Mase: Economics and Finance

The first response of world financial markets to the eurozone package produced early Thursday morning was positive.   The second respons...

The financial markets hate uncertainty. It is the unknown that creates uncertainty and unexpected new information often creates uncertainty...

A financial crisis that is a result of the potential insolvency of a borrower is connected with the “true” value of the underlying assets he...

There are three preliminary indicators that the banking system is coming along on its way to recovery. First, there is the “letting go” of...

Rick Wagoner, Chairman and Chief Executive Officer of General Motors, will resign as a part of the agreement with the federal government in ...

Headlines on the Wall Street Journal website Thursday afternoon, “Treasurys Climb After Solid Auction.” (See http://online.wsj.com/article/S...

The debate over the Public-Private Investment Program (P-PIP) put forward by Treasury Secretary Timothy Geithner seems to be focusing upon a...

My blog of March 1, 2009, “Uncertain Asset Values and the Stock Market” (http://maseportfolio.blogspot.com/), was written before the most re...

The Obama speech to the Congress on Tuesday night was “well given” and, basically, “well received”. It has been criticized for, among other...

The Obama team has put forward the outline of its economic stimulus plan. The United States Congress has released the last $350 bill of the...

When a person or an organization is disciplined, they usually have plenty of options…many of them good ones. When a person or an organizatio...

I have been going over and over the events of the week beginning September 15, 2008 and I continue to come up with one basic conclusion: the...

Treasury Secretary Paulson gave a press conference yesterday and indicated that things had changed…that the focus of the bailout effort woul...

Once again, Tom Friedman of the New York Times has some very worthwhile things to say. Whereas one may not totally agree with all of his ar...

“The Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial sy...