Archive - 2012 - Blog entry
January 30th
Fannie Mae, Freddie Mac Shown as Mortgage Market Predators
Submitted by rcwhalen on 01/30/2012 14:27 -0500This morning, NPR and ProPublica, began reporting on financial transactions at Freddie Mac that bet against homeowner refinancing with their portfolio.
How to Prepare For the Coming Global "Write Off" on Social Programs and Government Outlays
Submitted by Phoenix Capital Research on 01/30/2012 14:14 -0500
To picture how a cutback in social programs will impact the US populace, consider that in 2011, 48% of Americans lived in a household in which at least one member received some kind of Government benefit. Over 45 million Americans currently receive food stamps. And 43% of Americans aged 65-74 are Medicare beneficiaries. Consider the impact that even a 10% reduction in these various programs would have on the US populace.
News That Matters
Submitted by thetrader on 01/30/2012 09:46 -0500- Bank Index
- Bank of America
- Bank of America
- Bank of England
- Barack Obama
- Barclays
- Bond
- China
- Core CPI
- CPI
- Credit Crisis
- Credit-Default Swaps
- Creditors
- Crude
- Davos
- default
- Dow Jones Industrial Average
- European Central Bank
- European Union
- Eurozone
- Florida
- George Papandreou
- Global Economy
- goldman sachs
- Goldman Sachs
- Great Depression
- Greece
- Gross Domestic Product
- Guest Post
- Hong Kong
- Housing Market
- India
- International Monetary Fund
- Iran
- Italy
- Japan
- JPMorgan Chase
- Market Sentiment
- Markit
- Monetary Policy
- Morgan Stanley
- Natural Gas
- New Zealand
- Newspaper
- Nicolas Sarkozy
- Nikkei
- Quantitative Easing
- ratings
- Real estate
- Recession
- recovery
- Reuters
- Sovereign Debt
- Switzerland
- Unemployment
- Wall Street Journal
- Wen Jiabao
- Yuan
All you need to read.
Guaranteed Returns: John Paulson and the 92nd Street Y
Submitted by rcwhalen on 01/30/2012 08:49 -0500Indeed,under US securities law and FINRA rules, it is unlawful and a violation of professional ethics for a registered person or investment advisor to guarantee investment results for any client.
Pushing Non-Official Holders of Local-Issued European Debt into Subordination
Submitted by ilene on 01/30/2012 03:18 -0500Both the ECB and the Fed are accepting poorer and poorer sludge and collateral to back various liquidity schemes.
Entering the Debt Dimension
Submitted by ilene on 01/30/2012 00:00 -0500- Belgium
- Ben Bernanke
- Ben Bernanke
- Bill Gross
- Bond
- Carry Trade
- Central Banks
- Corruption
- Creditors
- default
- European Union
- Eurozone
- Fitch
- Germany
- Greece
- Insurance Companies
- International Monetary Fund
- Ireland
- Italy
- MF Global
- Monetary Policy
- PIMCO
- Quantitative Easing
- recovery
- Reuters
- Simon Johnson
- Sovereign Debt
- Tyler Durden
- Volatility
- Withholding taxes
You've just crossed over...
January 29th
ACTA: “Would Usurp Congressional Authority”, "Threatens Numerous Public Interests", a "Backroom Special Interest Deal"
Submitted by George Washington on 01/29/2012 23:44 -0500Unconstitutional ... in any language.
Germany Frets As Bailouts And Risks Balloon
Submitted by testosteronepit on 01/29/2012 18:43 -0500Merkel warned that Germany might be overwhelmed by its bailout efforts—a reluctance that turned Germany into a punching bag. Yet risks are staggering.
Creative Destruction: US Bancorp Buys Failed Institution in TN
Submitted by rcwhalen on 01/29/2012 17:08 -0500On Friday the FDIC reminded us that the banking crisis continues, closing and selling several institutions in arranged transactions. This may seem gloomy news, but please note that the shareholders of the acquiring institutions just made a lot of money.
FaReWeLL To SoVeReiGNTY..
Submitted by williambanzai7 on 01/29/2012 13:27 -0500Who is culpable, the evil diabolical chef or the insatiable glutton?
Obama Bluffs on ReFi?
Submitted by Bruce Krasting on 01/29/2012 09:49 -0500History is repeating itself, again.
January 27th
Largest Central Banks Now Hold Over 15 Trillion in Fictitious Capital
Submitted by ilene on 01/27/2012 23:50 -0500A strong yen strikes again.
Abysmal news for Greek Bonds and Debt Swap Negotiations
Submitted by testosteronepit on 01/27/2012 22:04 -0500German individual investors are gobbling up Greek sovereign bonds!
DAVOS 2012: WoRLD PoNZiNoMiC SuMMiT C0MMeMoRaTiVe FeBRuaRY CaLeNDaR (THe GReaT PoNZiNaMi)
Submitted by williambanzai7 on 01/27/2012 14:54 -0500The Davos class run our major institutions, know exactly what they want, and are well organized, but they have weaknesses too. For they are wedded to an ideology that isn't working and they have virtually no ideas nor imagination to resolve this.--Susan George
