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Points of View

Rossoff & Company’s Points of View is a forum for industry experts, leading finance professionals and senior Rossoff & Co. professionals to provide insights and commentary on current news stories, financial market themes and industry dynamics.

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Posted by on in Points of View
         The Obama Administration’s strategy in Syria keeps shifting. Last week, John Kerry announced that Iran would be included in Syrian peace talks in Vienna and that the UnitedStates would not insist that Bashar Assad step down as a condition of a peace settlement – both moves represent serious shifts in the US position. At nearly the same time, the Defense Department announced that 50 US Special Forces troops would be dispatched to northeastern Syria to aid Syrian ...
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Joseph Stiglitz is, along with Paul Krugman, one of America’s foremost liberal economists. He is a Nobel Prize winner, a former head of the President’s Council of Economic Advisors under Bill Clinton, former chief economist at the World Bank and professor at Yale, Stanford, Oxford, Princeton and now at Columbia. Although a staunch liberal – and as we know, economists, like judges, come in either liberal or conservative flavors – Stiglitz normally maintains a civilized demeanor in debate with his...
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When Netanyahu spoke before Congress to denounce the deal that the Obama Administration is negotiating with Iran, he made the inevitable comparison to Munich. In September of 1938, Neville Chamberlain, Prime Minister of Great Britain, and other Western powers negotiated a deal with Adolf Hitler that gave Germany major portions of largely German-speaking Czechoslovakia in return for Hitler’s promise of peace in Europe. Chamberlain returned to Great Britain declaring that he had achieved “peace fo...
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        Is there any doubt that Elizabeth Warren is the most interesting and exciting figure in American politics today? In the land of the bland (Mitch McConnell), the boring (John Boehner), the cranky (John McCain), the self-involved (Barak Obama), the grating (Hilary Clinton), the creepy (Ted Cruze), the weird (Rand Paul) and the bombastic (Chris Christie) she stands out. Her message is simple and straightforward – the system is rigged against the average Joe and Washingto...
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        Two seemingly unrelated news stories, publicized in the last couple of weeks, have highlighted the symbiotic relationship between our government and our major banks. In one, it was reported that whistle blowers were paid a total of $170 million for aiding in the recovery of $16.65 billion from Bank of America in a settlement announced last August in connection with offenses related to pre-2008 mortgage financings. The Bank of America recovery figure is roughly equal t...
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