Tue 2010-10-12 16:13 EDT

Iceland Rejects Icesave Depositors Bill in Referendum - BusinessWeek [2010-03-07]

Icelanders rejected by a massive majority a bill that would saddle each citizen with $16,400 of debt in protest at U.K. and Dutch demands that they cover losses triggered by the failure of a private bank...Voters rejected the bill because ``ordinary people, farmers and fishermen, taxpayers, doctors, nurses, teachers, are being asked to shoulder through their taxes a burden that was created by irresponsible greedy bankers,'' said President Olafur R. Grimsson, whose rejection of the bill resulted in the plebiscite...Icelanders used the referendum to express their outrage at being asked to take on the obligations of bankers who allowed the island's financial system to create a debt burden more than 10 times the size of the economy...

2010 03 07; BusinessWeek; Iceland Rejects Icesave Depositors Bill; referendum.

Fri 2009-10-23 08:55 EDT

Is Goldman Sachs Evil? Or Just Too Good? -- New York Magazine (2009-07-26)

Joe Hagan

(Goldman Sachs, Financial Times, The Wall Street Journal, Rolling Stone, John Rogers, John Whitehead, AIG, Neil Barofsky, Troubled Asset Relief Program, Morgan Stanley, Hank Paulson, Lloyd Blankfein, John Thain, Lehman Brothers, Standard & Poor's, Tim Geithner, JPMorgan Chase, Jon Winkelried, David Solomon, Richard Friedman, Jamie Dimon, Robert Rubin, Dan Jester, Eric Dinallo, Hank Greenberg, Edward C. Forst, Neel Kashkari, Edward Liddy, Stephen Friedman, Sidney Weinberg, TARP, Joseph --Stiglitz, Lucas van Praag, Frank Suozzo, Mike Morgan, Matt Taibbi, Edith Cooper, Byron Trott, Warren Buffett, Barney Frank, John Thornton, Michael Lewis, Larry Summers, Barack Obama, Rahm Emanuel, Robert Hormats, Eliot Spitzer) Inside Goldman Sachs, America's most successful, cynical, envied, despised, and (in its view, anyway) misunderstood engine of capitalism. [2009-07-26]

2009-07-26; Goldman Sachs evil; good; just; New York magazine.

Zero Hedge Wed 2009-08-26 15:52 EDT

The Goldman VaR Exemption Question Escalates

Tyler Durden

It seems only yesterday that Zero Hedge had some questions in regard to Goldman's VaR Fed exemption. No response was received from 85 Broad. Today it appears several Congressmen, lead by Alan Grayson, are willing to drive a sharp stick pretty deep into the hornets' nest, by sending a letter directly to Wall Street Don Ben Bernanke, demanding an explanation exactly to the question of Goldman's VaR Exemption. Posted 2009-07-27.

Goldman VaR Exemption Question Escalates; Zero Hedge.

Fri 2008-11-07 00:00 EST

Hussman Funds - Weekly Market Comment: July 10, 2006 - There's No Such Thing as Idle Cash on the Sidelines

2006-07-10

2006; Hussman Funds; Idle Cash; July 10; s; sidelined; thing; weekly market comments.

Tue 2008-09-02 00:00 EDT

The Institutional Risk Analyst: US Banks: The Good, the Bad and the Ugly

US Banks: The Good, the Bad and the Ugly, by Institutional Risk Analytics; 2008-07-23

bad; bank; good; Institutional Risk Analyst; ugly.

Tue 2008-09-02 00:00 EDT

The Institutional Risk Analyst: A Change in Bank Control: Interview With Ernest Patrikis

A Change in Bank Control: Interview With Ernest Patrikis, by Institutional Risk Analytics; 2008-07-09

bank control; change; Ernest Patrikis; Institutional Risk Analyst; interview.

Tue 2008-09-02 00:00 EDT

Failure of Central Banking leads to Debt Capitalism Self

Failure of Central Banking leads to Debt Capitalism Self Destruction, by Heny C. K. Liu; 2008-07-21

Central Banks lead; Debt capitalism self; failure.

Mon 2008-07-21 00:00 EDT

McClatchy Washington Bureau | 07/19/2008 | Commercial bankruptcies soar, reflecting widening economic woes

by Tony Pugh

07/19/2008; Commercial bankruptcies soar; McClatchy Washington Bureau; reflecting widening economic woes.

Thu 2008-06-12 00:00 EDT

naked capitalism: How Big Traders Can Extract Excessive Profits

index roll congestion "date rape" by Goldman Sachs in the commodities market via GSCI (Goldman Sachs Commodities Index); 2007-02-07

big traders; Extract Excessive Profits; naked capitalism.

Mon 2008-03-31 00:00 EDT

Mish's Global Economic Trend Analysis: Who's Holding The Bag?

Buffett versus Greenspan on derivatives; "the development of credit derivatives has contributed to the stability of the banking system", or "rapidly growing trade in derivatives poses a "mega-catastrophic risk" for the economy"; 2007-07-04

bag; Mish's Global Economic Trend Analysis; S hold.

Mon 2007-09-17 00:00 EDT

Mish's Global Economic Trend Analysis: Fitch Discloses Its Fatally Flawed Rating Model

2007-07-13

Fatally Flawed Rating Model; Fitch disclosed; Mish's Global Economic Trend Analysis.

Tue 2007-08-28 00:00 EDT

Mish's Global Economic Trend Analysis: Quotes of the Day / Top Call

2007-07-10; Mish calls equity top!

day; Mish's Global Economic Trend Analysis; quote; Tops called.

Sun 2007-08-26 00:00 EDT

Doctor Housing Bubble Blog: Housing Minsky Moment: 3 Factors. Prime Contagion, Record Foreclosures, and Publicity.

2007-07-26

3-factor; Doctor Housing Bubble Blog; Housing Minsky Moment; Prime Contagion; public; Record Foreclosures.