dimelab: WASHINGTON Topic in The Credit Debacle Catalog at Feed-Adept

WASHINGTON Topic in The Credit Debacle Catalog

The Economic Populist - Speak Your Mind 2 Cents at a Time Fri 2009-09-11 17:54 EDT

90% of Residential Loans U.S. taxpayer backed

Buried in a Washington Post article: 90 percent of all new home loans are funded or guaranteed by taxpayers...taxpayers are on the hook for most of the loans that are still being made if they go bad. And they are also on the line for any losses in the massive portfolios of old loans at Fannie Mae and Freddie Mac, which own or back more than $5 trillion in mortgages.

90; economic populist; Mind 2 Cents; Residential Loans U.S. taxpayer backed; speaking; Time.

The IRA Analyst Wed 2009-08-26 15:50 EDT

Washington Fiddles as Global Deflation Rages

The surprise facing Geithner, Bernanke et al is that by Q3, the true economic deterioration in many toxic assets will be clear for all to see. ``whatever relief that financial institutions and other residents of the hold-to-maturity world believe that they will receive through the modification of fair-value accounting and other official dispensation, they will lose through deteriorating economic fundamentals and falling cash flows supporting these assets as 2009 unfolds.''

Global Deflation Rages; IRA Analyst; Washington fiddles.

The IRA Analyst Fri 2009-07-24 00:00 EDT

The Institutional Risk Analyst: Mortgage Duration Risk: The Banks Are No Longer the Problem

``Washington has indeed fixed the solvency problems of the large zombie banks...by turning them into GSEs via FDIC guarantees on their debt.''

bank; Institutional Risk Analyst; IRA Analyst; longer; Mortgage Duration Risk; problem.

Tue 2009-06-16 00:00 EDT

Barron's Online

Shareholders Be Damned! by Alan Abelson; ``How the Washington gang brought Ken Lewis to heel and forced Bank of America to go through with its acquisition of loss-ridden Merrill Lynch. If everything's coming up roses, why are corporate insiders selling?''

Barron s online.

The IRA Analyst Thu 2009-06-11 00:00 EDT

The Institutional Risk Analyst: Credit Default Swaps and Too Big to Fail or Unwind: Interview With Ed Kane

Credit Default Swaps and Too Big to Fail or Unwind: Interview With Ed Kane; ``The whole basis of policy making in Washington today is that the taxpayer is a sucker who does not know how to defend him or her self against this kind of regulatory gambling.''

big; Credit Default Swap; Ed Kane; fail; Institutional Risk Analyst; interview; IRA Analyst; unwinds.

Wed 2009-04-01 00:00 EDT

Jesse's Café Américain: Weekend Reading: How Wall Street and Washington Are Betraying America

Betrayed America; Jesse's Café Américain; Wall Street; WASHINGTON; weekend reading.

Wed 2009-04-01 00:00 EDT

Truthdig - A Choice Between Peace and Peril

by Chris Hedges; ``Netanyahus assumption of power in Israel sets the stage for a huge campaign by the Israeli government, and its well-oiled lobby groups in Washington, to push us into a war with Iran''

choices; peace; peril; Truthdig.

Tue 2009-02-24 00:00 EST

Financial Coup d'Etat at The Catherine Austin Fitts Blog

Financial Coup d'Etat at The Catherine Austin Fitts Blog; Washington-Wall Street partnership engineered fraudulent housing and debt bubble, illegally shifted vast amounts of capital out of the U.S., and used privitization as a form of piracy

Catherine Austin Fitts Blog; financial coup d'etat.

Mon 2008-12-15 00:00 EST

Michael Hudson and Jeffrey Sommers: The End of the Washington Consensus

Counterpunch; ``Total private-sector markets (in practice, markets run by the banks and money managers) have shown themselves to be just as destructive, wasteful and corrupt and, indeed, centrally planned as those of totally statist governments from Stalin's Russia to Hitler's Germany.''

ending; Jeffrey Sommers; Michael Hudson; Washington Consensus.

Fri 2008-12-12 00:00 EST

Rubin, Paulson, Geithner a Familiar Trio at Heart of Citigroup Bailout

by David Cho and Neil Irwin, Washington Post

Citigroup Bailout; Familiar Trio; Geithner; heart; Paulson; Rubin.

Fri 2008-11-07 00:00 EST

Jesse's Café Américain: Europe and Asia Seek a Consensus Ahead of Washington Meeting

Jesse's Café Américain: Europe and Asia Seek a Consensus Ahead of Washington Meeting; 2008-10-24; dollar losing reserve status

Asia Seek; consensus; Europe; Jesse's Café Américain; Washington Meeting.

Tue 2008-10-07 00:00 EDT

James K. Galbraith - A Bailout We Don't Need

(Washington Post)

Bailout; James K. Galbraith; needed.

Tue 2008-10-07 00:00 EDT

James Grant - Bad Medicine

(Washington Post); ``Low interest rates, easy money and malleable accounting rules are what plunged Wall Street into crisis. Yet it is low interest rates, easy money and malleable accounting rules that top the list of federal fixes''

Bad Medicine; James Grant.

Wed 2008-08-06 00:00 EDT

Winter (Economic & Market) Watch >> An Examination of WaMu

Winter (Economic & Market) Watch >> An Examination of WaMu; Washington Mutual

economic; examiner; Market; WaMu; watch; winter.

Mon 2008-07-21 00:00 EDT

McClatchy Washington Bureau | 07/19/2008 | Commercial bankruptcies soar, reflecting widening economic woes

by Tony Pugh

07/19/2008; Commercial bankruptcies soar; McClatchy Washington Bureau; reflecting widening economic woes.

Tue 2006-11-28 00:00 EST

Washington Post

Science a la Joe Camel, by Laurie David; National Science Teacher Association declines "An Inconvenient Truth" to protect oil industry funding

Washington Post.