“This pisses me off” tweets Mark Cuban on Singapore’s newest citizen and Facebook cofounder Eduardo Saverin’s renouncing of his U.S. citizenship… Yep, he was born in brazil, came to the U.S., became a citizen, went to Harvard, almost got totally screwed by Zuckerberg, and is dodging $600 million in taxes to take his profits in [...]

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Housing prices, we’d agree, got way ahead of themselves in the mid ’00s… The problem, we ‘should’ agree, was easy money – i.e., an over-abundance of capital and an under-abundance of prudence on the part of consumers, lenders and policymakers… Easy mortgages made big-shot bidders out of little-shot consumers, leading to fat housing prices, fat [...]

So does Jamie Dimon have egg on his face or what? Barney Frank, and every other Dodd Frank supporter, jumped all over JP Morgan’s $2 billion loss on its proprietary trades (the ones the “Volcker Rule”, when enacted, will [*supposedly]  eliminate)… *There’ll be some debate as to whether these particular trades would fall under the [...]

Jamie Dimon’s on the hot seat over some $2 billion in recent losses on derivatives… Fueling the fire for those pushing for yet more regulation of the financial industry… We’re talking JP Morgan; the firm that had the wherewithal to take over Bear Stearns and Washington Mutual (with a little help from the Fed) during [...]