dimelab dimelab: shrinking the gap between talk and action.

ncreasing Topic in The Credit Debacle Catalog

ncreasingly desperate attempts (1).

Tue 2009-06-16 00:00 EDT

naked capitalism: Some Musings on Financial Innovation

Martin Mayer ``the whole purpose of the innovation is to get around the existing regulation''; John Maynard Keynes `` When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.'' Yves: ``ncreasing the liquidity of credit risk, even assuming it worked as advertised, seemed guaranteed to mean that everyone would be more casual about assuming it''

financial innovation; mused; naked capitalism.

Thu 2009-02-26 00:00 EST

Daily Kos: State of the Nation

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''

Daily Kos; nation; state.

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