Deflation Arrives in the UK but “Avoided” in US?
September 9, 2009 – 1:05 pm | No Comment

Two contrasting statements are hitting the front pages today.  On one side of the Atlantic, deflation has arrived in the U.K. High Streets. A report from British Retail Consortium (BRC)-Nielsen Shop Price Index shows that …

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IndyMac the Next Bank Failure?
July 2, 2008 – 1:20 pm | No Comment

IndyMac Bancorp is shaping up to either be the next bank failure or the next government bailout recipient. IndyMac experienced a “mini run on the bank” over the weekend.