/article/100137-mark-to-market-accounting-makes-speculators-of-us-all-and-that-s-bad?source=feedhttp://seekingalpha.com/article/98423-wachovia-goes-west-the-deal-s-a-natural?source=feedThankfully, the ill-fated Wachovia-Citigroup merger has been killed before it had a chance to be born. The combination never had any chance of success. And, thankfully, too, Wachovia has found an acquirer that will provide both its shareholders and its ...Fri, 03 Oct 2008 13:22:51 GMThttp://seekingalpha.com/article/98423-wachovia-goes-west-the-deal-s-a-natural?source=feedCitigrouphttp://seekingalpha.com/article/98260-wachovia-for-free-citi-still-paid-too-much?source=feedTom Brown argues that Citigroup’s (C) Wachovia (WB) deal is a home run, and that the company is getting Wachovia’s banking business essentially for free. I don’t buy it. Nothing is cheap enough if the buyer can’t integrate the acquired institution or ...Thu, 02 Oct 2008 15:02:08 GMThttp://seekingalpha.com/article/98260-wachovia-for-free-citi-still-paid-too-much?source=feedCitigroupTom BrownWachovia Corporationhttp://seekingalpha.com/article/98105-wachovia-golden-west-transaction-a-disaster-without-peer?source=feedThe financial crisis has finally proved (if anyone needed more evidence) the sheer value-destroying power of large-scale M&A in financial services. The past ten years have seen one disastrous deal after another. You will have your own favorite: ...Wed, 01 Oct 2008 21:57:22 GMThttp://seekingalpha.com/article/98105-wachovia-golden-west-transaction-a-disaster-without-peer?source=feedCitigrouphttp://seekingalpha.com/article/98052-time-for-the-fdic-to-raise-limits-on-insured-deposits?source=feedWhile Congress frantically tries to save Wall Street in order to save Main Street, it should focus first on directly protecting the financial security of all Americans and the U.S. banking system. How? By raising the limit on FDIC insured deposits from ...Wed, 01 Oct 2008 18:38:55 GMThttp://seekingalpha.com/article/98052-time-for-the-fdic-to-raise-limits-on-insured-deposits?source=feedU.S. CongressLehman Brothershttp://seekingalpha.com/article/97001-money-market-funds-chutzpah-banking?source=feedBack in the 1970s, when passbook savings rates were regulated (and set well below market rates) a new beast arose to fill the role bank savings accounts once played: the money market mutual fund. These were pools of highly liquid funds, reportedly ...Tue, 23 Sep 2008 21:13:46 GMThttp://seekingalpha.com/article/97001-money-market-funds-chutzpah-banking?source=feedhttp://seekingalpha.com/article/96955-bank-crisis-where-were-the-regulators?source=feedAs the shadow banking system implodes and core deposit-funded banks prepare to expand to fill the void that’s been created, inquiring minds want to know: where on earth were the regulators? Answer: they were counting the twigs as the forest ...Tue, 23 Sep 2008 15:52:57 GMThttp://seekingalpha.com/article/96955-bank-crisis-where-were-the-regulators?source=feedhttp://seekingalpha.com/article/95129-fdic-insurance-fund-it-doesn-t-actually-exist?source=feedWhen FDIC head Shelia Bair says her agency might have to bolster the FDIC's insurance fund with Treasury borrowings to pay for the new spate of bank failures, a lot of us, this 40-year banking veteran included, assumed there's an actual FDIC fund in ...Fri, 12 Sep 2008 07:33:24 GMThttp://seekingalpha.com/article/95129-fdic-insurance-fund-it-doesn-t-actually-exist?source=feed