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Local “Economic Development”: Subsidies All The Way Down

By The Banker | Blog Posts

“The earth isn’t floating in space, it just rests on a Giant Turtle,” said the lady. “But what,” the scientist asked gamely, “does the Giant Turtle rest on?” “My dear boy,” she replied as if to a child, “It’s just turtles all the way down!”   My local city council recently approved more than $12

Interview Part II: Frack Jobs - Plentiful but Rough

Interview Part II: Frack Jobs – Plentiful but Rough

By The Banker | Audio Posts, Texas

In this interview Bryant talks about the difficulty of employing oilfield workers, who often look for trouble. Bryant:           Hello, my name is Bryant, and I presently work for a company that develops and operates frac-sand silo terminals in the Eagle-Ford shale. Bryant and I spoke about his views working on the fracking world in an

Interview on BBC Radio: $1.5B UBS LIBOR Manipulation Penaty

Interview on BBC Radio: $1.5B UBS LIBOR Manipulation Penaty

By The Banker | Audio Posts, Wall Street

I’ve linked here to Bankers Anonymous’ Worldwide Radio Debut today with the BBC’s “World Have Your Say,” in the wake of UBS’ reported $1.5Billion penalty for fixing LIBOR rates between 2005 and 2010.     http://www.bbc.co.uk/programmes/p011x4l8 The Bankers Anonymous portion of the show starts at minute 40:20, and goes until the end. I talk about

Less Lawyers and Guns, But More Money, Please.

Less Lawyers and Guns, But More Money, Please.

By The Banker | Blog Posts

“Why did this happen and what can we do?” ask my fellow parents of young children this week.  At school drop-off, in the kitchen, on social media.  Anyplace slightly out of hearing of the kids. I have a one-track mind when it comes to an issue like gun control.  My singularly tracked mind says “follow