Monthly Archives: September 2007

September 30, 2007

• Unions on the Rise?
  by Yves Smith 11:39 pm

• Some Hope for the Dollar?
  by Yves Smith 11:05 pm

• The Real Problem With Stated Income Loans
  by Yves Smith 11:04 pm

• UBS: Latest Credit Market Casualty
  by Yves Smith 11:02 pm

• Credit Markets Still Shaky (And Don’t Think It Doesn’t Matter)
  by Yves Smith 1:53 am

• Countrywide’s Sham Borrower Rescue Programs
  by Yves Smith 1:10 am

September 29, 2007

• IBM Seeking Patent for Outsourcing
  by Yves Smith 2:44 pm

• Why So Little Focus on the Unwinding of Global Imbalances?
  by Yves Smith 2:58 am

• The Brazenness of Big Pharma
  by Yves Smith 1:28 am

September 28, 2007

• Money Markets Still Fragile
  by Yves Smith 11:01 pm

• Some Money Market Funds Have Large Subprime CDO Holdings
  by Yves Smith 3:02 pm

• Bear Stearns Not Talking to Suitors After All
  by Yves Smith 2:29 pm

• Apple Asks for a Class Action Lawsuit
  by Yves Smith 1:42 pm

• British Scientists Push Idea of Ocean Burial of CO2
  by Yves Smith 11:27 am

• Proposal to Break Up Rating Agencies
  by Yves Smith 2:50 am

September 27, 2007

• Housing Market Continues to Deteriorate
  by Yves Smith 11:32 am

• I May Be Proven Wrong (Bear Stearns Edition)
  by Yves Smith 12:53 am

• Recession Sighting: Build Your Cash Horde
  by Yves Smith 12:48 am

• What is Wrong With Vonage’s Attorneys?
  by Yves Smith 12:08 am

September 26, 2007

• CIOs: Outsourcing is Overrated as a Cost Saver
  by Yves Smith 9:55 pm

• Rating Agency Lies!
  by Yves Smith 2:31 pm

• Bank of England Auction Attracts No Bids
  by Yves Smith 12:25 pm

• Charles Plosser, the Fed’s Inflation Hawk
  by Yves Smith 12:51 am

September 25, 2007

• Nouriel Roubini, Optimist
  by Yves Smith 3:49 pm

• Does Apple Policy on iPhone Unlocks Violate Magnuson-Moss Warranty Act?
  by Yves Smith 3:45 pm

• The ECB’s Mixed Views on Inflation vs. the Dollar
  by Yves Smith 3:41 pm

• Morgan Stanley Sued for Redlining
  by Yves Smith 1:31 am

September 24, 2007

• Outsourcing, Outsourced
  by Yves Smith 11:52 pm

• Dizard on the Uses and Misuses of Financial Models
  by Yves Smith 11:01 pm

• IMF, Rogers vs. Goldman on Financial Stability
  by Yves Smith 11:55 am

• The Truth About Free Trade: Small Net Gain, Big Redistribution
  by Yves Smith 1:15 am

September 23, 2007

• Wal-Mart as Carbon Enforcer?
  by Yves Smith 11:56 pm

• Market Predictions: More Interest Rate Cuts, Sustained Housing Price Declines
  by Yves Smith 8:59 pm

• Nursing Home Cost Cuts: A Private Equity Microcosm?
  by Yves Smith 11:32 am

September 21, 2007

• Martin Wolf: Banks Hold Central Bankers Hostage
  by Yves Smith 11:43 am

• Blackstone Lobbying Efforts Backfiring
  by Yves Smith 12:35 am

September 20, 2007

• Rate Cut Gives Little Relief to Commercial Paper Market
  by Yves Smith 11:11 pm

• Standard & Poor’s: Corporate Defaults Set to Rise
  by Yves Smith 8:22 pm

• Internet Displacing Sex and Friends in US
  by Yves Smith 8:24 am

• Has the Repudiation of the Dollar Begun?
  by Yves Smith 1:29 am

• China Launches Price Freeze
  by Yves Smith 12:45 am

September 19, 2007

• Fed Policy Too Expansive on Its Own Terms
  by Yves Smith 11:31 pm

• Bernanke’s Bind
  by Yves Smith 2:42 am

• Consumer Debt Likely to Become a Negative for Economy
  by Yves Smith 2:40 am

• Northern Rock: How a Non-Systemic Risk Led to a "Systemically Important Event"
  by Yves Smith 1:55 am

• Goldman’s Empty Promises
  by Yves Smith 1:20 am

• Hopeful Media Indicator (Financial Times Edition)
  by Yves Smith 12:04 am

September 18, 2007

• US Residential Foreclosure Notices Doubled in August
  by Yves Smith 6:08 am

• Paulson Opposed to "Hasty" New Regulations
  by Yves Smith 1:00 am

September 17, 2007

• Shopping for Currency Appraisals (Yuan Edition)
  by Yves Smith 11:25 pm

• Status and Clothes Lines: An International Comparison
  by Yves Smith 11:01 pm

• "Man dead after online gaming binge"
  by Yves Smith 8:56 pm

• Hedgies Hoist on the New Bankruptcy Law Petard?
  by Yves Smith 11:40 am

• UK Overnight Rates Spike Up on Northern Rock Worries
  by Yves Smith 11:07 am

• Microsoft Loses European Antitrust Appeal, Fined $689 Million
  by Yves Smith 9:54 am

• The Journal Tells Us Now A Rate Cut Will Have Little Impact?
  by Yves Smith 12:55 am

September 16, 2007

• Krugman Savages Greenspan’s Revisionist History
  by Yves Smith 11:30 pm

• Northern Rock: Assessing the Damage to the Bank of England’s Credibility
  by Yves Smith 11:01 pm

• World’s Most Polluted Sites
  by Yves Smith 9:31 pm

• Are Credit Cards as Beneficial to the Poor as Advocates Claim?
  by Yves Smith 4:33 pm

• Northern Rock: Endgame and Collateral Damage
  by Yves Smith 1:38 am

• Mirable Dictu: Businesses Want More Regulations (If They Write Them)
  by Yves Smith 12:55 am

September 14, 2007

• Greenspan’s Novel Housing Bubble Theory
  by Yves Smith 9:17 pm

• Northern Rock: A Real Bank Run
  by Yves Smith 5:13 pm

• Is Capital Adequacy A Problem?
  by Yves Smith 11:44 am

• A Wee Message to Readers
  by Yves Smith 11:05 am

• Wall Street Accounting Shenanigans
  by Yves Smith 2:55 am

• On Deception and Evil
  by Yves Smith 1:30 am

September 13, 2007

• Product Naming Tip
  by Yves Smith 11:31 pm

• In Case You Believe Markets Are Efficient
  by Yves Smith 2:13 pm

• The Real Difference Between Greenspan and Bernanke
  by Yves Smith 3:00 am

• Bank of England’s Tough Position Absent From the Wall Street Journal
  by Yves Smith 1:25 am

• Global Alpha, Carry Trade Victim
  by Yves Smith 12:31 am

September 12, 2007

• Real Estate Porn
  by Yves Smith 2:53 pm

• Minorities Face Mortgages Discrimination
  by Yves Smith 2:03 pm

• "Gorillas head race to extinction"
  by Yves Smith 1:51 pm

• Scary Words From Martin Wolf: End of Global Imbalances
  by Yves Smith 2:47 am

• Thomas Palley on "America’s Distorted Expansion"
  by Yves Smith 2:37 am

• John Kay on Central Bank Independence
  by Yves Smith 1:29 am

September 11, 2007

• National Association of Realtors: Housing Slump Will Extend into 2008
  by Yves Smith 2:10 pm

• The Ways of Wall Street (Distressed Debt Edition)
  by Yves Smith 11:29 am

• Robert Reich Uses the R Word
  by Yves Smith 12:58 am

• Moody’s Expects Housing Recession to Extend Till 2009
  by Yves Smith 12:52 am

September 10, 2007

• New iPhone Billing Woes
  by Yves Smith 4:56 pm

• Tyler Cowen’s Misguided Morality Play
  by Yves Smith 3:02 am

• Foreign Investors Abandoning US Treasuries
  by Yves Smith 2:11 am

• Wall Street Firms Face High Borrowing Costs
  by Yves Smith 12:22 am

September 9, 2007

• Title Insurance as an Indicator of Housing Stress
  by Yves Smith 11:10 pm

• Nouriel Roubini: "The Coming U.S. Hard Landing"
  by Yves Smith 7:57 pm

• The Asset Shuffling Game
  by Yves Smith 1:50 am

• Task Force to Encourage More Mortgage Modifications
  by Yves Smith 1:35 am

September 8, 2007

• Fed President Plosser: Don’t Count on the Fed Put
  by Yves Smith 11:02 pm

• Microchip Implants May Cause Cancer
  by Yves Smith 8:55 pm

• Dani Rodrik Questions Conventional Wisdom on Labor Market Rigidities
  by Yves Smith 6:59 pm

• What a Difference a Job Makes (Steve Rattner Edition)
  by Yves Smith 2:51 am

• Hedge Fund Focused on "Mortgage Turmoil" Up 410% This Year
  by Yves Smith 1:57 am

• Robert Reich: The Moral Hazard Double Standard
  by Yves Smith 12:44 am

September 7, 2007

• "Russian scientists discover radiation-absorbing mineral"
  by Yves Smith 9:06 pm

• A Call for Central Bankers to Hang Tough
  by Yves Smith 3:47 pm

• Getting Behind Today’s Employment Report
  by Yves Smith 12:21 pm

• The Journal Tells Us Quants Have Suffered
  by Yves Smith 11:01 am

• Nostalgia for Glass Steagall
  by Yves Smith 2:00 am

September 6, 2007

• James Hamilton: The Bank Run on Non-Banks
  by Yves Smith 10:20 pm

• Extreme Measures III: Cambiz Alikhani at the Financial Times
  by Yves Smith 4:56 pm

• It’s Official: Most Hedge Fund Strategies Lost Money in August
  by Yves Smith 8:13 am

• Another Blow to Rating Agency Credibility
  by Yves Smith 7:47 am

• Martin Wolf on a "Sadly Predictable Debt Crisis"
  by Yves Smith 12:28 am

September 5, 2007

• Food Additives May Worsen ADD in Children
  by Yves Smith 11:06 pm

• Commercial Real Estate Prices May Drop 15% in Next Year
  by Yves Smith 3:50 pm

• Brad DeLong Argues That Central Banks Should Cut Interest Rates
  by Yves Smith 4:51 am

• The Wall Street Journal Touts Dubious Research (CEO Performance Edition)
  by Yves Smith 3:13 am

• More Cheery Housing Charts
  by Yves Smith 2:55 am

September 4, 2007

• The Barriers to Bottom Fishing
  by Yves Smith 4:53 pm

• Will Asking Mortgage Servicers to Modify More Mortgages Have Much Impact?
  by Yves Smith 3:44 pm

• Cash-Out Refis: The Missing Actor in the Subprime Drama
  by Yves Smith 2:22 am

• Treasury Trading Down as Black Box Traders Withdraw
  by Yves Smith 1:44 am

• "The Fed versus the financiers"
  by Yves Smith 1:21 am

• Chinese Military Hacked Pentagon Computers
  by Yves Smith 12:22 am

September 3, 2007

• "Rare Breeds of Farm Animals Face Extinction"
  by Yves Smith 2:36 pm

• Housing Remedy: Employer of the Last Resort?
  by Yves Smith 12:10 am

September 2, 2007

• Bundesbank President Weber vs. White House on Housing Crisis
  by Yves Smith 11:43 pm

• Australians Eating Feral Cats
  by Yves Smith 2:32 pm

• James Hamilton on Credit Crunches, Bank Runs, and Regulation
  by Yves Smith 1:09 am

September 1, 2007

• Fed Governor Mishkin Urges Swift Action to Combat Housing Price Decline
  by Yves Smith 3:05 pm

• Public Sector Management Innovation
  by Yves Smith 2:39 pm

• Mirabile Dictu! Phone Companies Stand Up For Consumers
  by Yves Smith 3:09 am

• More Blood Coming?
  by Yves Smith 12:13 am