Aleph Blog

 Subscribe in a reader

Disclosure

This blog is produced by David Merkel CFA, a registered representative of Finacorp Securities as an outside business activity. As such, Finacorp Securities does not review or approve materials presented herein. By viewing or participating in discussion on this blog, you understand that the opinions expressed within do not reflect the opinions or recommendations of Finacorp Securities, but are the opinions of the author and individual participants. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security or other instrument. Before investing, consider your investment objectives, risks, charges and expenses. Any purchase or sale activity in any securities instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results. Finacorp Securities is a member FINRA and SIPC.

David Merkel

At my blog there are two main purposes: teaching investors about better investing through risk control, and tying all of the markets into a coherent whole.

Latest



Archives


Categories


  • Recent Comments:

    • tom brakke: I’m on my way to give a speech to a bunch of equity investors. Included is my observation that...
    • David Merkel: Profit margins do look abnormally high; I will have to revisit my thesis. Not sure that accounting...
    • maynardGkeynes: @David: The FED model is fine. What I was trying to say is that earnings today are routinely fudged,...
    • Bob_in_MA: David, I don’t think you are measuring valuation in your previous post, in the sense of what value...
    • IF: I’ve noticed (and this is currently commented on with regards to the GS/Greece story), that US investors...
  • Recent Trackbacks:

  •  Subscribe in a reader

     Subscribe in a reader (comments)

    Subscribe to RSS Feed

    Enter your Email


    Preview | Powered by FeedBlitz

    Seeking Alpha Certified

    Featured blogger at Wealth Managers League

    Top markets blogs award

    The Aleph Blog

    Top markets blogs

    InstantBull.com: Bull, Boards & Blogs

    Blog Directory - Blogged

    IStockAnalyst

    http://www.wikio.com

    Search

     

    Advertising


    blog advertising is good for you

    Books I Have Reviewed

    Book Reviews

    Other Advertising

    Revisiting TARP FOIA Requests

    I’m tracking three FOIA lawsuits involving the TARP (using Bloomberg Law, and Googlebots):

      1. Bloomberg L.P. v. Board of Governors of the Federal Reserve System
      2. Fox News Network, LLC v. Board of Governors of the Federal Reserve System
      3. Fox News Network, LLC v. United States Department of the Treasury

        In the first case, there is a motion for summary judgment — this might come to an amicable end, itf the parties can compromise on terms of disclosure.

        The second case has the Fed writing out Vaughn Indexes — explaining what they can’t tell the plaintiff.

        The third case has the Treasury Department saying that they are in the process of complying with the original request, but that they are backed up now, and there are many sub-departments to co-ordinate.  Just wait your turn, and there will be many blacked-out documents for Fox News Network to review.

        I write this partly because I wonder whether the Obama Administration will create an open culture with respect to disclosure of data from the Federal Reserve and the Treasury.  My guess is no, because once someone is in power, they tend to reflect the interests of those who were in power.  But, I can hope, and remember, hope is audacious!

        I will continue to track these cases, and will report as biggish things happen.

        Leave a Reply