Fri 2010-10-08 21:02 EDT

Kudlow Gets Into Foreclosuregate in [Market-Ticker]

...The REMICs - the foundational conduits for all this paper - are to a large degree defective. I bet some of Fannie and Freddie's are too. Many notes were not conveyed, and in the states where recordation is necessary, most of them weren't recorded either. Many of these original notes are known to be sitting with the originator, never endorsed over and in some cases shipped overseas or deliberately destroyed. For all intents and purposes they're gone, because once the MBS closes they can't be put in later on...

Foreclosuregate; Kudlow; Market Ticker.

Tue 2009-06-16 00:00 EDT

Goldman (and other banks') "Hedges" - The Market Ticker

bank; Goldman; Hedge; Market Ticker.

Fri 2009-05-08 00:00 EDT

Rebuttal To Mish: FRL - The Market Ticker

fractional reserve lending defended against claim of fraudulence; ``So long as the bank never lends out more unsecured than it has in excess capital, there has been no fraud. The instant the bank does so, it has committed fraud.'' ``Our failure is regulatory. It is against the law to commit fraud and yet we have refused to prosecute those who have claimed to be solvent when they are not. ''

FRL; Market Ticker; Mish; Rebuttal.

Tue 2009-04-21 00:00 EDT

On Speculation, Wall Street and Hedge Funds - The Market Ticker

``securitization is inherently a process of wealth-stripping'' ``the claim of "wealth creation" in any of this "financial product innovation" is a bald-faced lie.''

Hedge funds; Market Ticker; Speculators; Wall Street.

Tue 2009-04-21 00:00 EDT

Reserve Banking - The Market Ticker

defending fractional reserve banking

Market Ticker; Reserve banks.

Tue 2009-04-21 00:00 EDT

Followup: Reserve Banking - The Market Ticker

defending fractional reserve lending; ``leverage limits prevent excessive expansion of credit without interfering with the intermediation function''; propose to set regulatory capital limits as the inverse of leverage; transparency of asset valuations

followup; Market Ticker; Reserve banks.

Mon 2008-06-23 00:00 EDT

Did Bank Of America / CFC Write The Housing Bill? - The Market Ticker

America; bank; CFC Write; House bill; Market Ticker.

Fri 2008-03-28 00:00 EDT

Market Ticker: AA^2? Mayyyybe! Oh, And CDS Explosion, Part 2

2; AA; CDS Explosion; Market Ticker; Mayyyybe; Part 2.

Tue 2008-03-25 00:00 EDT

Market Ticker: The Insanity of Bear Stearns / JPM Continues

Bear Stearns; insane; JPM Continues; Market Ticker.

Mon 2008-03-10 00:00 EDT

Market Ticker: Pump Pump Pump Up The Goldman

(simple market timing signal suggested)

Goldman; Market Ticker; Pump Pump Pump.

Tue 2008-02-12 00:00 EST

Market Ticker: The Most Important Ticker You Will Read This Year - UPDATED

Market Ticker: The Most Important Ticker You Will Read This Year; "Fed has been aggressively draining the SOMA account, with the pace of that drainage stepping up precipitously since December"

Important Ticker; Market Ticker; reads; Update; years.