Fri 2008-11-07 00:00 EST
``The impact from these central bank actions will will be close to zero...It was Keynesian foolishness that caused the housing bubble in the first place. Keynesian foolishness cannot possibly be the solution."
5; 50; BOE 1; cutting; ECB cuts; Mish's Global Economic Trend Analysis; Trichet Eyes.
Tue 2008-10-07 00:00 EDT
Sun 2008-08-24 00:00 EDT
Safehaven | The Elusive Bottom, by Merrill-Lynch economist David A. Rosenberg; predicting lengthy recession, secular bear market dating from 2000, eventual bullish indicators include savings rate above 8%, housing supply below 8 months, household interest coverage below 10.5%; frugality is in; bullish on bonds
Fri 2008-07-04 00:00 EDT
by Chris Hedges; "The popular media are courtiers...They are the smiley faces of a corporate state that has hijacked the government and is raping the nation."
5; AlterNet; makes; Real Journalists; years.
Thu 2008-07-03 00:00 EDT
Calculated Risk: Oppenheimer's Meredith Whitney: Merrill to Write Down $5.8 Billion
5; 8; Calculated Risk; Merrill; Oppenheimer's Whitney; writes.
Thu 2008-06-19 00:00 EDT
5; assets; Bloomberg; Investee Hedge Fund; Lehman sold; naked capitalism.
Tue 2008-06-17 00:00 EDT
27; 5; discount; Goldman Sells Dutch Buyout Loan; naked capitalism.
Fri 2008-06-06 00:00 EDT
5; Lehman; naked capitalism; security; talks.
Mon 2008-03-24 00:00 EDT
Fri 2008-03-21 00:00 EDT
Goldman level 3 assets rise about 9 billion; net income 1.5 billion
beat; Mish's Global Economic Trend Analysis; old-fashioned way; Street.
Fri 2008-02-22 00:00 EST
Between The Lines > Inside Bernanke's Brain - The Fed's Response To The Crisis, by Aaron Krowne; "Fed doesnt actually control rates, at least not directly. It only sets a TARGET"; "in times of great distress (as now), the rates can get away from the Feds grasp, and it becomes important to distinguish. Specifically, if the Fed were to try to force the funds rate up to the 4.5% target while they were naturally trading around 3%, they would actually have to WITHDRAW liquidity from the system, causing a catastrophic deflationary spiral."
