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It's A Small World After All

It's A Small World After All
Since MCM’s inception in 1992 the world has become much smaller with the rapid emergence of the BRIC (Brazil, Russia, India, and China) countries, particularly China and India.  Several factors converged to change this landscape rapidly over the past decade.  First, China’s admission into the World Trade Organization led the way for political and economic reforms which facilitated the rapid… read more →

Legislation And The Law Of Unintended Consequences

Legislation And The Law Of Unintended Consequences
  As I struggled with insomnia a few weeks ago, sweating out where the economy was headed, the new carried interest tax proposals, and the Dodd-Frank (aka Fin-Reg) bill, I dreamt I heard Barney Frank's voice quip “Fannie May and Freddie Mac are not in a financial crisis…..The more people exaggerate these problems, the more pressure there is on these… read more →
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