Thu 2009-05-07 00:00 EDT
non-governmental regulator Financial Industry Regulatory Authority (FINRA) pre-sold auction rate securities shortly before bottom fell out; current SEC head Mary Schapiro formerly FINRA head
Investors; naked capitalism; officials; Securities Industry Regulator Takes Care; Self.
Tue 2009-04-21 00:00 EDT
``GM bondholders are probably wondering why they need to take a haircut on their bonds when the counterparties of Bear Sterns, Lehman, and AIG are being made whole at par after investing in far riskier securities''
Wed 2009-04-01 00:00 EDT
by Joseph Stiglitz, The Nation
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''
Thu 2009-02-26 00:00 EST
-- ETF distorting markets, raising doubts of front-month contract's viability as a hedging instrument; ETF taking NAV loss every time it rolls
blogs Archive; FT Alphaville; United States Oil Fund mystery.
Fri 2009-01-16 00:00 EST
Jesse's Café Américain: Chicago Fed Says Take Interest Rates "Below Zero" and Monetize Debt (to Devalue Dollar); quantitative easing
Chicago Fed Says Take Interest Rates; devalued dollar; Jesse's Café Américain; Monetize Debt; zero.
Fri 2009-01-16 00:00 EST
``I am distressed with the many and varied forms of dishonest that take place routinely in our culture...I believe that it is commercial speech that has fostered a willingness to cut corners with the truth.''
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.
Tue 2009-01-06 00:00 EST
Jesse's Café Américain: US Treasuries and our Horribly Distorted International Currency Exchange Mechanism; ``The key to recovery is the median real hourly wage, not the further expansion of credit and the perpetuation of an economic system based on an inefficient drag on economic growth by percentage-taking banks and rent-seeking elites who add little or no productive value.''; James Grant: Insight: Return-free risk
Horribly Distorted International Currency Exchange Mechanism; Jesse's Café Américain; Treasury.
Fri 2008-11-07 00:00 EST
Jesse's Café Américain: Escape Velocity: Take it to the Limit One More Time Like Its 1933; Fed boosting monetary base to record levels
1933; escape velocity; Jesse's Café Américain; limit; take; Time.
Tue 2008-10-07 00:00 EDT
Tue 2008-10-07 00:00 EDT
