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as soon as possible. ( H/T The Santos Republic) I absolutely agree, its time to actually let the market work. The bailouts are not doing what they were supposed to do and more and more government interferene will just make matters worse.Professor Richard Herring, co-chair of the Shadow Financial Regulatory Committee, makes his case to Obama.On the eve of Barack Obama’s inauguration as president of the United States, Wharton finance professor Richard J. Herring discussed with Knowledge@Wharton some of the advice offered to the new chief executive by the Shadow Financial Regulatory Committee, a group of economists, former regulators and lawyers, of which Herring is a co-chair.In an open letter to Obama, the committee suggested that the government should quickly extract itself from the...

Is it me or has counting money become a lost art? Let me explain.My first "official" job - one where I had to wear a tie and play corporate silly games - was me playing a bank teller. Scratch that. It was right around the time titles were being changed across the corporate landscape. I was a "Customer Service Representative."Like I said teller.Before I go forward here's a true story. For free. No need for those "if you want to read the rest of this story you need to subscribe" fascist declarations here. What bull in this day and age to pay for newspaper articles online.Keep to the story, TC. One of my coworkers took the title thing very seriously. She was the office secretary. Thought I was going to say slut, eh? Well, maybe she was I don't know. I can testify, however, that she was...