The Worden Report
Thursday, July 21, 2011

Risking Default of the U.S. Government: Other Priorities

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In mid July 2011, as several of the American states were in the midst of a heat-wave, the showdown on the debt-ceiling was becoming hot in ...
Tuesday, July 19, 2011

Jamie Dimon of JPMorganChase Exploits an Institutional Conflict of Interest

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U.S. Treasury Secretary, Tim Geithner, said on July 18, 2011 that he was not concerned about dire warnings from Jamie Dimon, CEO of JP Morg...
Thursday, July 7, 2011

Voluntary Greek-Debt Maturity Extensions: A Rush for the Exits?

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As the E.U. was working out more loans for Greece in summer 2011, rating agencies looking at the state’s debt indicated that default would ...
Wednesday, July 6, 2011

Gandhi as a Model for the Arab Spring

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After two weeks in 2011 of mass protests in Egypt for representative democracy and the ouster of President Mubarak, the Egyptian government...
Sunday, July 3, 2011

European Banks Ignoring the E.U.

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As banks based in the empire-scale E.U.'s state of the United Kingdom decided to pull back their operations around the world in mid 201...
Monday, June 27, 2011

The European Council: Head of State of the E.U.

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Concerning the European Council and the Council of the E.U., it can reasonably be asked whether such similar nomenclature is really necess...
Thursday, June 23, 2011

On the Belgium Stalemate: The E.U. to the Rescue?

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On June 22, 2011, Philip Claeys, a representative in the E.U. Parliament, once again repeated his demand for Flemish independence, calling...
Saturday, June 18, 2011

Banks on Reserve Requirements: An Institutional Conflict of Interest

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As regulators were getting close to an international agreement on how much additional capital large banks that are deemed too big to fail ...
Friday, June 17, 2011

British Banking Regulation in the E.U.

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Before the financial crisis of 2008, the British government was light on banking regulation compared to other E.U. state governments. Oddl...

Long Term Capital Management

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By 1997, “after three years of strong profits for LTCM, the opportunities were drying up. There was too much money chasing the same invest...

Amtrak’s Conflict of Interest

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On June 15, 2011, U.S. House Republicans called for the breakup of Amtrak’s de facto monopoly of intercity and interstate passenger-rail ...
Friday, June 10, 2011

Word-Games Obfuscating Britain Losing a Region: Too Many Bagpipes

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Following the Scottish National Party’s victory in the Scottish region's elections in the United Kingdom) the question of whether the ...

A Health-Insurance Mandate Consistent with Federalism

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On June 7, 2011, according to the Huffington Post, “three judges on the 11th Circuit Court of Appeals panel questioned whether upholding t...
Wednesday, June 8, 2011

Weakened U.S. Federalism as a Cause of the Financial Crisis

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Weakening federalism in the name of preemptive deregulation played a major role in enabling the financial crisis of 2008. Specifically, Ca...
Tuesday, June 7, 2011

Scotland: From a Region to a New E.U. State?

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In early May 2011, “the Scottish National Party (SNP) won 69 out of 129 seats in the Scottish Parliament, with about 45 percent of the vote...
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