Category Archives: Business

Financial Regs & Market Plunge –

Senate Democrat Christopher Dodd is one of the major supporters of the Finacial Reform legislation.  He is also one of the Senators pointing to the stock market drop as an example of the need for the legislation.  There have been reports … Continue reading

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Stocks Plunge –

Stocks plunged almost as much as 1,000 points before making a rebound late in the day.  The late rally still left the market down more than 300 points for the trading day.  European debt concerns are the major factor in … Continue reading

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Washington Power Brokers –

Washington’s Power Brokers is an article that appears on the Forbes website.  A good political article is a frequent visitor of the Business In The Beltway section of the Forbes site.  The influence list includes players in the fields of … Continue reading

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Financial Bill Moves Forward –

The Senate voted by unanimous consent to move the Financial measure forward and to the debate floor.  The third attempt to move the measure failed earlier in the day by a 56-42 vote.  The final bill could be voted on … Continue reading

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Here We Go Again –

Democratic Senator Harry Reid called for a secong vote to move the Financial Reform bill forward in the Senate.  The measure fell short again today by the same 3 votes as yesterday.  More votes on the measure are expected this … Continue reading

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Senate Blocks Financial Bill –

The Senate blocked a measure to move the Financial Reform bill forward by a vote of 57-41.  The measure needed 60 votes to pass and came up shy by three votes.  Republican efforts to continue negotiations were successful but a bill is still … Continue reading

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Financial Reform Procedural Vote –

Senator Reid filed a procedural motion this afternoon which sets up a vote to proceed to the Financial Legislation on Monday.  The vote will take place Monday night at 5:15 p.m. and if approved will move the legislation to the … Continue reading

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Financial Bill To Pass –

Republican leadership is indicating that there is a strong chance of a bipartisan financial bill in the next few weeks.  Republican Senator Richard Shelby has stated that the two parties are conceptually together on 85% of the bill.  The $50 … Continue reading

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SEC Self-Funding –

Senator Schumer is calling for the SEC to be a self funded regulatory body.  The SEC would be funded through fees that it would collect.  This is one more item up for debate regarding the financial bill. To read a … Continue reading

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SEC Scrutiny of ETFs –

Leveraged Exchange-Traded Funds are coming ubder closer scrutiny of the SEC.  The Commodities Futures Trading Commission (CFTC) have also indicated that they may put stricter limits on position which could effect large ETFs. To read the Wall Street Journal article, … Continue reading

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TARP & TALF –

Fox News Business has an area dedicated to TARP and TALF articles and reports.  If you have an interest in these programs you should check out this news source. To visit Fox News Business, please click here: http://www.foxbusiness.com/search-results/business/finance/troubled-asset-relief-program.htm   James … Continue reading

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New Jersey Tax Decision –

Forbes discusses a major ruling in a New Jersey Tax Court opinion regarding a telecommuter. To read the article, please click here: http://www.forbes.com/2010/03/30/state-corporate-tax-telecommuters-amazon-personal-finance-new-jersey-tax-grab.html Jim Sutliff

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Wall Street Next –

The Democrats are planning on passing legislation this year to overhaul the financial industry.  One of the main questions regards the amount of debate and the number of changes to the bill. To read an article by The Hill, please click … Continue reading

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Financial Legislation –

The financial legislation has moved out of committee with a 13-10 vote.  Changes are expected to be made during discussions over the next couple of months.  Passage of the bill may happen as early as Memorial Day. To read an … Continue reading

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Healthcare Bill Passes –

The healthcare bill passed the house with a 219-212 vote.  This will be a major issue in the 2010 election cycle and is sure to launch many legal challenges.  A second bill regarding student loan programs is still waiting to … Continue reading

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