The SEC release questioning many long-standing features of mortgage real-estate investment trusts is an unfortunate development for the market as it will delay capital raising efforts and IPOs.
Looking at the history of unsuccessful efforts to tame the economic cycle, one must ask whether Dodd-Frank will harm, rather than help the Fed's ability to react in the next crisis.
The administration has failed to understand the psychology of job creation. Small businesses and community banks have lost confidence in their economic future and are unwilling to invest capital.
Outside investors living in other, predominantly white neighborhoods, not local homeowners, account for the foreclosures in our nation's black communities.
President Obama should acknowledge that something is seriously wrong with the government's response to the financial crisis of 2008 and chart a new course.
It is hard to believe from what's been disclosed in the subprime aftermath that Fannie and Freddie executives didn't know a lot more about the risks than the FHFA court filings indicate.
