• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

On The New York Fed's Editorial Influence Over The WSJ

Tyler Durden's picture

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Mon, 07/05/2010 - 21:45 | 453682 King_of_simpletons
King_of_simpletons's picture

Why go to NYFED when Rupert Murdoch owns WSJ.....WSJ is filled with propaganda these days...

Mon, 07/05/2010 - 21:47 | 453687 Testicular Cancer
Testicular Cancer's picture

He also owns Faux News. Hmmm?

Mon, 07/05/2010 - 22:29 | 453709 Buzz Fuzzel
Buzz Fuzzel's picture

I'm wondering how many of the mental midgets who use the term "Faux News" have ever watched more than 30 seconds worth of Fox News. 

Fox is more likely to pickup this story than any other so called news reporters.

Mon, 07/05/2010 - 22:34 | 453716 pan-the-ist
pan-the-ist's picture

Guess again.  Not if it casts news corps 'WSJ' in a bad light.

Mon, 07/05/2010 - 22:38 | 453724 Anarchist
Anarchist's picture

Mental midgets? Anyone who thinks Faux News is anything but the personal mouthpiece of Rupert Murdoch and his Kleptocratic cohorts is beyond stupid. The same for anyone who believes the corporate media in the US always acts in the best interest of the American public. You probably believe we are in Iraq and Afgahnistan to spread Democracy. That kind of stupid cannot be fixed.


Mon, 07/05/2010 - 23:09 | 453757 Muir
Muir's picture

"Fox is more likely to pickup this story than any other so called news reporters."




More likely (in order of likelihood)

1. Comedy Central

2. Bloomberg

3. PBS


Tue, 07/06/2010 - 00:31 | 453837 drwells
drwells's picture

Or Rolling Stone or the NY Post.

Tue, 07/06/2010 - 02:06 | 453913 jeff montanye
jeff montanye's picture

this, and homer below, remind me of the harvard study of the use of the word "torture" to describe  waterboarding as reported at the nyt and the washpo ("liberal" according to the benighted sector of the right).  for decades the practice was "torture" (when other nations did it).  as soon as the bush administration said we're doing it and it's not torture, the language changed to "harsh interrogation practices used since 9-11" or some such newspeak.  partisan politics is used to confuse and divide.

Tue, 07/06/2010 - 04:30 | 453950 Miles Kendig
Miles Kendig's picture

Jeff - It's just a dunk in the water according to deficits don't matter Dick Cheney and the aforementioned "news" organizations.. Most especially the Wall Street Urinal.

Tue, 07/06/2010 - 05:08 | 453960 UncleFurker
UncleFurker's picture

>Fox is more likely to pickup this story than any other so called news reporters.


Of course it is, dear. And I have a 14 inch cock.


Mon, 07/05/2010 - 23:02 | 453750 homersimpson
homersimpson's picture

Why is it you libbies call Fox News "Faux News" when all CNN/NBC/MTV/Comedy Central/(insert leftist news station here) does is just have a bunch of libbie blowhards constantly discuss news from a leftist point of view?


Mon, 07/05/2010 - 23:11 | 453760 Muir
Muir's picture


If it feels comfortable, let it fall where it may.

Mon, 07/05/2010 - 23:31 | 453788 CD
CD's picture

Please feel free to come up with derogatory/playful monikers for these as well. MSNBS/NBS/CNBS seems to be the term of choice for the peacock-logoed broadcasting phenomena here on ZH.

I think the broader point is that ALL mainstream outlets, be they left/right/"independent" are hopelessly beholden to and captured by the very entities/interests they are supposed to report on - at least to a certain extent. There are (generally individual journalist) exceptions, and there are degrees of capture (perhaps?), but the spin is ever-present. Fox is perhaps more obviously agenda-centric, but that may be a personal taste coupled with lack of exposure -- I only watch a few clips online here and there, my TV is strictly for DVD/VHS.

Tue, 07/06/2010 - 01:31 | 453887 Howard_Beale
Howard_Beale's picture

Frankly, I enjoy the BBC, CD. And they are more likely than anyone to pick up this story, but who cares?

This is not directed at you CD--this is for you newbies. Stop infighting like a bunch of kindergardeners with the lefty/righty/junking nonsense. Don't you get it? That's the illusion, the plan, the way to keep you under control. Once you accept that there is no left or right--only control--you will truly get off the FC porch.

You are captured if you are wasting your brain cells thinking about who will pick up the story, etc. Use what is left of your captured brain to think deeply about what is happening and the context of the post. If you don't, then TPTB have you right where they want you so you won't see the bigger picture. Divide and conquer. Perhaps Cognitive Dissonance will address this issue.


The story is what is important here. This is outfuckingstanding journalism.

Tue, 07/06/2010 - 08:32 | 454005 Rick64
Rick64's picture


Tue, 07/06/2010 - 09:37 | 454017 grunion
grunion's picture

A little too sanctimonious for a positive rating.

Mon, 07/05/2010 - 23:39 | 453792 UGrev
UGrev's picture

Well, shit. If I had known Comedy Central was THEEE place to get my daily data in the form of comedy over information... daaaaaaamn.. thanks guys!!  /end sarcasm




Tue, 07/06/2010 - 00:50 | 453863 suckapump
suckapump's picture

Heh heh. "Problematical."

Tue, 07/06/2010 - 03:18 | 453938 jeff montanye
jeff montanye's picture

i junked you by accident trying to click on your link.  sorry.

Tue, 07/06/2010 - 10:07 | 454080 The Rock
The Rock's picture

If you click it again he will be "un-junked"

Thu, 07/08/2010 - 00:35 | 457854 suckapump
suckapump's picture

No offense, but I was amused by the fact that someone junked your how-to-un-junk post. It's almost like getting a gold medallion with a picture of you with a gold medallion.

Mon, 07/05/2010 - 23:47 | 453805 Red Neck Repugnicant
Red Neck Repugnicant's picture

On the topic of Fox News, please give my opinion the respect and authority that it deserves. Fox News is like a bad-ass Camaro with flames stenciled on the side - you can't fuck with that sort of power. It cuts through, clarifies, takes no shit and separates the men from boys, like a Z28 ripping up the track.  Damn, I've got goose bumps just talking about that shit.  

The only news I watch is Fox News.  I'm a Christian conservative red neck, who doesn't want his news filtered through the liberal, homosexual, socialist agendas that one finds on NBC, CNN, and NPR.  If Fox News is a Camaro, those other stations are nothing but bitch-ass tricks, driving Civics with rainbow stickers on the back. 

I've been listening to the giants like Glenn Beck and Sean Hannity for the past two years, which in turn, has opened my eyes to the corruption that runs rampant throughout the Democratic party.  Graph after graph after graph on Beck's chalk-board has proven that Obama is a pagan, racist terrorist, who panders to the illegals and homosexuals (the only ones dumb enough to vote for him).  Obama has a socialist, grand plan to transform this country into a Mars-like colony where everyone is a homosexual, everyone is named Jose and everyone has insurance.  Try changing my name to Jose when you've got a shotgun pointed at your face, bitch!  

Obviously, I'm probably one of the smartest and most cultured (I wear Brut after-shave) posters on this forum, and I exclusively rely on Fox News for my opinions.  I don't know much about economics or that faggot named Keynes, but I know a lot about God, guns and various groups of people who aren't welcome in my backyard.  

That being said, Fox News fits my agenda.  

And another thing, if this country had a Republican in the White House, we'd never be in this mess.

Palin/Jesus 2012


Tue, 07/06/2010 - 00:02 | 453816 Jim_Rockford
Jim_Rockford's picture

If you people would spend half the time digging through the treasure trove of documents that Tyler hath provided linked goodness to instead of hurling insults at each other, we might all come together and teach the world to sing.  Now git to work dammit! 

  >>>CLICK HERE<<<

Tue, 07/06/2010 - 00:05 | 453819 Tyler Durden
Tyler Durden's picture

good places to start: 194933 and 195712

Tue, 07/06/2010 - 00:15 | 453828 CD
CD's picture

Far be it from me to shirk homework, but the structure is laid out by member names, and the gentlemen mentioned in the quoted emails are NOT in their respective folders. Could you mention keywords/names?

Tue, 07/06/2010 - 00:52 | 453866 CD
CD's picture

This was way over my head to start with, but R1-21553 (contained in folder for Sarah D.) is a printed version of a spreadsheet that seems to list a lot of AIG deals (CDS, TRS, 2a7) by counterparty, with the following details:


Position Number, Deal Name, Counterparty, Currency, Type, MS/Arb/RegCap/Other, Collateral Type, Current Balance, Date of call, Counterparty Call Amount (redacted in all but a few cases), Sept 20 AIG marks, Blackrock stress price (or average), Dollar loss with additional above points, Loss on termination, Incremental exposure if AIG is downgraded to BBB+, ATE Below X rating, Rating based ATE, .

Whoever archived it did not have a lot of experience with printing Excel, did not have time or possibly did not mind creating a jigsaw puzzle for whoever was looking at it.



Tue, 07/06/2010 - 00:32 | 453830 Jim_Rockford
Jim_Rockford's picture

I was looking through some emails and buried in one, there are tables of  the Maiden Lane III Purchase Price Schedule that take up 16 pages or so.  There are approximately 40 distinct CUSIP numbers on each page.  So out of the 500 or so CUSIP numbers, why is 4371 ODAD4 the only one that has it's associated data redacted?

Also, an interesting email exchange in which the french dude from SocGen is willing to hop on a plane and fly to NY on the weekend in order to sign.  Gee ya think?

Lots of wading but you can find that stuff here: http://documents.republicans.oversight.house.gov/SIGTARP-production/

then third sub directory: FRBNY production to S+

then :  emails and attachments part 2 of 5.pdf 

page 138 for the schedules

page 88 for the French connection

Tue, 07/06/2010 - 00:50 | 453865 lizzy36
lizzy36's picture

There might be a reason tyler told you to LOOK at those specfic emails. 

See what is contained therein.

Tue, 07/06/2010 - 01:03 | 453876 Jim_Rockford
Jim_Rockford's picture

Tyler tells me to do stuff but I ignore him.  I'm too busy listening to my neighbors' labrador retreiver.

Tue, 07/06/2010 - 01:17 | 453881 CD
CD's picture

[sigh] I cannot bring myself to take advantage of the opportunity presented here, but whoever does, RECORD IT plz.


Tue, 07/06/2010 - 01:45 | 453902 Jim_Rockford
Jim_Rockford's picture

Hilarious.  A Brooksley Born soundboard should drive Viniar batshit crazy.  You were right, the other number was for Turbo, not Friedman (bad doggy).  I wish I had all the numbers in Turbo's phone logs.  Could sell them to a DC Madam and retire in style (no offense to you Spitzer).

Tue, 07/06/2010 - 01:12 | 453885 Jim_Rockford
Jim_Rockford's picture

LOL ... TD you won't believe this but my neighbors' labrador retriever just whispered Vinier's home ph number in my ear.  Then the son of a bitch gave me Friedmans number too!

- High Five

Tue, 07/06/2010 - 01:27 | 453890 CD
CD's picture

Are you sure it wasn't Timmay's? BTW, you may want to keep hanging out with that retriever, it may have friends around the block who know... friends of the above fine gents.

Tue, 07/06/2010 - 02:02 | 453909 Cheeky Bastard
Cheeky Bastard's picture

Check your e-mails from Jul 3. 

Fri, 07/09/2010 - 17:17 | 454201 velobabe
velobabe's picture

Fri, 07/09/2010 - 17:18 | 455033 velobabe
velobabe's picture

I fought with my twin, that enemy within
’Til both of us fell by the way
Horseplay and disease is killing me by degrees
While the law looks the other way

b. dylan - II

this stays, maybe can help someone else be spared.

Tue, 07/06/2010 - 00:15 | 453827 lizzy36
lizzy36's picture

Well Palin/Jesus have my vote. 

IF and ONLY if Jesus shows to debate biden.  Then i am on board.

Tue, 07/06/2010 - 01:08 | 453878 Jim_Rockford
Jim_Rockford's picture

btw, aren't you Canadian eh?

Tue, 07/06/2010 - 04:42 | 453954 Miles Kendig
Miles Kendig's picture

and you work in southern Cal and live in a mobile estate..  right?  At least there can be no question as to where you garner your dollars...


Tue, 07/06/2010 - 00:33 | 453839 drwells
drwells's picture

Well done.

Tue, 07/06/2010 - 05:10 | 453953 Miles Kendig
Miles Kendig's picture

Still slopping the gerber eh homer?  The logo doesn't matter when the goal is disinformation and fracturing society to keep the heard moving as the oligarchs want.  Try a different flavor since you seem to be full of the "it's all THEIR fault" crap.  WE ALL are the society you deride since the copy at WSJ, NYT, FOX, CNN & CNBC is all written by the same folks who write for MTV's The Hills... and your favorite networks biggest cash cow.


Tue, 07/06/2010 - 06:33 | 453976 Cognitive Dissonance
Cognitive Dissonance's picture


Happy belated Zero Hedge one year anniversary. According to the ZH Gods, you are one ZH year old.

Happy birthday Miles.

Mon, 07/05/2010 - 21:46 | 453686 brushfire
brushfire's picture

this is fantasic journalism. thank you ZH.

Mon, 07/05/2010 - 22:32 | 453712 pan-the-ist
pan-the-ist's picture

Indeed.  A TD original and a fine example of why everyone here stays tuned.

Mon, 07/05/2010 - 22:35 | 453719 zaknick
zaknick's picture



ZH is THE site I get my biz/life info from; used to read FT and even the Alphaville team are drunk on that kool-aid.

Tue, 07/06/2010 - 08:11 | 453985 Scooby Dooby Doo
Scooby Dooby Doo's picture

Oh I don't know.... One day you're calling out the WSJ's connection to the Fed but on a previous day you try to convince the readership that Santelli is a superhero who has CNBC backed into a corner and has free will, "you can trust this guy. CNBC is good".

How about digging into CNBC's relationship to the Fed and how Immelt is also on the presidents recovery team responsible for pumping the story.

Half truth's, they'll keep you safe but still controversial(maybe they'll invite you to the club just to shut you up wink-wink). If I recall NYU Law School has a class devoted to the topic of "Silent Fraud", no? Did someone ace this class?


Mon, 07/05/2010 - 21:52 | 453688 Cistercian
Cistercian's picture

 Capture.Obey or lose access to the "insiders".

  Disgusting non commitment to what function the press is supposed to have.

 And this is rampant.

  Thank God for ZH and the other good journalists out there....until they are outlawed for national security reasons.


Tue, 07/06/2010 - 08:00 | 453999 trav7777
trav7777's picture

Personality journalism.

The faces and personalities are more important than the facts.  So, you have to have access to "high profile" people.  It's like you're measured by the size and prestige of your rolodex and press people worship who you know and rub elbows with.

If you want truth, you've got here, RT, and Al Jazeera.  Pains me to say this but the network of the terrrists has a higher veracity than US media.  The system here is a big social club.

I mean I got video of Tim Russert (RIP) putting my son up on the Nats' home dugout during the 7th inning stretch.  He was at the game with Jim Carville.  How impartial can a journalist be when he is off-screen buddies with a frequent commentator?  He's gonna nail his friend to the wall?

It's ALL fucking theatre.

Mon, 07/05/2010 - 22:06 | 453694 Overleveraged_a...
Overleveraged_and_Impatient's picture

This is great journalism indeed....

We've gotta figure out what we can actually "do" about all this instead of just be pissed off on a comment board.

I for one plan on leaving the country as soon as i get rich enough.

Mon, 07/05/2010 - 22:23 | 453707 illyia
illyia's picture

Good luck with that leaving the country thing.

You sound overleveraged.

It could take a while to sort that out...

Consider taking it to the streets, instead?

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