Just days before the Nov. 4 election, this story began to gain currency: gun sales were surging over fears that Barack Obama would be elected because he would take away everyone’s guns. In the days after the election, similar stories began to appear both in the national media (see here and here) and in regional [...]

Henry Waxman, chairman of the House Committee on Oversight and Government Reform just issued a statement on his take on the bailout. Here’s a snippet:
The Administration’s plan completely eviscerates the concept of moral hazard. It would enrich the Wall Street executives whose reckless investments caused the financial crisis. The taxpayer is being asked to risk [...]

If you’re finding it hard to keep on top of all the announcements coming out of the SEC these days, you’re not alone. Apparently, the SEC is also having some difficulty, judging by the fact that their last Twitter entry was Friday morning at around 5:37 am, when they announced an array of new rules [...]

Fresh on the heels of the head-spinning events yesterday, with Republican John McCain demanding that former Republican Congressman Chris Cox be fired for “being asleep at the switch” and Cox responding with this unusual statement, there’s a whole new list of rules that the SEC is out with this morning, including a new form SH [...]

If you needed yet another indicator on just how serious things are right now — beyond the scary story in the WSJ today calling this the worst crisis since the 30s — here’s one: just this week, the SEC has issued three after-hours press releases — one Sunday night, one Monday morning and its latest [...]