TARP

Tyler Durden's picture

The Debate: GOP Candidates Elevated, CNBC Eviscerated





On Wednesday morning a new national poll revealed that 54% of Americans rate the economy as 'poor', but instead of focusing oin that, Becky Quick quizzed Marco Rubio about his 'lack of bookkeeping skills,' Carl Quintanilla posed questions about homosexuality and fantasy football, and the astonishingly incompetent John Harwood expressed doubt about Donald Trump's 'moral authority.' The interaction between the candidates and the CNBC moderators revealed the yawning gap between the bubble world at the intersection of Washington and Wall Street and the hard scrabble reality of economic stagnation and political alienation on main street America.

 
Tyler Durden's picture

'Untouchables': Obama Cronies "Protected Wall Street's Most Criminal From Prosecution"





Impunity has been the norm. The reason there have been no efforts made to criminally investigate is obvious. Former banking regulator and current securities Professor Bill Black told Bill Moyers  that "Timothy Geithner, then Secretary of the Treasury, and others in the administration, with the banks, are engaged in a cover up to keep us from knowing what went wrong."

 
Tyler Durden's picture

Icelandic Bankers Are Not Too Big To Jail: Face 74 Years In Prison As US Bankers Bask In Bailouts





Like medical chemotherapy, Iceland's economic chemotherapy was horrible, but the cancer of debt-deflation was eradicated and the system made whole.

 
Tyler Durden's picture

Wholesale Money Markets Are Broken: Ignore "Perverted" Swap Spreads At Your Own Peril





At the height of the financial crisis, the unprecedented decline in swap rates below Treasury yields was seen as an anomaly. The phenomenon is now widespread, as Bloomberg notes, what Fabozzi's bible of swap-pricing calls a "perversion" is now the rule all the way from 30Y to 2Y maturities. As one analyst notes, historical interpretations of this have been destroyed and if the flip to negative spreads persists, it would signal that its roots are in a combination of regulators’ efforts to head off another financial crisis, China selling pressure (and its impact on repo markets) and "broken" wholesale money-markets.

 
Tyler Durden's picture

When Doves Cry: Bedeviled By Dollar "Dilemma", Trapped Fed Faces FX Catch-22





"When central bankers start talking like FX strategists, it can signal something important"...

 
Tyler Durden's picture

The Real Reasons Why The Fed Will Hike Interest Rates





With a complex and disaster-prone system of interdependence causing social strife and chaos, why not just simplify everything with a global currency and perhaps even global governance? The elites will squeeze the collapse for all it’s worth if they can, and a Fed rate hike may be exactly what they need to begin the final descent.

 
Tyler Durden's picture

Analyst Who Said "Buy Lehman" 20 Days Before Its Collapse Is Now On The Financial Stability Oversight Council





Seven years ago today, Lehman Brothers failed. But it is what took place just over two weeks prior that is of interest for the scope of this article.

 
Tyler Durden's picture

America - Good, Bad Or Ugly? Part 1: The Bad





This nation has become a land where character and integrity are secondary to profits for the few and self serving interests of the powerful.  And as we are seeing already for the third time in this millennium’s infancy, stability and prosperity can be but short lived for even the highest paid CEO’s in such a world.

 
Tyler Durden's picture

Guest Post: The Donald Exposed (A Reality Check For Trumpeteers)





It’s all emotional bullshit because what one hardly ever reads about from these Trumpeteer Marionettes is an actual discussion about Trump on the issues. It’s more important to squeeze out yet another orgasmic fountain of joy because he threw out some Univision reporter; “Oh, look! Isn’t zee Donald just Wunderbar!!” Screw that. So, let’s look at what The Donald believes... by his own words.

 
Tyler Durden's picture

Why The Bear Of 2015 Is Different From The Bear Of 2008





Are there any conditions now that are actually better than those of 2008? Or are conditions now less resilient, more fragile and more dependent on unprecedented central bank interventions?

 
Tyler Durden's picture

The Oligarch Recovery - Renting In America Is Most Expensive Ever





Characterizing the upward transfer of virtually all American wealth to a handful of oligarchs a “recovery,” represents a grotesque insult to the english language as well as common sense. The writing was on the wall from the very beginning. We knew as soon as TARP passed that we as society would regret the day we bailed out the bankers who destroyed the world economy. It didn’t take long.

 
Secular Investor's picture

‘My Bailout Is Bigger Than Yours’ – China Is Buying More Time To Buy More Gold Before Joining The SDR-basket





China: "I wish that I could be like the cool kids. 'Cause all the cool kids, they seem to fit in."

 
Tyler Durden's picture

Economic Reality Now Catching Up To Market Fantasy





In a murky world of market fantasy, our first guideposts are the fundamentals themselves. Supply and demand can be misrepresented for a time through manipulated statistics, but the tangible effects of decline cannot be. Our secondary guideposts are the paths that internationalists and central banks bulldoze through the fiscal forest. To anyone with any sense, the endgame is clear: Total centralization is the goal, and economic fear is the tool they hope to use to get there. We have written on numerous solutions to this threat in past articles; but the first and most important action is for each of us to acknowledge, wholeheartedly, that the system we know is ending. It is over. What replaces that system will either be up to us or up to them. Only by admitting that there is an end to the fantasy, a painful end, will we then be able to help determine our future reality.

 
Tyler Durden's picture

China Spends 10% Of GDP On "All Bark, No Bite" Stock Bailout





"Public statements, media reports and market data reveal that Beijing unleashed 5 trillion yuan in funds - equivalent to nearly 10 percent of China's GDP in 2014 and greater than the 4 trillion yuan it committed in response to the global financial crisis - to calm a savage share sell-off. Beijing has thus produced the equivalent of around 1 index point gain for every $1 billion committed," Reuters reports.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!