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Methinks we’ll need a 12-step program for this

Posted on November 4, 2009 at 1:25 pm

Dylan Ratigan gets on the soapbox and outlines a few steps Congress should follow to overhaul ‘too big to fail’ and produce some real financial regulatory reform. Among the thoughts guiding his plan: “Fortunes should not be made in minutes, but over years.”

Think it’s too late to have your say in the health reform debate?

Posted on October 30, 2009 at 7:23 am

Kevin Phillips says it’s not.

It’s anticipated that the outcry we heard from the public in August will be nothing compared to November and early December. We’ll see.

The 50/50 chance there will be no health reform

Posted on September 28, 2009 at 12:23 pm

Kevin Phillips at Jarrard Phillips Cate & Hancock handicaps the different paths the health care reform debate could take from here. Playing an important role these days is a nearly-all-or-nothing approach by many in the process who say they’ve learned their lessons from 1993.

What still remains clear is that everyone wants something to happen. The “something” may be different, but there is desire for action, for that lingering buzzword to occur: change. That wasn’t true during HillaryCare. The snag is, the GOP and some conservative Democrats (enough of them, likely) won’t vote for any of the current options on the table.

Guv candidate: Local AIG group lost $1B

Posted on April 12, 2009 at 10:56 pm

Ward Cammack knows this because he and a partner looked at buying American General’s Brentwood division. But the losses sustained due to an asset-lending program designed to goose returns ended that conversation.

From a Cammack blog post:

Maybe AIG should have voluntarily disclosed the details of how the collateral from the asset lending program was invested. The fact that the AIG Tennessee subsidiary was involved in asset lending was artfully hidden in a two-page note to their financial statements. Contrast that to the required disclosure of their invested assets. Each asset is individually detailed in their annual statement, so that policy holders, investors, regulators, and employees can know exactly what the risks are from those investments.

How voting records could spell trouble in Spring Hill

Posted on April 6, 2009 at 12:06 am

Bob Corker is doing his best not to let GM’s local plant fall victim to political considerations.

Spurring urban forestry

Posted on January 19, 2009 at 8:08 am

Nate Rau reports on a compromise bill that will require residential builders to plant a certain number of trees in their developments.

“I think it’s an unnecessary ordinance, but I think it’s the least obtrusive and it’s going to cost the city the least amount possible to enforce it,” Sheely said. “If we have to pass something, this has been the least obtrusive proposal so far.”

TN congressmen’s auto loan roll call

Posted on December 10, 2008 at 9:50 pm

Jim Cooper – one of 20 Democrats to vote against the $14 billion loan package – breaks the Tennessee tie.

Lessons from the business world for politics

Posted on December 9, 2008 at 5:05 pm

The WSJ’s Deal Journal blog explains how Gov. Rod Blagojevich could have avoided federal indictment by following a few simple rules.

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