Tue 2009-06-16 00:00 EDT
Mish's Global Economic Trend Analysis: Close Look at the Accelerating Rate of Unemployment
accelerating rate; close look; Mish's Global Economic Trend Analysis; unemployment.
Satyajit Das's Blog - Fear & Loathing in Financial Products Tue 2009-06-16 00:00 EDT
Satyajit Das's Blog - Fear & Loathing in Financial Products: Credit Default Swaps - Through The Looking Glass; ``The specter of banks, some of whom have needed capital injections and liquidity support from governments to ensure their own survival, offering to insure other market participants against the risk of default of sovereign government (sometimes their own) is surreal.'' ``much of what passed for financial innovation was specifically designed to conceal risk, obfuscate investors and reduce transparency''
Credit Default Swap; fears; financial products; loath; Looking Glass; Satyajit Das's Blog.
Wed 2009-04-01 00:00 EDT
Michael Hudson: The Language of Looting. What "Nationalize the Banks" and the "Free Market" Really Mean in Today's Looking-Glass World
Thu 2009-02-26 00:00 EST
Chocolate Covered Cotton, by billmon; ``taking a look at how the stinking heap was created''; securitized lending morphing to fatal innovation, collateralized obligations; ``full nationalization still would be less expensive and messy than creating the kind of Potemkin markets the Geither plan seems to envision''; ``ncreasingly desperate attempts to maintain a phony façade of free markets and private enterprise, in an economy now utterly dependent on the federal safety net''
Tue 2009-02-24 00:00 EST
Jesse's Café Américain: Are We Ready to Try Market Capitalism? ``The pay structure on Wall Street looks less like a profit based enterprise and more like organized crime''
Tue 2008-10-07 00:00 EDT
``By pursuing a relentless mercantilist strategy, and becoming dependent on the US as a customer, it is sure to show lower growth as the US economy pulls back''
Mon 2008-07-14 00:00 EDT
by Micheal Lind; "contemporary America looks more and more like the South between the world wars that Jesse Helms wanted to preserve"
com; Dead; Jesse Helms; Salon.
Sun 2008-06-29 00:00 EDT
Winter (Economic & Market) Watch >> eCONomIc SpLiT pErSonaLiTy and NeutEnron Bombs; "the Boyz looked at Enron as the model, spliced and diced it, and then calculated new and better scams under the guise of financial innovation (blessed by buffoons and sycophants like Alan Greenspan and Ben Beranake) and non-public markets (OTC and derivatives) in which to create even larger financial smoke and mirrors in which to loot."
economic; eCONomIc SpLiT pErSonaLiTy; Market; NeutEnron Bombs; watch; winter.
Tue 2008-06-03 00:00 EDT
Mon 2008-05-05 00:00 EDT
Winter (Economic & Market) Watch >> CountryFried Whodathunk; looking inside CFC balance sheet; BAC poised to become biggest US property manager
Sat 2008-04-12 00:00 EDT
Hillary's Flimsy Case, by Matt Taibbi, Rolling Stone; Obama "running as a symbol of a new politics...But if it were to get out that he's not that...then he quickly morphs into a different kind of symbol, a symbol of how an essentially bankrupt political system can seamlessly repackage itself to a fed-up marketplace by making cosmetic changes, without altering its basic nature." "In American politics, always look for the worst possible scenario to emerge triumphant"
Mon 2008-03-31 00:00 EDT
"Financial firms can be regulated utilities that handle essential plumbing but bear little risk, or they can be aggressive risk-seekers looking to play every angle and milk every opportunity. They cannot be both."
Fri 2008-03-28 00:00 EDT
An inside look at a subprime lender's collapse, by Vikas Bajaj; auditor KPMG condoned and enabled improper and imprudent practices at busted lender New Century Financial - International Herald Tribune
International Herald Tribune; looking; subprime lender's collapse.
Thu 2001-11-15 00:00 EST
Austin, Texas, Firm Looks for Commercial Success in Artificial Intelligence