Archive - Apr 15, 2011 - Blog entry
Krugman – “I’ll spin it my way”
Submitted by Bruce Krasting on 04/15/2011 17:33 -0500Everybody spins. Including Nobel economists.
Killing the Unborn ... With Radiation
Submitted by George Washington on 04/15/2011 15:16 -0500You want to protect the unborn? Read this ...
Fickle Friday - Google Goes Down as Costs Inflate
Submitted by ilene on 04/15/2011 14:10 -0500There are many ways this can end badly and only a few it can end well.
Did Federal Banking Regulators Inadvertently Expose Massive Mortgage Backed Securities Fraud as Part of Fraudclosure Investigation?
Submitted by 4closureFraud on 04/15/2011 13:27 -0500FROM PAGE 3 OF THE INTERAGENCY REPORT: "The reviews also showed that servicers possessed original notes and mortgages."
AnD NoW FoR A BRieF ReBuTTaL FRoM GoLDMaN SQuiD
Submitted by williambanzai7 on 04/15/2011 13:21 -0500Justice for all Squids...
Inviting anarchy, but does anyone care?
Submitted by ilene on 04/15/2011 13:17 -0500Self-dealing, conflicts of interest, favoritism and arguably fraudulent conduct are not unique to the treatment of auction rate securities during the economic collapse of 2008, for these qualities can be found in everything the Fed touches. But ARSs are one blatant example hardly anyone talks about.
America Is a "Failed State" with a "Dual Justice System ... One for Ordinary People and then One for People with Money and Enormous Wealth and Power"
Submitted by George Washington on 04/15/2011 12:43 -0500Other than that, everything is great!
FHFA on RE Market - "No Upside"
Submitted by Bruce Krasting on 04/15/2011 10:16 -0500Would you qualify for a QRM? I think few will.
It Should Be Obvious To Many That The Risk Of Defaulting Sovereign Bonds Can Spark A European Banking Crisis
Submitted by Reggie Middleton on 04/15/2011 09:27 -0500I’m fresh back from my trip to Amsterdam where I lectured hundreds of ING institutional clients/staff on the potential of a European banking collapse. Below are a few clips from the first of two lectures. The admonitions look to be quite timely as Greek spreads to Bunds break the millenium mark and head to the North Star. For those who haven't connected the dots, these bonds are held on many EU bank balance sheets as risk free in the hold to maturity category, and are levered up many, many times. Who's larger, the peripheral EU states or Lehman Brothers?
The 15 Best and 15 Worst Mining Jurisdictions in the World
Submitted by smartknowledgeu on 04/15/2011 05:38 -0500One should expect to consider political risk as a much greater part of the equation when investing in mining stocks in coming years. So where are the riskiest mining jurisdictions in the world and where are the safest?
Roubini: ECB Interest Rate @ 3% in 2012
Submitted by Smart Money Europe on 04/15/2011 02:47 -0500There goes the European neighbourhood...
On THiS DaY iN 2012 (UPDATED: Jamie drew Blythe)
Submitted by williambanzai7 on 04/15/2011 01:57 -0500Oh it will be said when the Great Ship goes down...
As Always, New Claims For Unemployment Claim the Economy Still Sucks
Submitted by MoneyMcbags on 04/15/2011 01:42 -0500The market rallied a bit in the afternoon as rising new claims for unemployment missed analyst guesses by...
