The scalding pain of Monday's liquid(ity) brutality is fresh in the mind. Sure, Buffett is there to remind us that it is actually possible to buy (and not just "hold" since short-sellers are still shackled to each other in a...

While the collapse of Bear Stearns and financial industry losses now topping $400 billion, many lawmakers and regulators are calling for increased regulation of the banking industry. But a parallel argument has been pointing in the opposite direction: loosening some...