Wed 2008-04-02 00:00 EDT
naked capitalism: On De Long's Objections to My Critique of Summers/De Long Thesis
critique; De Long's Objections; naked capitalism; Summers/De Long Thesis.
Wed 2008-04-02 00:00 EDT
Generation Squeeb: Barack Obama's Reverend Wright controversy, and America's squid-heart, by Matt Taibbi
America's squid-heart; Barack Obama's Reverend Wright controversy; Generation Squeeb.
Tue 2008-04-01 00:00 EDT
Jesse's Café Américain: The Paulson Plan: a Foray into a Financial Iraq; "When you have a massive failure in a critical system, you do not go to those on whose watch it occurred...and ask them what should be done to fix the system so it doesn't happen again"
Financial Iraq; foray; Jesse's Café Américain; Paulson plans.
Tue 2008-04-01 00:00 EDT
SPIEGEL ONLINE - Druckversion - US Financial Crisis: Why the Paulson Plan is DOA, by BusinessWeek chief economist Mike Mandel - International; "Paulson's plan only works in a fictional world where investment banks properly regulate themselves"
DOA; Druckversion; Financial Crisis; International; Paulson plans; Spiegel Online.
Mon 2008-03-31 00:00 EDT
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
Mon 2008-03-31 00:00 EDT
recap of the credit implosion, blame laid on Congress, GSEs, SEC, and especially the Fed
Fri 2008-03-28 00:00 EDT
naked capitalism: "India's love affair with gold tarnishing"
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.
Fri 2008-03-28 00:00 EDT
by Matt Taibbi; "A society at peace with itself wouldn't have reacted in the way it did to the partly true/partly crazy remarks of Obama's former pastor."
AlterNet; Deeply Insecure Side; panicky; Wright Controversy Revealed America's Gutless.
Fri 2008-03-28 00:00 EDT
The Wall Street Examiner >> Weekend At Benny's; "Primary Dealers and most big banks are already dead. The Fed is just keeping them on life support and manipulating the limbs and torso."
Wed 2008-03-26 00:00 EDT
Winter (Economic & Market) Watch >> Rebuttal of GaveKal's Bully "Wealth & Platform Theory"; platform companies "outsource American jobs to safe production locales like China and Thailand, who then pollute the global environment and fail to account for the negative externalities (true costs) of their production...the peculiar slash and burn notion that the US can just eat its young by outsourcing jobs to foreign polluters, while failing to invest in capex and just merrily borrowing from foreigners against its Bubble induced wealth."; 2006-12-26
economic; GaveKal's Bully; Market; Platform Theory; Rebuttal; watch; wealth; winter.
Wed 2008-03-26 00:00 EDT
Barack Obama's Smart Speech "A More Perfect Union": Did It Reveal Him To Be Too Intellectual To Be President? by John Dean | The Smirking Chimp; "Republicans have spent the past half century dumbing-down the American presidency, for it has helped them win the White House"; "Anti-intellectual Republican presidents have led this nation into a new age of unreason"
Barack Obama's Smart Speech; intellectual; Perfect Union; President; revealed; Smirking Chimp.