Wed 2008-06-18 00:00 EDT
naked capitalism: MBIA Refuses to Downstream Cash, Uses CDS Fears to Defy Regulators
Defy Regulators; Downstreams Cash; MBIA Refuses; naked capitalism; Uses CDS Fears.
Wed 2008-06-04 00:00 EDT
The Yellow Brick Road > How to price ABX.HE credit default swaps; shady banks using CDS insurance deals for cheap credit? "creditors are about to be duped twice"
Wed 2008-05-14 00:00 EDT
Tax assessors boggled by housing dip, by D. L. Bennett | ajc.com; "For less than the price of a decent used car, you can buy a home in Atlanta today."
Thu 2008-04-10 00:00 EDT
"investment banks are taking their hung leveraged buyout loans and bundling them into collatearlized loan obligations so they can use them as collateral for loans fromt the Fed"
Tue 2008-03-25 00:00 EDT
How ghosts vote on Bear Stearns, by Steven M. Davidioff - International Herald Tribune; "A class of stakeholders in Bear Stearns with economic interests that differ from the shareholders' can use derivatives to ensure that their needs are met. In the process, shareholders are left holding the nearly empty bag, and regulators are left shaking their heads."
Fri 2008-03-21 00:00 EDT
Thu 2008-03-20 00:00 EDT
Banana Methane Powered Cars; biogas; Oil Drum; Pig Poo Power; use.
Tue 2008-01-22 00:00 EST
by Elaine Meinel Supkis; "When Britain and France used the Long Depression to expand their empires, both Germany and the USA used this time frame to build rail roads, ports, navies, farms, factories and educational centers. As France and England denuded their home states to increase invasive military power that took in the raw resources of the world, their people got weaker and their incomes fell and they went hungry and in rags in slums or fled their homelands to the New Worlds."
Lone Ranger's Silver Bullet Rate Cuts Saves Markets; money matters.
Mon 2008-01-07 00:00 EST
by Elaine Meinel Supkis; "Thus is the inglorious end to globalization: the simultaneous attempt at kamikaze-inspired crashing of currencies into the flight decks of trade rivals."; Japanese use of forex reserves to weaken the yen caused the Asian currency crisis
Sat 2007-09-15 00:00 EDT
2007-09-03; "I don't believe it's possible or useful to make short-term market forecasts"; "problems for financials are just beginning"
2007; Financial; Hussman Funds; problem; September 3; weekly market comments.
Sat 2007-08-25 00:00 EDT
Katrina: Slow As Molasses, by Digby; Karl Rove used Katrina to capture Louisiana for Republicans | Campaign for America's Future
Sun 2007-07-01 00:00 EDT
Inflation of the nation -- it's there. By Justin Lahart; 2003-11-4; understating inflation; housing adjustments using "owners' equivalent rent"