Re: Re: New risk rules of FI's

2001-01-23 Thread ALI KADRI
According to a colleague who contributes to the writing of these agreements, the 1988 agreement gave ample considerations to Japanese banking needs. Japanese banks at the time had much capital gains and so the agreement allowed them to convert 40% of capital gains into permanent capital. This of

Free Mike!

2001-01-23 Thread Doug Henwood
Today's Feed daily is my plea to Free Mike Milken! http://www.feedmag.com/templates/select_template.php3?a_id=1581. Doug

Re: Energy deregulation GATS

2001-01-23 Thread Jim Devine
It seems to me that Governor Gray Davis has a easy solution to the current energy crunch, which seems to have shut pen-l down for awhile: he could allow electricity retail prices to rise, while allowing California consumers to write off electricity costs on their state income taxes this year.

RE: bankruptcy and corporate auditing

2001-01-23 Thread Charles Brown
Dave, Wouldn't it have been better by your analysis to let that big hedge fund go bankrupt recently, like normal capitalism ? Charles Brown

RE: Re: Energy deregulation GATS

2001-01-23 Thread Max Sawicky
problem is a lot of folks pay little or no income tax but still pay utility bills. mbs It seems to me that Governor Gray Davis has a easy solution to the current energy crunch, which seems to have shut pen-l down for awhile: he could allow electricity retail prices to rise, while allowing

Re: RE: Re: Energy deregulation GATS

2001-01-23 Thread Jim Devine
then, make it a refundable tax credit, or lower the state sales tax further. At 11:55 AM 1/23/01 -0500, you wrote: problem is a lot of folks pay little or no income tax but still pay utility bills. mbs It seems to me that Governor Gray Davis has a easy solution to the current energy crunch,

BLS Daily Report

2001-01-23 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JANUARY 22, 2001 Regional and state unemployment rates were steady in December with all four regions reporting little or no change and 43 states recording changes of less than 0.3 percent, the Bureau of Labor Statistics reports. ... (Daily Labor Report, page D-8). The

Daily Recession Watch Report

2001-01-23 Thread Charles Brown
Michigan town's pain signals hard times Cadillac feels first ripples of an economic slowdown Dale Young / The Detroit News Jon Anderson of Four Winns rests on a boat mid-assembly line. The plant closed four days before Christmas, leaving 500 workers jobless. The company is looking for a

My neighbor, GM, Fortune 500 company

2001-01-23 Thread Charles Brown
World Auto View Depend on GM for your livelihood? Reasons adding up for you to worry By Daniel Howes / The Detroit News FRANKFURT, Germany--If there are virtually no problems in today's auto industry that can't be cured with great cars and trucks, as Nissan President Carlos Ghosn says,

what is productivity

2001-01-23 Thread Michael Perelman
Sven Larsen posted this to another list. The interesting part, for me, is the subjective nature of what is, or is not productive -- sort of like the discussion we had long ago about measuring GDP. Economics attempts to project itself as some sort of objective science, but A Danish woman

question about pen-l contents

2001-01-23 Thread Michael Perelman
In response to my request Bob Naiman is posting Dean Baker's Economic Reporting Review. We've also then getting Paul Kniesel's antifascist compilation. My own thinking is that the latter is a bit off topic for us, since many people are concerned about the excessive crush of pen-l posts. Maybe

RE: Free Mike!

2001-01-23 Thread David Shemano
Milken got screwed. He was not charged with, and never convicted of, insider trading. In fact, I bet there is not a single person on this list who has a clue what he was charged with and how trivial the charges actually were. The fact is he did more to democratize capital than anybody alive

Re: RE: Free Mike!

2001-01-23 Thread Doug Henwood
David Shemano wrote: Milken got screwed. He was not charged with, and never convicted of, insider trading. In fact, I bet there is not a single person on this list who has a clue what he was charged with and how trivial the charges actually were. Even more challenging: who were the victims of

RE: Re: RE: Free Mike!

2001-01-23 Thread David Shemano
Doug Henwood wrote: - Milken got screwed. He was not charged with, and never convicted of, insider trading. In fact, I bet there is not a single person on this list who has a clue what he was charged with and how trivial the charges actually were. Even more challenging:

Special Issue #2 On Ashcroft Nomination (#505)

2001-01-23 Thread Paul Kneisel
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Re: Re: RE: Re: Energy deregulation GATS

2001-01-23 Thread Eugene Coyle
Just quickly: Jim, are you proposing to funnel public money to the utilities by them charging customers higher prices and then the customers get re-imbursed out of the state treasury? Utilities get more money, customers come out even, but taxpayers pay? Not very appealing to me. For

Fwd: prison question

2001-01-23 Thread Jim Devine
from SLATE: USA [Today] ... tops its front with the capture yesterday at a Colorado RV park of four of those Texas prison escapees. Rather than also surrender, a fifth shot himself, and the remaining two convicts are still at large. The cops got their key tip from a viewer of America's Most

Re: RE: Free Mike!

2001-01-23 Thread Jim Devine
At 03:41 PM 01/23/2001 -0800, you wrote: . The fact that Marc Rich was pardoned and Milken was not is conclusive proof that Clinton is really as corrupt as he appears. hey, man! you're dissing the man who ended welfare as we know it and showed the Sudan who was boss! ;-) Jim Devine [EMAIL

Re: what is productivity

2001-01-23 Thread Yoshie Furuhashi
Michael Perelman posted: Sven Larsen posted this to another list. The interesting part, for me, is the subjective nature of what is, or is not productive -- sort of like the discussion we had long ago about measuring GDP. Economics attempts to project itself as some sort of objective science,

Re: Free Mike!

2001-01-23 Thread Michael Perelman
Nobody commented that he also freed Susan Rosenberg and Linda Evans -- the latter, you may recall, asked for help from pen-l. Yes, Rich is slime. He also engaged in union busting, if I recall correctly. Stewart is a better place to look for what Milken did. Stewart, James B. 1991. Den of

Why we call for Civilization, not globalization

2001-01-23 Thread Lisa Ian Murray
[Yet more on the phlogiston that is "the free market"] http://www.iht.com/articles/8510.html As Asian Reforms Go Into Eclipse, Growth Outlook Darkens Michael Richardson International Herald Tribune Wednesday, January 24, 2001 SINGAPORE: The signs are surfacing across Asia. . In South Korea,

Putin's KGB instincts on Chechnya

2001-01-23 Thread Chris Burford
The following Guardian article probably comes as much from economic considerations as political. In order to maintain the central integrity of Russia and to dominate the strategic oil area of the Caucasus, Putin played the Chechen card and won the presidential succession to Yeltsin. The

Re: Re: Energy deregulation GATS

2001-01-23 Thread Margaret Coleman
The tax write off answer is better than no solution at all, but there are two problems: 1. It doesn't address the basic issues -- deregulation has caused shortages and rampant energy price inflation. 2. It assumes that consumer will have enough money to pay quickly escalating costs and then