“The question is, Do we get more money from the person that’s gonna serve me lunch today, or do we get it from me? I think we should get it from me.”
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Harry Markopolos Knows What to Do About Off-Balance Sheet Accounting
- Caleb Newquist
- April 22, 2010
“[E]liminate all use of off-balance sheet accounting–for any use whatsoever. Everything must be on balance sheet.”
~ Harry Markopolos, on one aspect of financial reform.
Betting on Estate Tax Inaction
- Caleb Newquist
- October 14, 2010
“It’s not a sure thing that they’ll actually get around to doing anything about it.”
~ Craig Jennings, federal fiscal policy analyst at OMB Watch, doesn’t have much faith that Congress.
A CEO’s Reaction After Losing $8 Billion in Three Months
- Caleb Newquist
- May 6, 2010
“Though more needs to be done, we are seeing some signs of stabilization in the housing market, including house prices and sales in some key geographic areas.”
~ Charles Haldeman, CEO of Freddie Mac. The “more needs to be done” includes additional government funds.