Monthly Archives: February 2011

February 28, 2011

• Guest Post: Amity Shlaes Forgotten History – When Unions Go Bust, We All Do
  by Yves Smith 4:22 pm

• Guest Post: “The Financial Industry Has Become So Politically Powerful That It Is Able To Inhibit the Normal Process of Justice And Law Enforcement”
  by George Washington 2:55 pm

• Links 2/28/11
  by Yves Smith 5:06 am

• Geithner (and Economics of Contempt): Caught in Haldane’s Pincers
  by Yves Smith 5:04 am

• Big Drop in New Foreclosures?
  by Yves Smith 4:25 am

• Speculators Not Wagering Much Against Periphery Country Eurobonds
  by Yves Smith 3:16 am

• Matt Stoller: A Very Political Oscars – “Not a single executive has gone to jail”
  by Yves Smith 12:34 am

February 27, 2011

• Arrests Starting in Wisconsin
  by Yves Smith 5:16 pm

• Links 2/27/11
  by Yves Smith 4:40 am

• Guest Post: The 10 Most Systemically Risky Financial Firms in the US
  by Yves Smith 4:20 am

• Matt Stoller: AG Tom Miller Negotiating in Secret with Banks Over Whether to Put Bankers in Jail
  by Yves Smith 3:55 am

• On the Problem Rising Oil Prices Pose for Central Banks
  by Yves Smith 3:02 am

February 26, 2011

• Links 2/26/11
  by Yves Smith 4:57 am

• NYT’s Joe Nocera Defends Failure to Bring Wall Street Execs to Justice
  by Yves Smith 3:32 am

• Colbert Report: Glenn Greenwald Discusses Being Targeted by HB Gary
  by Yves Smith 1:19 am

• Anonymous Speaks With Westboro Baptist Church
  by Yves Smith 1:19 am

February 25, 2011

• Sanctimonious Wells Fargo ‘Fesses Up That it Will Probably Pay Fines in Enforcement Actions
  by Yves Smith 6:47 pm

• Links 2/25/11
  by Yves Smith 6:56 am

• Al Jazeera on Egypt’s Revolt Against Neoliberalism
  by Yves Smith 6:07 am

• Banks Pushing Back Hard on Inadequate Mortgage “Settlement” Trial Balloon
  by Yves Smith 4:55 am

• Gillian Tett on Losses at Central Banks
  by Yves Smith 3:10 am

February 24, 2011

• Matt Stoller: The Liquidation of Society versus the Global Labor Revival
  by Yves Smith 6:13 am

• Links 2/24/11
  by Yves Smith 5:47 am

• Mortgage Fraud Whitewash: $20 Billion “Get Out of Jail Free” Settlement Floated
  by Yves Smith 5:19 am

• Daniel Pennell: MERS Counsel Calls Me
  by Yves Smith 2:52 am

• Bill Fleckenstein and Dylan Ratigan Discuss Commodities and “Individually Smart, Collectively Stupid” Regulators
  by Yves Smith 2:00 am

February 23, 2011

• The Beast’s “David Koch” Speaks to Wisconsin Governor Walker
  by Yves Smith 4:19 pm

• Links 2/23/11
  by Yves Smith 5:35 am

• Guest Post: Cooking up trouble – Soaring food and fuel prices in North Africa and the Middle East
  by Yves Smith 5:32 am

• MERS Endgame Nearing? One County Seeks Over $22 Million for Unpaid Recording Fees
  by Yves Smith 5:01 am

• More Reasons to Be Leery of Infrastructure Sales: Abuses of Rights for Fun and Profit
  by Yves Smith 2:17 am

February 22, 2011

• Links 2/22/11
  by Yves Smith 6:59 am

• Ugly Out There!
  by Yves Smith 6:46 am

• Consumer Stress Continues to Rise While DC Goes into “Mission Enough Accomplished” Mode
  by Yves Smith 5:24 am

• How to Foreclose on Your Bank
  by Yves Smith 3:17 am

• Wisconsin’s Walker Joins Government Asset Giveaway Club (and is Rahm Soon to Follow?)
  by Yves Smith 2:39 am

February 21, 2011

• Guest Post: Libya: Government Bombs Civilians, Top Sunni Cleric Puts Out a Death Warrant on Gadhafi, Son Warns of Foreign Occupation, Native Tribes Revolt
  by George Washington 11:05 pm

• Haldane Unto the Breach
  by Richard Smith 2:55 pm

• The Project Merlin Back Story
  by Richard Smith 11:31 am

• King Dinged
  by Richard Smith 11:29 am

• Links 2/21/11
  by Yves Smith 3:14 am

• SEC Expert on Why It is a Wuss at Litigation
  by Yves Smith 2:40 am

• Guest Post: Market Ecology
  by Rajiv Sethi 12:04 am

February 20, 2011

• Links 2/20/11
  by Yves Smith 6:24 am

• Further Discussion of Krugman on Mervyn King, Greenspan, and Bernanke
  by Yves Smith 6:18 am

• Wisconsin Union Battle: A Convenient Distraction From the Real Culprit in State Budget Woes
  by Yves Smith 4:06 am

• Another Reminder That Crime Pays: No Charges Filed Against Countrywide’s Mozilo
  by Yves Smith 3:04 am

February 19, 2011

• Links 2/19/11
  by Yves Smith 5:33 am

• Bernanke Blames the Global Financial Crisis on China
  by Yves Smith 4:39 am

February 18, 2011

• Guest Post: You Know Those Obnoxious Posters Who Almost Seem Like Alter Egos Of The Same Person? They Actually Might Be …
  by George Washington 11:53 pm

• Budgeting, Australian Style
  by Yves Smith 2:10 pm

• Links 2/18/11
  by Yves Smith 7:04 am

• Quelle Surprise! Cursory Foreclosure Exam Produces Expected Whitewash of Servicer Abuses
  by Yves Smith 6:58 am

• Guest Post: The Price of Oil – Where the Outrage?
  by Yves Smith 5:30 am

• Why Liberals Are Lame
  by Yves Smith 5:22 am

February 17, 2011

• Wisconsin Governor Uses Police State Tactics (Literally) on Democratic Senators (Updated)
  by Yves Smith 6:36 pm

• “Project Merlin” keeps on giving
  by Richard Smith 6:43 am

• Links 2/17/11
  by Yves Smith 3:48 am

• Guest Post: Awareness of Poverty Over Three Centuries
  by Yves Smith 12:53 am

• Boeing’s Multi-Billion Outsourcing Fiasco
  by Yves Smith 12:17 am

February 16, 2011

• Taibbi on Why No One on Wall Street Goes to Jail
  by Yves Smith 6:22 pm

• Another Attempt at Outflanking Mervyn King – this time, by the UK Treasury
  by Richard Smith 10:51 am

• Link 2/16/11
  by Yves Smith 6:38 am

• Obama Happy to Cut Broad Range of Services to Preserve Pentagon Pork
  by Yves Smith 4:15 am

• The 7 Things Really Wrong with the Treasury’s GSE Reform Plan
  by Yves Smith 2:00 am

February 15, 2011

• Our Response to the Center for American Progress Objection to Our Post on Its GSE Reform Proposal
  by Yves Smith 10:30 am

• The Center for American Progress Objects to Our Critique of Its GSE Reform Plan
  by Yves Smith 7:10 am

• Links 2/15/11
  by Yves Smith 6:29 am

• Doug Smith: Social Impact Bonds – Wrong Result, Wrong Way (Part 2)
  by Yves Smith 2:50 am

• Shoddy Anti Derivatives Reform “Study” From Firm That Falsely Claimed Top Academics as Advisor
  by Yves Smith 1:20 am

February 14, 2011

• Jeffrey Sachs on the Budget: “Do we really have to have our own Egypt here in the United States?”
  by Yves Smith 10:43 pm

• Irish Bond Haircuts: Too Little, Too Late
  by Richard Smith 7:12 am

• Matt Stoller: The Egyptian Labor Uprising Against Rubinites
  by Yves Smith 6:30 am

• Links Valentine’s Day
  by Yves Smith 5:00 am

• Doug Smith: Social Impact Bonds – Right Result, Wrong Way (Part 1)
  by Yves Smith 3:00 am

• Why are Half of the FCIC Interviews Being Withheld?
  by Yves Smith 1:59 am

• “Project Merlin” Flags a New Phase of the Bankers vs Regulators Showdown
  by Richard Smith 12:20 am

February 13, 2011

• Links 2/13/11
  by Yves Smith 4:51 am

• Guest Post: The Faulty Economic Development Model Behind America’s Support for Dictators (Instead of Democracies)
  by George Washington 2:58 am

• Mubarak’s Billions Beyond the Reach of Law
  by Yves Smith 2:13 am

• Paulson Denies Culpability in Crisis, Yet Even Bear Turned Down His Deals
  by Yves Smith 1:03 am

February 12, 2011

• Links 2/12/11
  by Yves Smith 3:12 am

• New York Times Article Perpetuates Short-Sighted Management Attitudes
  by Yves Smith 1:50 am

February 11, 2011

• James Galbraith: Deficit Hawks Down – The Misconstrued “Facts” Behind Their Hype
  by Yves Smith 7:03 pm

• So Why is the FCIC Protecting Bernanke & Co?
  by Yves Smith 6:56 pm

• Links 2/11/11
  by Yves Smith 7:02 am

• Chamber of Commerce Law Firm Studied Disinformation, Smear and Coercion Campaign Against Opponents
  by Yves Smith 6:56 am

• Deep T: Australian Banking System on Unstoppable Path to Collapse or Government Bailout
  by Yves Smith 5:07 am

• Is the Proposed NYSE-Deutsche Börse Merger All It’s Cracked Up to Be?
  by Yves Smith 4:07 am

February 10, 2011

• Links 2/10/11
  by Yves Smith 6:57 am

• GSE Headfake: Yet More Looting Branded as “Reform”
  by Yves Smith 6:33 am

• Why the Krugman “I See No Commodities Speculation” Analysis is Flawed
  by Yves Smith 4:55 am

• Exclusive: Harvard Economists Prove that Bankruptcy is Mythical
  by Yves Smith 2:20 am

• Questioning Goldman’s “Market Making” Defense
  by Yves Smith 1:39 am

February 9, 2011

• George Osborne Channels Bob Diamond; that won’t End Well
  by Richard Smith 4:02 pm

• Is AIG Getting Yet More Presents from the Treasury, Meaning the Chump Taxpayer?
  by Yves Smith 10:23 am

• Links 2/9/11
  by Yves Smith 3:46 am

• Quelle Surprise! Tax Increases on Rich Do Not Lead to Exodus
  by Yves Smith 3:36 am

• Amended Complaint in LPS/Prommis Solutions Litigation Provides More Details of Alleged Kickbacks, Impermissible Fee Sharing
  by Yves Smith 2:17 am

February 8, 2011

• Links 2/8/11
  by Yves Smith 5:39 am

• Mirabile Dictu! SEC is Taking a Hard Look At Bad Mortgage Practices
  by Yves Smith 4:42 am

• Tom Ferguson: Memo to Obama – Anything but Democracy Now for Egypt is Building on Sand
  by Yves Smith 3:49 am

• UK About to Implement Massive Tax Break for Banks; Is the US Far Behind? (Updated)
  by Yves Smith 2:56 am

• Krugman, Commodity Prices, and Speculators
  by Yves Smith 1:17 am

• The New York Times’ Half-Hearted Hatchet Job on the Bank of England’s Mervyn King
  by Yves Smith 12:10 am

February 7, 2011

• Guest Post: Rumsfeld Lies About Iraq and the War on Terror … Again
  by George Washington 6:18 pm

• Links 2/7/11
  by Yves Smith 5:49 am

• Florida Foreclosure Mill King David Stern Shows Crime Sure Did Pay
  by Yves Smith 4:27 am

• The IMF’s Epic Fail on Egypt
  by Yves Smith 4:15 am

• AOL Buys Huffington Post
  by Yves Smith 12:21 am

February 6, 2011

• Links 2/6/11
  by Yves Smith 4:01 am

• Guest Post: Leverage, Inequality, and Crises
  by Yves Smith 3:09 am

• Goldman “Partner” Hedging Circumvents Intent of Pay Reforms
  by Yves Smith 12:10 am

February 5, 2011

• Links 2/5/11
  by Yves Smith 4:56 am

• The Specious Logic of Wall Street Pay
  by Yves Smith 3:49 am

• Reagonomics Was Pro Business, Not Pro “Market”: We Speak on Real News Network
  by Yves Smith 2:00 am

• Guest Post: Meanwhile, Back In the OTHER Gulf
  by George Washington 1:22 am

February 4, 2011

• Links 2/4/11
  by Yves Smith 5:06 am

• Floyd Norris Makes Bizarre Comparison to 1983 to Put Smiley Face on Job Outlook
  by Yves Smith 3:49 am

• Alexander Gloy: What a taifun in Vietnam taught me about the Euro crisis
  by Yves Smith 3:28 am

• Pete Peterson Using High School Courses As Trojan Horse for Anti-Social Security, Medicare Propaganda
  by Yves Smith 1:20 am

• We Speak on BNN About Bernanke, Inflation, China
  by Yves Smith 1:15 am

February 3, 2011

• Links 2/3/11
  by Yves Smith 4:15 am

• Wall Street Co-Opting Nominally Liberal Think Tanks; Banks Lobbying to Become New GSEs
  by Yves Smith 3:20 am

• So How Did Major Law Firms Lose Deal Documents on the Way to the Massachusetts Supreme Judicial Court?
  by Yves Smith 2:40 am

• Josh Rosner and Your Humble Blogger Discuss the Roots of the Financial Crisis on Radio Free Dylan
  by Yves Smith 1:33 am

February 2, 2011

• Guest Post: Busted . . . Pro-Mubarak Thugs Are Police Officers
  by George Washington 8:32 pm

• Marshall Auerback: Plan B for Health Care Reform – It’s Called ‘Medicare for All’
  by Yves Smith 1:34 pm

• Call Your Attorney General Tomorrow, February 3, to Call For Tough Penalties for Foreclosure Fraud
  by Yves Smith 12:35 pm

• Guest Post: America Might Be a More Gilded Cage than Egypt … But It Still Looks Like a Cage
  by George Washington 11:02 am

• Links Groundhog Day
  by Yves Smith 6:37 am

• Croesus Watch: Banker Pay Levitates to New Highs
  by Yves Smith 5:37 am

• Florida Bar Says Attorneys Must Report Foreclosure Fraud to Judges
  by Yves Smith 3:29 am

• How Servicer Junk Fees Push Borrowers into Foreclosure
  by Yves Smith 2:36 am

February 1, 2011

• Links 2/1/11
  by Yves Smith 5:12 am

• A Whole Bunch of Prominent Economists Backs the Use of Capital Controls
  by Yves Smith 4:49 am

• Satyajit Das: Derivatives Regulation Dance
  by Yves Smith 2:39 am

• Guest Post: Former Director of the CIA’s Counter-Terrorism Center Says That American Policy in the Middle East is Failing Because the U.S. Doesn’t Believe in Democracy
  by George Washington 12:18 am