The Fed’s first credit crisis lawsuit… who’s suing and why, AmEx, Fannie Mae unload more financial follies… government “fixes” problem with more taxpayer dollars, Chris Mayer with a credit crisis byproduct (and opportunity) that could affect the entire world, China announces big stimulus plan… so why did commodities fall? A hefty chink in Dubai’s armor, Plus, Dan Amoss with a once-favored investment theme due to be back in the spotlight soon

Here’s a curious development that may be worth watching: Bloomberg is suing the Federal Reserve.

Last week, we took a look at the Fed’s bulging $2 trillion balance sheet. And if you’re a long-suffering 5 Min. reader, you know our futile recounting of the weekly Fed lending programs… all the abbreviations and acronyms: TAF, TSLF, PDCF, CPFF, TARP, etc.

Well, the folks at

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SkyPostal Networks, Inc., (SKPN.OB), the Miami-based international mail distribution company specializing in the hand delivery of mail and periodicals into Latin America, has a stated mission: “To provide our customers with a consistent, secure, and reliable mail delivery service of the highest standards”.

Since their founding in 2002, they have been able to do exactly that, beating out government delivery services through the use of innovative logistics solutions and state-of-the-art information technology.

Now the largest private mail network in Latin America, serving 20 major countries, SkyPostal handles mail from European postal administrations, major publishers, international mailers, and financial institutions that require time-defined and reliable delivery of their mail or magazines. SkyPostal supports their service with a proprietary, web-based tracking system that allows clients to track mailings, while reducing costs through the well-managed outsourcing of transportation and delivery services. As a result, the company is able to

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Public policy is determined by elected governmental officials and appointees who are responsible to them.  This is the nature of accountability and representative government. As citizens we are all free to criticize and vote for our favorite choices.  One person, one vote. At "A Dash" we are disturbed by recent commentary that suggests that trading in financial markets should dictate public policy decisions.  No one elected the financial managers nor the pundits.  Their interests are not necessarily aligned with the overall economy, the housing market, nor (especially) the GSE's --- Fannie and Freddie. The dividing line is clearly stated in this article by Zac Bissonnette at Blogging Stocks.  He contrasts the opinions of two people whom we admire, Barney Frank and Warren Buffett.  Here is the analysis: In an interview with Money, Frank was asked about Fannie Mae and ...