Monthly Archives: May 2010

May 31, 2010

• Links 5/31/10
  by Yves Smith 4:59 am

• Economist Declares “Mission Accomplished” on Repairing Bank Balance Sheets
  by Yves Smith 4:07 am

• The EU and the Limits of the Austerity Hairshirt
  by Yves Smith 3:17 am

May 30, 2010

• Links 5/30/10
  by Yves Smith 3:43 am

May 29, 2010

• It’s Official: Gulf “Top Kill” Fails
  by Yves Smith 6:59 pm

• Links 5/29/10
  by Yves Smith 5:40 am

• When Will Europe Have Its Wile E. Coyote Moment?
  by Yves Smith 3:51 am

• Attacking Science to Defend Beliefs
  by Yves Smith 2:03 am

• Matt Simmons Claims Much Bigger Gulf Leak in Progress
  by Yves Smith 1:38 am

May 28, 2010

• Links 5/28/10
  by Yves Smith 4:22 am

• “Are workers motivated by the greater good?”
  by Yves Smith 4:17 am

• Guest Post: “Top Kill” Has Failed
  by George Washington 1:37 am

May 27, 2010

• “Obama’s Flip-Flop Leadership Style”
  by Yves Smith 1:28 pm

• Gulf Leak Worst in US History
  by Yves Smith 1:20 pm

• Links 5/27/10
  by Yves Smith 2:48 am

• Wray: The Great Depression and the Revolution of 2017
  by Yves Smith 12:40 am

• First Person Observation of Oil Leak Impact
  by Yves Smith 12:13 am

May 26, 2010

• Links 5/26/10
  by Yves Smith 4:56 am

• BP and Executive Arrogance
  by Yves Smith 4:25 am

• Alford: Why We Need a New Macroeconomics
  by Yves Smith 3:09 am

• An Early Weak Euro Casualty: Hollywood
  by Yves Smith 1:34 am

May 25, 2010

• CajaSur nationalization shows weakness of Spain’s banks
  by Edward Harrison 8:05 am

• In Case You Managed to Miss It, It’s Ugly Out There
  by Yves Smith 3:45 am

• Links 5/25/10
  by Yves Smith 3:10 am

• New Obama Administration Propaganda Tactic: Revisionist History
  by Yves Smith 2:35 am

• Extend and Pretend Reaches A New Level
  by Yves Smith 1:35 am

May 24, 2010

• Links 5/24/10
  by Yves Smith 3:30 am

• Germany: Just Another Weak Man of Europe?
  by Yves Smith 2:58 am

May 23, 2010

• Lookin’ Ugly at the Deepwater Horizon Live Cam?
  by Yves Smith 11:24 pm

• Satyajit Das: The Human Touch
  by Yves Smith 2:51 pm

• Alan Grayson’s “The War is Making You Poor Act”
  by Yves Smith 10:37 am

• Links 5/23/10
  by Yves Smith 2:50 am

May 22, 2010

• Guest Post: Cap and Trade Is a Gigantic Scam
  by George Washington 7:02 pm

• Links 5/22/10
  by Yves Smith 6:12 am

• No Criminal Charges Against AIG Execs
  by Yves Smith 4:56 am

• Schama: Are the Guillotines Being Sharpened?
  by Yves Smith 3:14 am

May 21, 2010

• Links 5/21/10
  by Yves Smith 6:24 am

• Your Humble Blogger is on a Magazine Cover (!)
  by Yves Smith 4:23 am

• Is Germany Going to Trigger a Lisbon Treaty Renegotiation?
  by Yves Smith 4:17 am

• This is What a Carry Trade Unwind Looks Like
  by Yves Smith 1:31 am

May 20, 2010

• Mosler: Fed’s Currency Swaps – A Backdoor Way to Lower US Interest Rates
  by Yves Smith 11:23 pm

• Links 5/20/10
  by Yves Smith 6:43 am

• Germany’s Short Selling Bans: Prudence, Populism or Bank Protection?
  by Yves Smith 4:57 am

• Why is the Deepwater Horizon Oil Spill an Information Dead Zone?
  by Yves Smith 3:49 am

• How Financial Reform Gets Done (Not)
  by Yves Smith 1:04 am

May 19, 2010

• Guest Post: New BP Insertion Tube Isn’t Working
  by George Washington 1:05 pm

• Links 5/19/10
  by Yves Smith 3:56 am

• Goldman Clients Increasingly Wary of Firm’s Conflicts and Trading Orientation
  by Yves Smith 1:23 am

May 18, 2010

• DOJ: Banks Colluded with Municipal “Advisers” to Rig Bids on GICs
  by Yves Smith 11:33 pm

• Links 5/18/10
  by Yves Smith 3:57 am

• Should Greece Follow Argentina’s Playbook?
  by Yves Smith 2:33 am

• Parramore: Big Bank Usury – Elizabeth Warren on Whitehouse Amendment
  by Yves Smith 1:47 am

• Racial Wealth Gap Quadruples in Since Mid 1980s
  by Yves Smith 12:29 am

May 17, 2010

• Links 5/17/10
  by Yves Smith 5:46 am

• Kregel/Parenteau: No Sidestepping the Eurozone Implosion?
  by Yves Smith 3:41 am

May 16, 2010

• German Households Owe More Than Greece’s Do
  by Yves Smith 11:52 pm

• European Interbank Markets Stress Rises Over Counterparty Fears
  by Yves Smith 11:02 pm

• Even Fewer Deepwater Horizon Inspections Than MMS Claimed Earlier
  by Yves Smith 10:08 pm

• Links 5/16/10
  by Yves Smith 4:31 am

• You Say You Are a Market Maker? Great, Act Like One
  by Yves Smith 4:04 am

• Papandreou Weighs Legal Action Against US Banks for Role in Greek Crisis
  by Yves Smith 1:56 am

May 15, 2010

• Links 5/15/10
  by Yves Smith 4:37 am

• What is the Proper Libertarian Response to the Deepwater Horizon Oil Spill?
  by Yves Smith 12:55 am

• Geithner on Europe: “Subprime is Contained” Redux?
  by Yves Smith 12:47 am

May 14, 2010

• Links 5/14/10
  by Yves Smith 6:58 am

• Volcker Talks of Possible EU Breakup (Loose Lips Sink Ships Edition)
  by Yves Smith 6:14 am

• Richard Smith: US Financial Reform – Tracking the Rabbit Through the Anaconda
  by Yves Smith 5:30 am

• EU to Rein in Hedge and Private Equity Funds
  by Yves Smith 4:48 am

• Herd Leading, Undisclosed Conflicts, and the Euro Crisis
  by Yves Smith 3:56 am

May 13, 2010

• MMT: The accounting of government budget deficits
  by Edward Harrison 12:30 pm

• Links 5/13/10 (and NYC Bookstore Event Tonight!)
  by Yves Smith 6:21 am

• Were the Ratings Agencies Duped Rather than Dumb?
  by Yves Smith 5:04 am

• Guest Post: Discussion of Congressional Hearings on Deepwater Horizon
  by Yves Smith 2:11 am

• Federal Prosecutors Widen Investigation of Major Dealers
  by Yves Smith 1:22 am

May 12, 2010

• Noted Bear Bob Janjuah Sighted on Bloomberg
  by Yves Smith 5:00 pm

• Links 5/12/10
  by Yves Smith 6:38 am

• Frank Partnoy Has Bad Day, Attacks Goldman Persecution in Financial Times
  by Yves Smith 4:49 am

• Reminder: May 13 ECONNED Bookstore Event in NYC
  by Yves Smith 3:28 am

• Morgan Stanley Under Criminal Investigation for Using CDOs to Bet Against Clients
  by Yves Smith 12:31 am

May 11, 2010

• Links 5/11/10
  by Yves Smith 4:56 am

• Alford: EU Shock and Awe Violates Powell Doctrine
  by Yves Smith 4:50 am

• Campaign to Cut Entitlements Picking Up in U.S.
  by Yves Smith 3:05 am

May 10, 2010

• Links 5/10/10
  by Yves Smith 4:54 am

• An Analysis of the Thursday Meltdown
  by Yves Smith 3:33 am

• US Retirement Benefits to be Cut?
  by Yves Smith 1:37 am

• Is the Eurozone Shock and Awe Enough? (Updated)
  by Yves Smith 12:39 am

• Ryskamp: German Greek Bailout Legislation, TARP 1.0, and Hitler’s Enabling Act
  by Yves Smith 12:11 am

May 9, 2010

• Links 5/9/10
  by Yves Smith 4:49 am

• Guest Post: Eyewitness Reports Suggest BP Cut Safety Corners on Deepwater Horizon
  by Yves Smith 4:18 am

• Richard Smith: Another Nail in the “Hoocoodanode” Defense
  by Yves Smith 3:51 am

• The Emperors Strike Back
  by Yves Smith 3:20 am

May 8, 2010

• BP Exec on Containment Dome: “It Has Failed”
  by Yves Smith 4:12 pm

• Links 5/8/10
  by Yves Smith 4:43 am

• Eichengreen: It is not too late for Europe
  by Yves Smith 4:12 am

• EU to Defend the Euro
  by Yves Smith 12:23 am

May 7, 2010

• Effort to Cap Gulf Oil Leak Fails Again
  by Yves Smith 6:16 pm

• Links 5/7/10
  by Yves Smith 4:42 am

• On the Fat Fingered Trade and Market Freakout
  by Yves Smith 3:27 am

• We Speak on BNN About Market Upheaval, Financial Reform
  by Yves Smith 1:09 am

• Auerback: Yes, Virginia. There is a Difference Between Greece and the US
  by Yves Smith 1:03 am

May 6, 2010

• The Crisis is Back. Dow Drops 998, Biggest Intraday Point Fall in History, Rallies Big from There
  by Yves Smith 3:38 pm

• Guest Post: Fed Audit Deal Reached In Senate
  by George Washington 2:03 pm

• Links 5/6/10
  by Yves Smith 4:30 am

• Guest Post: Where There’s Smoke, There’s a Smoke Machine – A Case for Movie Futures
  by Yves Smith 3:09 am

• We Discuss “Does Wall Street Own Washington?” on TVO
  by Yves Smith 1:23 am

• The “L” Word Reappears With A Vengeance at the New York Times
  by Yves Smith 12:50 am

May 5, 2010

• Guest Post: Top Recipient of Political Cash from BP, Goldman Sachs, Defense Contractors AND Healthcare Giants: Barack Obama
  by George Washington 9:12 pm

• Links 5/5/10
  by Yves Smith 4:40 am

• Greece, Germany, and the Dangers of Beggar Thy Neighbor
  by Yves Smith 3:10 am

• Would You Buy a Used Car From the Fed? (Maiden Lane Edition)
  by Yves Smith 3:04 am

• Guest Post: The Fed Must Be Audited Because It Has Taken Numerous Actions Which Are Far Beyond Its Authorized Powers
  by George Washington 2:51 am

May 4, 2010

• MMT: Fear of Hyperinflation
  by Edward Harrison 2:02 pm

• Links 5/4/10
  by Yves Smith 4:46 am

• The Fed Thumbs Its Nose at the Public
  by Yves Smith 3:36 am

• We Chat With Jill Schlesinger of CBS MoneyWatch on Regulatory Reform, ECONNED
  by Yves Smith 2:39 am

• Alford: Fix the Rating Agencies By Making Them Less Essential
  by Yves Smith 1:58 am

May 3, 2010

• Greenspan Hid Fed Debate Over Housing Bubble to Keep Control
  by Yves Smith 3:58 pm

• Links 5/3/10
  by Yves Smith 5:46 am

• Incentives, Complexity, and the Blame Game
  by Yves Smith 2:07 am

• Auerback/Mosler: Greece CAN Go it Alone
  by Yves Smith 1:31 am

• Debunking Abacus
  by Yves Smith 1:15 am

May 2, 2010

• The Age of The Trader
  by Edward Harrison 5:41 pm

• Guest Post: Oil Spill Much Worse Than We’ve Been Told: “Official Estimates for the Flow of Oil … May be Just a Drop in the Bucket”
  by George Washington 1:00 pm

• Separating economics from politics
  by Edward Harrison 10:18 am

• Links 5/2/10
  by Yves Smith 4:34 am

• Guest Post: “Beyond Repair”
  by Yves Smith 3:53 am

• Profiting from Goldman Woes
  by Yves Smith 2:12 am

May 1, 2010

• Guest Post: Cut the Partisan Hooey … BOTH the Private Sector AND the Government are to Blame for the Financial Crisis
  by George Washington 11:35 pm

• Links May Day 2010
  by Yves Smith 3:09 am

• Bill Black on Bill Moyers
  by Yves Smith 2:52 am

• Tom Adams Discusses Criminal Investigation of Goldman on BNN
  by Yves Smith 2:07 am

• Chase Doth Speak With Forked Tongue
  by Yves Smith 12:04 am