Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Five Critical Decisions Leading to Our Financial Crisis: Joe Stiglitz Presents His Analysis; Joseph E. Stiglitz
Analysis; Critical Decisions Leading; Financial Crisis; Jesse's Café Américain; Joe Stiglitz Presents.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Did the New Deal Fail? ``The New Deal was so "ineffective" that the Fed panicked and doubled reserve requirements in a draconian pre-emptive response because they feared inflation!'' ''In a fiat regime inflation and deflation are primarily...the end result of a series of policy, fiscal, and political decisions.''
Thu 2009-01-15 00:00 EST
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Is the Fed Taking the First Steps to Selective Default and Devaluation?
devalued; Fed Takes; Jesse's Café Américain; selective default; step.
Thu 2009-01-15 00:00 EST
Lower; naked capitalism; Tobin's Q Ratio Says Equity Bottom.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Former NASDAQ Chairman Charged in $50 Billion Ponzi Scheme; Bernard L. Madoff
50; Jesse's Café Américain; NASDAQ Chairman Charged; Ponzi Scheme.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Are Markets Naturally Efficient? Are All People Naturally Rational and Good?
good; Jesse's Café Américain; Markets Naturally Efficient; People Naturally Rational.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Goldman Sachs Offshores Its Profits and Reduces Its Taxes to 1%; ``globalization has become just another enabler, wherein multinational financial corporations can play a larger set of jurisdictions and peoples against one another for the benefit of an elite minority.''
1; Goldman Sachs Offshores; Jesse's Café Américain; profits; reduce; tax.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: AIG Has Another $30 to $200 Billion in Uncovered Losses to be Bailed Out
200; 30; AIG; bailed; Jesse's Café Américain; Uncovered Losses.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Moscow Memories of 1997; Adam Fergusson's When Money Dies: The Nightmare of the Weimar Collapse; currency collapse
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Too Big to Fail, Too Well-Connected to Jail: The Economic Underworld of Bankruptcy for Profit; ``Bankruptcy for profit will occur if poor accounting, lax regulation, or low penalties for abuse give owners an incentive to pay themselves more than their firms are worth and then default on their debt obligations.'' Akerlof and Romer; Yves Smith
bankruptcy; big; Economic Underworld; fail; jailed; Jesse's Café Américain; profits; well connections.
Thu 2009-01-15 00:00 EST
GSE Nation: Interview with Robert Feinberg; The Institutional Risk Analyst (IRA); 2008-03-17; ``the government-sponsored entity or "GSE" is now the preferred business model in the US'' ``public policy has been replaced by public relations in this country. Our leaders don't get told what they don't want to hear because the spin machine let's them pick up the Wall Street Journal and read what they want to read because it was placed by the PR firm hired by the banks or the GSEs for that purpose.''
GSE nationalization; Institutional Risk Analyst; interview; Robert Feinberg.
