zombie banks

The Fed's decision to allow big banks to pay sharply higher dividends makes no sense, and not just because the results of the so-called "stress tests" are secret. Based on facts that are public knowledge, the banks are actually insolvent, and in danger of sinking much further.

This is just one of the Innovative Ways to Stimulate the Economy suggested by DailyFinance contributors. See them all. I've lost track of how much taxpayer money has gone towards propping up zombie banks -- those that are saddled with toxic assets whose marking to market wipes out their capital and...

Way back in the twentieth century, the stellar Hartford Courant columnist Tom Condon, in his many and legendary battles with the Connecticut Department of Transportation's aggressive tree-trimming program, used to ask: "I know I've said it before, but what is it that the Department of...