Blogs

The Mortgage Bankers Association went public with their recommendations for the mortgage industry. They want to pretend that nothing went wrong the last five years. In my view their proposal is dead on arrival.

Over a lifetime, active investors will make hundreds, often thousands of investment decisions. Not all of those decisions will work out for the better. Some will lose and some will make us money. As humans we tend to focus on the outcome of the decision rather than on the process.

Last night Zero Hedge obtained some interesting documents from the CDC web site. They contain blank 'forced quarantine' orders from Iowa and Florida regarding novel H1N1 -- including forced quarantine to a 'secure detention center'.

My advice to the U.S. pay czar is to leave Nancy Everett and her team alone. Unlike the senior managers at most of Canada's large public pension funds, the folks at Promark Global Advisors earned their compensation by not following the herd, realizing the beauty of bonds, and by focusing on preservation of capital.

After I looked at the data from 1900 to 2008, it is safe to conclude that September historically was the worst month for investors, period.

A proposal to swap Agency Preferred shares for repossessed properties owned by the D.C. lenders. This plan could work. Everyone wins. What do you think?

Provincial finance ministers should conduct a thorough performance, operational and fraud audit using independent industry experts on every major public pension fund in Canada. Some of these funds are hiding much more than others, but they all have secrets they want to keep from the public and they all game their private market benchmarks to reap big bonuses at the end of their fiscal year.

Electricity was not the only economic statistic not controlled / calculated by the Chinese government that showed that the 6% plus GDP growth in the first six months of 2009 (at a time when the global economy was sliding off the cliff) was an accounting miracle.

Six reasons why natural gas is better investment than oil

A respected Swiss publication puts a number on the size of Black accounts. $1 Trillion. Far more than anyone has suggested so far. Where did all this dirty money come from? The recent resolution with UBS is just the tip of this iceberg.

Project Mayhem reviews the most important financial and geopolitical news of the past week and takes a look at the week ahead.

Was the invasion of Iraq intended to create a new pawn on the global chessboard, one that could be used to place the Chinese king in check? The Iraqi oil reserves were meant to be a means to an end, not an end in themselves.

This should be another time saving moment for our readers as we measure several levels of investor sentiment with one unique indicator.

Pickens: Oil Will Reach $300 a Barrel
"Oil legend T. Boone Pickens, now CEO of BP Capital, says oil prices will continue to rise… So, 10 years from now, the price of oil could well be $300.”

Japan's ruling party for the past 50 years is set to lose the elections tomorrow. The opposition has threatened to demand payment from the United States in yen.