Monthly Archives: August 2008

August 31, 2008

• Links 9/1/08
  by Yves Smith 11:27 pm

• Steve Waldman: "Inequality and the Credit Crisis"
  by Yves Smith 11:21 pm

• Why No Questions About Special NYMEX Trading Session?
  by Yves Smith 11:01 pm

• Links 8/31/08
  by Yves Smith 12:11 am

August 30, 2008

• Alan Blinder: "Is History Siding With Obama’s Economic Plan?"
  by Yves Smith 11:20 pm

• Lehman in "Urgent" Talks to Close Deal Before Expected $4 Billion Writedown
  by Yves Smith 11:11 pm

• Links 8/30/08
  by Yves Smith 1:29 am

• "UK home sales boosted by desperate vendors"
  by Yves Smith 12:23 am

August 29, 2008

• This Week’s Bank Failure Surprisingly Costly
  by Yves Smith 11:42 pm

• Are You Sure You Want What You Want?
  by Yves Smith 4:12 am

• Bank of China Cuts GSE Holdings by 25%
  by Yves Smith 1:45 am

August 28, 2008

• UK: Retailers Suffer Worst Month in 25 Years
  by Yves Smith 11:55 pm

• Links 8/29/08
  by Yves Smith 11:16 pm

• GDP Release Signals Further Decline into Banana Republic Status
  by Yves Smith 6:47 pm

• Credit Suisse: "Most of the slowdown is not Olympics-related"
  by Yves Smith 3:03 am

• Nikkei: EU, Japan, US Discussed Coordinated Intervention to Support Dollar
  by Yves Smith 2:23 am

• Links 8/28/08
  by Yves Smith 1:20 am

August 27, 2008

• Japan’s Net Sales of Foreign Debt Reaches Record
  by Yves Smith 11:27 pm

• EIA Revises Down June Oil Demand by "Stunning" Amount
  by Yves Smith 1:51 pm

• Fannie, Freddie Sale Goes Well
  by Yves Smith 1:07 pm

• What Global Rebalancing (aka The End of Foreign Funding Spree) Looks Like
  by Yves Smith 2:42 am

• Fed Staff Economists More Downbeat Than FOMC
  by Yves Smith 1:51 am

• Links 8/27/08
  by Yves Smith 1:30 am

August 26, 2008

• Banks Need Fistfuls of Dough Through End of 2009, Thanks to Refis
  by Yves Smith 10:23 pm

• UK Mortgage Lending Hits Record Lows
  by Yves Smith 9:29 pm

• China Considering Stimulus Package, Oh My!
  by Yves Smith 2:40 am

• So Where is That GSE Bailout?
  by Yves Smith 1:54 am

• Policy Object Lesson: Australia’s Water Woes
  by Yves Smith 12:58 am

August 25, 2008

• Financial Times Advocates Newspeak!
  by Yves Smith 11:50 pm

• Links 8/26/08
  by Yves Smith 11:14 pm

• Regulators Putting More Banks on a Short Leash
  by Yves Smith 9:00 pm

• Summers: "The global consensus on trade is unravelling"
  by Yves Smith 3:39 am

• Is Lehman’s Fuld on the Ropes?
  by Yves Smith 1:32 am

• Links 8/25/08
  by Yves Smith 12:42 am

August 24, 2008

• Money Markets Still Stressed, Conditions Expected to Worsen
  by Yves Smith 11:14 pm

• Buiter Provokes Wrath at Jackson Hole, Says Fed Too Close to Wall Street
  by Yves Smith 3:48 am

• Deutsche: Oil Demand Forecasts Overshoot
  by Yves Smith 3:43 am

• Links 8/24/08
  by Yves Smith 3:20 am

August 23, 2008

• "Peak Oil!! Peak Inflation ?!? Peak Credit??"
  by Yves Smith 3:53 am

• "The subprime turmoil: What’s old, what’s new, and what’s next"
  by Yves Smith 2:54 am

• Links 8/23/08
  by Yves Smith 1:19 am

August 22, 2008

• If Only Central Bankers Would Hit Bottom
  by Yves Smith 4:35 am

• Links 8/22/08
  by Yves Smith 12:58 am

August 21, 2008

• Quelle Surprise! Commercial Real Estate Loans Looking Wobbly
  by Yves Smith 11:43 pm

• ECB: Banks Need to Wean Themselves of Liquidity Support
  by Yves Smith 11:09 pm

• Goldman: Half the World in or on Verge of Recession
  by Yves Smith 7:38 pm

• Some Qualified Good News on the Oil Front
  by Yves Smith 5:12 am

• Mirable Dictu! Regulators (Belatedly) Step to the Plate (Auction Rate Securities Edition)
  by Yves Smith 4:42 am

• Rosner: GSEs Probably Need $100 Billion; Freddie Mac Reported to Be Meeting Treasury
  by Yves Smith 2:15 am

August 20, 2008

• Links 8/21/08
  by Yves Smith 11:30 pm

• Sign of Airline Desperation: In Flight Air Time for Sale
  by Yves Smith 4:32 pm

• Freddie, Fannie Nail-Biting Continues
  by Yves Smith 4:39 am

• Fixing the Banks: Hurry Up, Please
  by Yves Smith 2:47 am

• Hedge Funds Continue to Take It on the Chin
  by Yves Smith 1:00 am

August 19, 2008

• Links 8/20/08
  by Yves Smith 11:34 pm

• Goldman Sounds Alarm on AIG
  by Yves Smith 11:50 am

• Kenneth Rogoff: "The worst is yet to come"
  by Yves Smith 10:20 am

• Paulson Playing Chicken With Markets: Guess Who Will Win? (GSE Edition)
  by Yves Smith 3:47 am

• "The key to happiness is freedom not income"
  by Yves Smith 2:45 am

• More Evidence of Sharp Contraction in Money Supply (Not for the Fainthearted)
  by Yves Smith 1:44 am

• Links 8/19/08
  by Yves Smith 12:48 am

• Value of Lehman Ex Asset Management Business May Be Negative
  by Yves Smith 12:23 am

August 18, 2008

• Kotok Sounds Alarm on Financials, Fingers Merrill, Wachovia
  by Yves Smith 4:19 pm

• US Export Boom Leaves Manufacturing Largely Behind
  by Yves Smith 1:35 am

• "Dollar surge will not stop America feeling the effects of a global crunch"
  by Yves Smith 1:32 am

• Links 8/18/08
  by Yves Smith 1:23 am

August 17, 2008

• Lehman Expected to Post Another Loss
  by Yves Smith 11:17 pm

• Home Prices in London Fall 5.3% in One Month
  by Yves Smith 8:40 pm

• Foreign Investors Selling Freddie, Fannie Debt
  by Yves Smith 3:47 am

• "China: Humiliation & the Olympics"
  by Yves Smith 2:36 am

• Mark Hulbert: Equity Investors Don’t Understand Inflation
  by Yves Smith 1:41 am

• Links 8/17/08
  by Yves Smith 12:47 am

August 16, 2008

• Stephen Roach: "Pitfalls in a Post Bubble World"
  by Yves Smith 3:55 am

• "Four myths about sovereign wealth funds"
  by Yves Smith 2:54 am

• Links 8/16/08
  by Yves Smith 1:19 am

August 15, 2008

• Roubini Profiled in New York Times Magazine
  by Yves Smith 10:41 pm

• Many Former Wall Street Employees Exiting Finance
  by Yves Smith 12:14 pm

• Inflation Versus Deflation: The Debate Continues
  by Yves Smith 4:20 am

• Stock, Bond Market Disconnect on Mortgages, Financials
  by Yves Smith 3:12 am

• Links 8/15/08
  by Yves Smith 1:30 am

August 14, 2008

• Quelle Surprise! Speculators May Have Had Something to do With Oil Price Runup
  by Yves Smith 11:16 pm

• Speculative Building Boom In City Ends Abruptly
  by Yves Smith 9:36 pm

• "Oil Prices May Have Peaked"
  by Yves Smith 1:16 pm

• Investing: A Visual Guide
  by Yves Smith 3:27 am

• Impediment to Bank Rescues Coming
  by Yves Smith 3:17 am

• Merrill: Bank Stock Rally Overdone
  by Yves Smith 2:41 am

• Links 8/14/08
  by Yves Smith 2:22 am

August 13, 2008

• Lehman Negotiating Sale of Commercial Real Estate Holdings to BlackRock
  by Yves Smith 4:35 pm

• NewSpeak Watch: What Does "Sale" Mean? (LBO Loan Edition)
  by Yves Smith 2:18 am

• Quelle Surprise! Banks Taking Big Losses on Real Estate Disposals
  by Yves Smith 1:40 am

• Links 8/13/08 (and Antidote du Jour)
  by Yves Smith 12:48 am

August 12, 2008

• Credit Crunch Damage to Banks So Far = $500 Billion
  by Yves Smith 4:35 pm

• Freddie to New York: Drop Dead
  by Yves Smith 1:13 pm

• The last crisis…..
  by CKMichaelson 8:48 am

• Links 8/12/08 (and Antidote du Jour)
  by Yves Smith 3:05 am

• Wall Street Losses a Disaster for New York City Finances
  by Yves Smith 2:27 am

• Reader Notices
  by Yves Smith 1:15 am

August 11, 2008

• Rinse and repeat
  by PeeDee 5:05 pm

• Project Turquoise: Priming the pump for the next bailout
  by Lune 12:35 pm

• The current crisis is near the end….
  by CKMichaelson 8:35 am

• Antidote du Jour 8/11/08
  by Yves Smith 12:34 am

August 9, 2008

• Antidote du Jour 8/10/08
  by Yves Smith 11:01 pm

• The real purposes of a democratic society …
  by CKMichaelson 10:24 am

• Fight the Fed, Don’t Fight the Fed, Baby
  by Scott Frew 10:10 am

August 8, 2008

• Antidote du Jour 8/9/08
  by Yves Smith 11:01 pm

• Americans want cheap fuel….
  by CKMichaelson 10:54 am

• Summary of the FSA Investigation in HBOS Trading
  by Cassandra 8:04 am

• Your pension is safe on Wall Street
  by Steve Waldman 12:29 am

August 7, 2008

• Antidote du Jour 8/8/08
  by Yves Smith 11:01 pm

• The Value of Capital vs. The Value of Management
  by Cassandra 8:21 pm

• Examination of public debate…..
  by CKMichaelson 8:38 am

• Too much risk?
  by Steve Waldman 12:55 am

August 6, 2008

• Leverage (not what you think)
  by PeeDee 11:27 pm

• Antidote du Jour 8/7/08
  by Yves Smith 11:01 pm

• Links of the Day 8/6/08
  by Lune 9:07 pm

• Futures vs CDSs: the case for regulated markets
  by Lune 7:49 pm

• Things could have turned out otherwise.
  by CKMichaelson 9:37 am

• Inflation conundrum
  by PeeDee 12:37 am

• China Desk
  by PeeDee 12:22 am

• An oil standard
  by PeeDee 12:15 am

August 5, 2008

• Antidote du Jour 8/6/08
  by Yves Smith 11:01 pm

• Techonomics
  by PeeDee 7:10 pm

• Ever wonder….
  by CKMichaelson 8:26 am

• Ruminations on Moral Hazard
  by Scott Frew 5:47 am

• Bernanke facing revolt over inflation?
  by Lune 2:29 am

August 4, 2008

• Antidote du Jour 8/5/08
  by Yves Smith 11:01 pm

• Year of Lending Dangerously
  by PeeDee 4:33 pm

• Oil below $120: Has the commodities bubble been pricked?
  by Lune 2:51 pm

• Quelle Surprise! Greenspan warns about the dangers of regulation
  by Lune 2:16 pm

• If Your Stock Goes Down, It MUST Be Short-Sellers
  by Cassandra 10:16 am

• Some Futures need throwing away…
  by CKMichaelson 8:31 am

• Pity the US consumer?
  by PeeDee 12:04 am

August 3, 2008

• Antidote du Jour 8/4/08
  by Yves Smith 11:05 pm

• Eye candy, and some more substantial fare
  by PeeDee 10:33 pm

• 2007 was the year of subprime…
  by CKMichaelson 9:07 am

• WSJ.Com: Was Cramer Right?
  by Cassandra 7:49 am

August 2, 2008

• Antidote du Jour 8/3/08
  by Yves Smith 11:01 pm

• Revisiting Increases in the Bankruptcy Filing Rate
  by Cassandra 10:31 am

• The economic principles justifying free market…
  by CKMichaelson 9:38 am

August 1, 2008

• Antidote du Jour 8/2/08
  by Yves Smith 11:16 pm

• Central Bank Transparency: Good or Bad?
  by Lune 9:52 pm

• More Troubles for Banks from Auction Rate Securities
  by Lune 9:22 pm

• What do the Germans Think of Obama?
  by Cassandra 11:55 am

• Milton Friedman’s misfortune…
  by CKMichaelson 11:30 am

• Alternative Stores of Value for the New Millennium
  by Cassandra 2:00 am