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11.04.2009 12:02 pm

Banks bear most costs of bank rescues, Kemper says

St. Louis Post-Dispatch

St. Louis banker David Kemper doesn’t like some of the rhetoric he’s hearing about bank bailouts. In particular, he said this morning in a speech at Washington University’s Olin School of Business, he doeesn’t like the fact that banks have…

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03.20.2009 12:11 pm

Shame on AIG, but let’s not let the bonus flap make things worse

St. Louis Post-Dispatch

After a few days off, I’m still trying to catch up with all the commentary about the AIG bonuses. Andrew Ross Sorkin of the New York Times attracted many negative comments after saying that the government should honor employees’ contracts. Here’s…

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02.18.2009 1:54 pm

Play the blame game: Who’s responsible for the recession?

St. Louis Post-Dispatch

Whenever something goes wrong, it’s human instinct to find a scapegoat. Since things have gone terribly wrong with the economy, Time magazine is asking readers to assign blame to a lineup of 25 politicians, bankers, Wall Street moguls and others.…

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11.12.2008 2:21 pm

The “AIG story” is affecting Maritz

St. Louis Post-Dispatch

The flurry of financial-institution bailouts is having an indirect effect on Maritz Inc., Chief Executive Steve Maritz told a St. Louis RCGA audience this morning. The problem is that once a company takes taxpayer funds, its travel and meetings practices come…

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