Adam M. Zaretsky
After decades of discussion, the walls between commerical and investment banking and insurance have finally been taken down. And despite lingering questions about the size and the riskiness of the large institutions that may emerge, the biggest question to ask is why this took so long.
Politicians, the public and the press seem to view the trade deficit as if it were a cancer on the republic. But the current U.S. trade deficit looks to be more good news than bad.