Monday, December 01st, 2008

Hot Topics : $8 Trillion in Bailouts | Biotech Stock Bargains | The Greater Depression | Thanksgiving Turkeys

About Fred Sheehan

Fred SheehanFred Sheehan has has written several guest articles in Marc Faber’s Gloom, Boom & Doom Report and contributes to Whiskey & Gunpowder and the Prudent Bear website. He is finishing a biography of Alan Greenspan, which the publishing industry has welcomed with complete apathy.

All entries by Fred Sheehan

Why the Fed is Encouraging Financial Suicide

Apr 17th, 2008 | By Fred Sheehan | Category: Featured, Financial News, Politics & Economics

“US Treasury Secretary Hank Paulson has proposed the Federal Reserve be given broad powers to regulate the financial industry” says Fred Sheehan.

“He could not have nominated a more incompetent body. The Coast Guard would do a better job.”

“Financial upheaval owes homage to derivatives that shrouded the massive growth in debt and leverage.”



First Step — Fire the Fed

Apr 14th, 2008 | By Fred Sheehan | Category: Politics & Economics

With the banking system going through a period of turmoil, the question of federal regulation will not be going away any time soon. Are market influences enough, or should the government be taking a closer look at how these banks do business.