OMB Sequestration Report Cuts the Cheese in Washington

A billion here… a billion there… pretty soon you’re talking about some real money. – Everett Dirksen’s Eccentric Aunt Tilly At the moment, by far the most popular US government document over three hundred pages here in Washington is the Office of Management and Budget’s Report Pursuant to the Sequestration Transparency Act of 2012.  For… Continue reading OMB Sequestration Report Cuts the Cheese in Washington

Jamie Dimon Tells Congress JP Morgan is Totally Derivative

Last night, Cerise and I were dining at Citronelle in Georgetown – or, at least, we were about to, when Dalrymple  sidled up to our table. “Tom,” he exulted, “what a surprise to see you here!” “Cerise,” I said, by way of introduction, “this is Aloysius Dalrymple.  His friends call him Scooter.  He’s a senior… Continue reading Jamie Dimon Tells Congress JP Morgan is Totally Derivative