Monthly Archives: February 2010

February 28, 2010

• Links 2/28/10
  by Yves Smith 5:19 am

• US Banks Reject Effort by UK Bank Execs to Rein in Pay
  by Yves Smith 4:39 am

• How Sincere is Wal-Mart’s Demand that Chinese Suppliers Meet Labor and Environmental Standards?
  by Yves Smith 2:06 am

February 27, 2010

• Guest Post: Grading Free Market Capitalism and “The Invisible Hand”
  by George Washington 11:49 pm

• Riots Break Out at UC Berkeley Over Tuition Increases, Budget Cuts
  by Yves Smith 10:27 pm

• Links 2/27/10
  by Yves Smith 7:05 am

• Rubin to be Grilled by Financial Crisis Inquiry Commission
  by Yves Smith 5:25 am

February 26, 2010

• How to Stay Awake During Obama Speeches: Play Bullshit Bingo
  by Yves Smith 11:36 pm

• RBS pays billions while Commerzbank bankers get nothing
  by Edward Harrison 11:42 am

• Links 2/26/10
  by Yves Smith 4:14 am

• Euro in Big Hedge Funds’ Crosshairs
  by Yves Smith 2:52 am

• Is Goldman Finally About to be Leashed and Collared?
  by Yves Smith 12:56 am

• Auerback: Bernanke Fesses Up: America Has No ‘Insolvency’ Issue
  by Yves Smith 12:01 am

February 25, 2010

• Links 2/25/10
  by Yves Smith 7:52 am

• Protests Grow in Greece, Portugal and Spain
  by Yves Smith 4:51 am

• First Printing of ECONNED Sold Out Pre-Release
  by Yves Smith 12:59 am

February 24, 2010

• Guest Post: Economist With Financial Services Committee For Eleven Years, Assisting With Oversight Of The Fed, May Lend Some Support to Ron Paul’s Questions
  by George Washington 8:38 pm

• A banker’s perspective of the Greece derivatives debt dodge
  by Edward Harrison 8:49 am

• Links 2/24/10
  by Yves Smith 8:03 am

• Martin Wolf is Very Gloomy, and With Good Reason
  by Yves Smith 7:30 am

• Volcker Rule Being Deep Sixed
  by Yves Smith 4:25 am

February 23, 2010

• Guest Post: Greenspan Says Worst Financial Crisis EVER, INCLUDING the Great Depression
  by George Washington 6:22 pm

• Links 2/23/10
  by Yves Smith 7:00 am

• Continued Harping on AIG Old News Shows Further Investigation Needed
  by Yves Smith 6:43 am

• Quelle Surprise! AIG Hires Additional Lobbyists After It Goes on Taxpayer-Funded Life Support
  by Yves Smith 4:34 am

• Rogoff Foresees A Wave of Sovereign Debt Defaults
  by Yves Smith 2:38 am

• Shiela Bair Rejected by Vogue Over Her Looks, but Geithner Gets the Nod
  by Yves Smith 1:33 am

February 22, 2010

• Guest Post: McCain Says Paulson and Bernanke Promised that the $700 Billion Troubled Asset Relief Program Would Focus on the Housing Meltdown
  by George Washington 3:31 pm

• Auerback/Wray: Memo to Greece: Make War, Not Love, With Goldman Sachs
  by Yves Smith 9:30 am

• Links 2/22/10
  by Yves Smith 7:05 am

• Interview with Chris Whalen of Institutional Risk Analytics
  by Yves Smith 6:55 am

• Administration Ratchets Up PR Campaign for Beleaguered Emanuel and Geithner
  by Yves Smith 6:42 am

February 21, 2010

• The U.S. opts for the bailout hustle over the Swedish banking crisis response
  by Edward Harrison 11:30 pm

• Links 2/21/10
  by Yves Smith 6:53 am

• Das: Mark to Make Believe – Still Toxic After All These Years!
  by Yves Smith 3:39 am

• German Paper Says AIG May Have Sold CDS on Greece
  by Yves Smith 1:10 am

• Amazon is Not So Dumb
  by Yves Smith 12:09 am

February 20, 2010

• Links 2/20/10
  by Yves Smith 6:48 am

• Does Judge Rakoff Smackdown of Heinous JP Morgan Conduct Mark Beginning of a Sea Change?
  by Yves Smith 5:40 am

• Guest Post: Governments From Around the World ADMIT That They Carry Out False Flag Terror
  by George Washington 1:47 am

February 19, 2010

• Links 2/19/10
  by Yves Smith 6:49 am

• The Safety vs. Easy Money Policy Dilemma Comes Into Focus
  by Yves Smith 4:37 am

• Your Humble Blogger is on FoxBusiness
  by Yves Smith 2:28 am

February 18, 2010

• Guest Post: “Only 21% Say U.S. Government Has Consent of the Governed … Those with the Lowest Incomes are the Most Skeptical”
  by George Washington 6:57 pm

• Violent Backlash Starting?
  by Yves Smith 6:25 pm

• Links and Short Takes 2/18/10
  by Yves Smith 6:55 am

• Why is the Administration Tolerating AIG Feather-Bedding and Intransigence?
  by Yves Smith 5:29 am

• Thinking the Unthinkable: What if China Devalues the Renminbi?
  by Yves Smith 5:27 am

• Why Bank CEO Pay Needs a Hard Look
  by Yves Smith 2:30 am

February 17, 2010

• Iacono: Is all this “exit strategy” talk warranted?
  by Yves Smith 10:37 pm

• Links 2/17/10
  by Yves Smith 5:04 am

• When is a Fraud Not a Fraud? (Greece-Goldman Edition)
  by Yves Smith 3:41 am

• Alford: My Nominee for Worst Macro Paper, Ever (Courtesy the Fed’s Ministry of Truth)
  by Yves Smith 12:10 am

February 16, 2010

• Guest Post: Cheney Admits to Being a War Criminal
  by George Washington 8:11 pm

• New York Times Sorta Apologizes to MSM for Not Crediting Reporting, but Not to Blogs
  by Yves Smith 6:16 pm

• Auerback: Will We Have to Blow Up a Continent (Again) Before We Stop Wall Street?
  by Yves Smith 5:31 pm

• Links 2/16/10
  by Yves Smith 7:00 am

• EU Showdown With Greece Looming
  by Yves Smith 5:30 am

• Unwinding Global Imbalances
  by Yves Smith 4:04 am

• Countdown 3/2/10: Excerpt from Econned
  by Yves Smith 1:29 am

February 15, 2010

• Links 2/15/10
  by Yves Smith 6:07 am

• Greece Rescue Collides With the Policy Trilemma
  by Yves Smith 5:42 am

• Junk Bond Spreads Widening: A Canary in the Coal Mine?
  by Yves Smith 3:14 am

• Open Source Inquiry Opportunity: Some of Goldman’s Greece Swaps Made Public
  by Yves Smith 12:00 am

February 14, 2010

• Links 12/14/10
  by Yves Smith 5:27 am

• Can Eurobanks Take a Greek Default?
  by Yves Smith 5:13 am

• One American Growth Industry: Lobbying
  by Yves Smith 3:08 am

February 13, 2010

• Imaging Imperial Washington
  by Yves Smith 6:57 pm

• Links 12/13/10
  by Yves Smith 5:19 am

• Your Humble Blogger is on Business News Network (Again)
  by Yves Smith 5:16 am

• Did Goldman Rig Vote on UK “Robin Hood Tax”?
  by Yves Smith 1:45 am

February 12, 2010

• Guest Post: When In An Inhospitable World Filled With Sharp Barbs, It Might Be Best To Act Like A Hedgehog
  by George Washington 7:37 pm

• Links 2/12/10
  by Yves Smith 6:28 am

• Schwarzman Says Kowtow to Banks or They Will Strangle the Economy
  by Yves Smith 5:35 am

• Volcker Rule Gives Goldman Easy Choice
  by Yves Smith 2:22 am

February 11, 2010

• Das: “Trading Places”
  by Yves Smith 11:20 pm

• Congressional Oversight Panel: Serious Pain in Commercial Real Estate Just Starting
  by Yves Smith 6:33 pm

• Devaluing Currencies May Not Be Such a Great Economic Cure After All
  by Yves Smith 9:00 am

• Links 2/11/10
  by Yves Smith 6:16 am

• China’s Burgeoning Local Debt Means Debt, Banking System Risk Understated
  by Yves Smith 12:46 am

• India Defies Monsanto, Says No to GMO Crops
  by Yves Smith 12:43 am

• Wray: The Federal Budget is NOT like a Household Budget – Here’s Why
  by Yves Smith 12:40 am

February 10, 2010

• Latest Obama-nation: President Defends Bankster Pay
  by Yves Smith 7:44 pm

• Iacono: Was There a Global Savings Glut in 1986?
  by Yves Smith 6:29 pm

• Guest Post: How Has the Official State of Emergency in Continuous Effect from 2001 to the Present Affected the Economy and Business?
  by George Washington 1:14 pm

• Links 2/10/10
  by Yves Smith 6:38 am

• Give Your Comments Here on FDIC Proposal For Executive Compensation
  by Yves Smith 5:59 am

• EU President Seeking to Consolidate Economic Power (Dog Bites Man Alert)
  by Yves Smith 4:36 am

February 9, 2010

• Goldman Helped Greece Disguise Deficit
  by Yves Smith 11:42 pm

• Germany Backs Greek Rescue to Save German Banks (Update: Germany Says No Decision Made)
  by Yves Smith 5:28 pm

• Links 2/9/10
  by Yves Smith 3:51 am

• Head of BIS Calls for Bigger Liquidity Buffers
  by Yves Smith 2:43 am

• Guest Post: “More Empires Have Fallen Because Of Reckless Finances Than Invasion”
  by George Washington 1:12 am

February 8, 2010

• Questions about the coming wave of second mortgage writedowns
  by Edward Harrison 3:26 pm

• Links 2/8/10
  by Yves Smith 7:14 am

• Bank Securitization Woes Only Beginning
  by Yves Smith 5:24 am

• Quelle Surprise! Lack of Small Business Hiring Likely to Put Dent in Recovery
  by Yves Smith 1:51 am

February 7, 2010

• How the Mighty are Fallen: Thain to Head CIT
  by Yves Smith 10:57 pm

• Is Greek Crisis a Precursor to a “Global Margin Call”?
  by Yves Smith 7:44 pm

• Guest Post: The OTHER Reason that the U.S. is Not Regulating Wall Street
  by George Washington 2:29 pm

• Links 2/7/10
  by Yves Smith 7:25 am

• The NYT’s Latest Goldman/AIG Salvo: Missing the Real Targets?
  by Yves Smith 6:23 am

• Winkler: “Will Obama Campaign for Failing Banker?”
  by Yves Smith 2:20 am

February 6, 2010

• Links 2/6/10
  by Yves Smith 6:44 am

• How the Volcker Rule Misses the Shadow Banking System
  by Yves Smith 6:36 am

• Is the Need for Simple Stories Getting in the Way of Banking Reform?
  by Yves Smith 5:01 am

February 5, 2010

• Links 2/5/10
  by Yves Smith 7:02 am

• Are Greek Sovereign Debt Tremors a Start of a New Phase of the Crisis?
  by Yves Smith 4:29 am

• Senators Propose 50% Bonus Tax on Big TARP Recipients
  by Yves Smith 3:00 am

• More Evidence that BofA Violated Regulations After Merrill Shotgun Wedding
  by Yves Smith 12:10 am

February 4, 2010

• Links 2/4/10
  by Yves Smith 3:45 pm

• Alford: “Why Bernanke Should Resign”
  by Yves Smith 3:55 am

• Debunking Some AIG/Fed/CDO Theories
  by Yves Smith 3:45 am

• Brilliant Marketing Meets Dark Humor
  by Yves Smith 1:38 am

February 3, 2010

• Rosner: “Has the New York Fed been serving the public trust? Has Geithner?”
  by Yves Smith 8:00 pm

• Links 2/3/10
  by Yves Smith 6:17 am

• Fed Disqualifies Itself as Systemic Risk Regulator
  by Yves Smith 5:41 am

• FDIC Proposes Tough-Minded Securitization Reforms; Industry Howls
  by Yves Smith 1:25 am

• Is the US Reaching a Strategic Default Tipping Point?
  by Yves Smith 12:46 am

February 2, 2010

• Goldman, Morgan Stanley Can Escape Volcker Rule
  by Yves Smith 6:06 pm

• Credit Default Swaps’ Status in Bankruptcy Challenged by Court
  by Yves Smith 5:35 pm

• Links 2/2/10
  by Yves Smith 4:07 am

• Obama Snubs EU
  by Yves Smith 3:07 am

February 1, 2010

• Volcker Rule: Dead on Arrival? And is Obama a Lame Duck?
  by Yves Smith 11:47 pm

• Links 2/1/10
  by Yves Smith 8:01 am

• Lloyd Blankfein: $100 Million Man?
  by Yves Smith 4:27 am

• Should Germany Quit the EU Rather Than Rescue Greece?
  by Yves Smith 3:14 am