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Bruce Berkowitz on Bank of America

As Bruce Berkowitz’s Fairholme fund faces his worst year ever, aum has dwindled from $23billion to under $10b. This has been a result of both redumptions and large losses on financials. I noticed in late 2010 that Berkowitz was shifting […]

Europe’s Crisis: Beyond Finance
Videos

Europe’s Crisis: Beyond Finance

Everyone is wondering about the next disaster to befall Europe.  Italy is one focus; Spain is also a possibility. But these crises are already under way. Instead, the next crisis will be political, not in the sense of what conventional […]

Sunday Info-Graph: US Debt Illustrated
Info-Graphs

Sunday Info-Graph: US Debt Illustrated

As the super committee continues playing color war like Children at camp, the public is unsure what will be next; more austerity, more stimulus something else? This wee the national debt hit $15 trillion. The sunday info-graph deals with this issue. First […]