Broback's Blog

Maybe there is “hope” after all. This from Greg Mankiw. He quotes Obama’s second autobiography, page 156. the conservative revolution that Reagan helped usher in gained traction because Reagan’s central insight–that the liberal welfare state had grown complacent and overly bureaucratic, with Democratic policy makers more obsessed with slicing the economic pie than with growing […]

[Read more →]

My good buddy Steve (one of the few regular readers of this sporadically populated blog) is probably thinking that this is my long-awaited post about why voters are suckers when they don’t vote for their own self interest. Sorry Steve, I definitely need to do more research before I pontificate on social choice issues. On […]

[Read more →]

I received a helpful email from Kristin Alexander at the Washington State Attorney General’s Office regarding my recent post about the NASAA task force investigating the Auction Rate meltdown. Kristin corrected me that the term “regulators” does not always equate to attorneys general. She also wondered about my claim that the Attorney General’s Office was […]

[Read more →]

I posted recently regarding how Rob McKenna’s office was being strangely quiet about ARS. Looks like they have joined 9 other states to probe 12 Wall Street firms about potential misdeeds. Based on the emails in evidence, these guys didn’t learn their lessons from the dot com days regarding research and what they say internally […]

[Read more →]

8/1/2008: Kristin Alexander at the office of the Attorney General quickly got back to me on this. She says she can’t conform nor deny that there is an investigation going on. Many states Atty Generals are chasing after the culprits (UBS, Merrill) who pushed toxic Auction Rate Securities on an unsuspecting public. New York and […]

[Read more →]