Monthly Archives: September 2011

September 30, 2011

• Matt Stoller: Boston Fed – “Avoid Engaging with Any Demonstrators”
  by Yves Smith 6:46 pm

• Game Over: California Attorney General Breaks From “50 State” Mortgage Settlement
  by Yves Smith 6:04 pm

• Links 9/30/11
  by Yves Smith 6:57 am

• Friedrich Hayek Joins Ayn Rand as a Hypocritical User of Medicare
  by Yves Smith 6:55 am

• Quelle Surprise! SIGTARP Report Finds Citi, Bank of America Allowed to Leave TARP Prematurely
  by Yves Smith 6:51 am

• Bank of America to Charge $5/Month for Any Debit Card Use; Financial Reform Blamed
  by Yves Smith 12:41 am

September 29, 2011

• Matt Stoller: #OccupyWallStreet Is a Church of Dissent, Not a Protest
  by Yves Smith 5:25 pm

• Links 9/29/11
  by Yves Smith 6:12 am

• New Zealand: Where Health Scam Companies Get Stock Exchange Listings
  by Richard Smith 6:05 am

• The Bots of FX
  by Yves Smith 4:29 am

• Randy Wray: Euro Toast, Anyone? The Meltdown Picks Up Speed
  by Yves Smith 12:45 am

September 28, 2011

• Why Liberals Are Lame: McCarthyite Identity Politics as Cover for Bankrupt Policies
  by Yves Smith 6:58 am

• Links 9/28/11
  by Yves Smith 6:55 am

• Protestors Disrupting Foreclosure Auctions in California
  by Yves Smith 4:26 am

• Michael Hudson: Debt Deflation in America
  by Yves Smith 4:20 am

• Bank of America Deathwatch: $50 Billion Securities Fraud Suit Over Merrill Acquisition
  by Yves Smith 1:08 am

• Philip Pilkington: Twitterifying Catastrophe
  by Yves Smith 12:50 am

September 27, 2011

• Links 9/27/11
  by Yves Smith 4:52 am

• Is the SEC Finally Taking Serious Aim at the Ratings Agencies?
  by Yves Smith 3:43 am

• Tom Ferguson on America for Sale
  by Yves Smith 2:11 am

September 26, 2011

• Trader on BBC Sounds Alarm About Market Crash
  by Yves Smith 10:16 pm

• Links 9/26/11
  by Yves Smith 4:56 am

• Can European Politicians Beat the Clock and Stave Off a Crisis?
  by Yves Smith 4:49 am

• Jamie Dimon Now Trying to Beat Up on Heads of Central Banks
  by Yves Smith 3:24 am

• “Why Pay for Performance Should Get the Sack”
  by Yves Smith 2:18 am

• Economists Defending the Use of Models
  by Yves Smith 1:22 am

September 25, 2011

• Links 9/25/11
  by Yves Smith 6:18 am

• Welcome to the Police State: NYC Cops Mace Peaceful Protestors Against Wall Street
  by Yves Smith 4:51 am

• Marriner Eccles on the Need to Save the Rich from Themselves
  by Yves Smith 3:39 am

September 24, 2011

• Europe Readying Yet Another “This Really Will Do the Trick” Bailout Package
  by Yves Smith 5:21 pm

• Links 9/24/11
  by Yves Smith 6:01 am

• Obama’s Work for Almost Free, Maybe You Get Hired Program
  by Yves Smith 5:28 am

• The False Dichotomy of Greed
  by Yves Smith 4:07 am

• How the Banks Take Down Politicians (Elizabeth Warren Edition)
  by Yves Smith 2:57 am

September 23, 2011

• Top Bankruptcy Lawyer Harvey Miller on the Possibility of a Countrywide BK
  by Yves Smith 1:53 pm

• Links 9/23/11
  by Yves Smith 5:06 am

• Matt Stoller: Did Geithner Really Undermine Obama on Nationalizing Citigroup?
  by Yves Smith 4:30 am

• Philip Pilkington: The History of Greed – An Interview with Jeff Madrick
  by Yves Smith 4:15 am

• Europe Must Choose
  by Yves Smith 4:05 am

September 22, 2011

• Marshall Auerback: The ECB v. Germany
  by Yves Smith 6:12 pm

• How markets interpreted the Fed’s Operation Twist as a sign of double dip
  by Edward Harrison 2:18 pm

• Jim Chanos on China’s Contingent Liabilities
  by Edward Harrison 8:48 am

• Links 9/22/11
  by Yves Smith 4:48 am

• Economics Debunked: Chapter Two for Sixth Graders
  by Yves Smith 4:35 am

• Banking Updates: More 50 State Settlement Follies; Moody’s Downgrade of Bank of America
  by Yves Smith 3:30 am

• Randy Wray: The Biggest Bubble of All Time – Commodities Market Speculation
  by Yves Smith 1:23 am

September 21, 2011

• The Fed Twists in the Breeze
  by Yves Smith 3:43 pm

• Links 9/21/11
  by Yves Smith 6:00 am

• Bill Black: Why do Banking Regulators bother to Conduct Faux Stress Tests?
  by Yves Smith 5:09 am

• Elizabeth Warren Leads Scott Brown by 2 Points in Latest Poll
  by Yves Smith 4:55 am

• New Zealand: a Great Place to do Business…and Scams
  by Richard Smith 1:31 am

September 20, 2011

• Guest Post: Obama Thinks that High Unemployment Is Okay – Unwise for Government to Spur Hiring
  by George Washington 7:26 pm

• Links 9/20/11
  by Yves Smith 4:36 am

• The Very Important and of Course Blacklisted BIS Paper About the Crisis
  by Yves Smith 3:43 am

• Hidden Cost of Greece, Euro Crisis: Suicides
  by Yves Smith 2:11 am

• June Carbone: Why David Brooks Misses the Real Source of Moral Decay – Thirty Years of Class Warfare Against the Working Class
  by Yves Smith 12:01 am

September 19, 2011

• Guest Post: Will Tokyo Be Evacuated Due to Fukushima Radiation?
  by George Washington 11:39 pm

• German banks need 127 billion euros more capital: report
  by Edward Harrison 7:29 pm

• Links 9/19/11
  by Yves Smith 6:13 am

• Income Inequality Produces Indebtedness and Global Imbalances
  by Yves Smith 5:29 am

• Richard Alford: The (Re)Education of Ben Bernanke and the FOMC
  by Yves Smith 4:35 am

• Bank of New York: A Train Wreck Waiting to Happen?
  by Yves Smith 3:54 am

September 18, 2011

• Links 9/18/11
  by Yves Smith 4:55 am

• Are Private Investigators Being Used to Intimidate New York Attorney General Schneiderman’s Staff?
  by Yves Smith 4:00 am

• Satyajit Das: The Financial Compass
  by Yves Smith 3:33 am

September 17, 2011

• Links 9/17/11
  by Yves Smith 4:18 am

• Sanity Check: “Revolt Over Risks of Elite Class of Bankers”
  by Yves Smith 4:10 am

• Nurses Hold Actions Across Country Demanding Wall Street Transaction Tax
  by Yves Smith 3:47 am

September 16, 2011

• More on the European Bank Bailout
  by Edward Harrison 1:51 pm

• Matt Stoller: Authorized Losses – The Lehman Lesson UBS’s Rogue Trader Missed
  by Yves Smith 12:30 pm

• Links 9/16/11
  by Yves Smith 5:53 am

• The Fed Bails Out Eurobanks Yet Again
  by Yves Smith 5:20 am

• Latest Lame Obama Excuse: “Geithner Blew Me Off”
  by Yves Smith 2:42 am

• “Australia has Baumol’s disease”
  by Yves Smith 2:20 am

September 15, 2011

• Matt Stoller: Happy Lehman Brothers Bankruptcy Day
  by Yves Smith 10:18 am

• Links 9/15/11
  by Yves Smith 2:48 am

• Anne Sibert: The damaged ECB legitimacy
  by Yves Smith 12:39 am

September 14, 2011

• Bianco on earnings volatility and recession
  by Edward Harrison 4:47 pm

• Links 9/14/11
  by Yves Smith 6:17 am

• New York Times Runs PR for Bank of America’s Headcount-Cutting Profiteers
  by Yves Smith 5:36 am

• Guest Post: Massive New Radiation Releases Possible from Fukushima … Especially If Melted Core Materials Hit Water
  by George Washington 2:52 am

• Poverty Rate Highest Since 1993; Median Income Reveals Lost Decade and a Half
  by Yves Smith 1:10 am

• Elizabeth Warren to Announce Senate Campaign Tomorrow
  by Yves Smith 12:01 am

September 13, 2011

• Guest Post: Obama Team Feared Revolt If He Prosecuted War Crimes
  by George Washington 12:52 pm

• Links 9/13/11
  by Yves Smith 3:33 am

• David Graeber: On the Invention of Money – Notes on Sex, Adventure, Monomaniacal Sociopathy and the True Function of Economics
  by Yves Smith 2:10 am

September 12, 2011

• Ian Fraser: Do the UK’s “Vickers” Banking Reforms Go Far Enough?
  by Yves Smith 10:45 pm

• Tape Painting or Real Rally?
  by Edward Harrison 9:45 pm

• Euro SOS
  by Yves Smith 6:14 pm

• Links 9/12/11
  by Yves Smith 5:56 am

• Jurgen Stark = Credit Anstalt 2.0 (and Euromarkets Reacting Accordingly)
  by Yves Smith 5:41 am

• The Financial Zoo: An Interview with Satyajit Das – Part II
  by Yves Smith 5:20 am

• Dimon Says US Banks Should Dictate to Regulators
  by Yves Smith 3:48 am

September 11, 2011

• Economists Debate Ethics in Economics
  by Yves Smith 10:32 pm

• Richard Kline: Progressively Losing
  by Yves Smith 3:45 am

• Links 9/11/11
  by Yves Smith 3:03 am

• The Decline of Manufacturing in America: The Role of Government Neglect
  by Yves Smith 3:00 am

September 10, 2011

• Links 9/10/11
  by Yves Smith 3:00 am

• Employers Diss Obama Job Plan
  by Yves Smith 12:28 am

• Summer Rerun: A Conflict of Interest is Not a Conflict of Interest If It Involves Goldman
  by Yves Smith 12:01 am

September 9, 2011

• Rob Parenteau: Revisiting the PIIGS Led to Slaughter Perspective – Implications of a Greek Default
  by Yves Smith 4:08 pm

• Few options left to save the euro zone
  by Edward Harrison 7:57 am

• Links 9/9/11
  by Yves Smith 2:28 am

• Obama Jobs Plan Tax Cuts Threaten Social Security
  by Yves Smith 2:23 am

• Bernanke “Let Them Buy Cake” Reveals Pathological Blindness
  by Yves Smith 2:09 am

September 8, 2011

• Banks Have Hissy Fit, Cancel Meeting With Attorneys General Due to FHFA Mortgage Litigation
  by Yves Smith 10:29 pm

• Links 9/8/11
  by Yves Smith 2:23 am

• Payday Loans Are Dead! Long Live Payday Loans!
  by Yves Smith 1:32 am

• Florida Appellate Decision May Be a Major Obstacle to Foreclosure
  by Yves Smith 12:22 am

September 7, 2011

• Randy Wray: Helicopter Ben – How Modern Money Theory Responds to Hyperinflation Hyperventilators
  by Yves Smith 11:39 am

• Links 9/7/11
  by Yves Smith 3:16 am

• More Proof of DoJ Lack of Interest in Enforcing the Law: The Case of the Kickback-Demanding Banks
  by Yves Smith 1:17 am

• The Financial Zoo: An Interview with Satyajit Das – Part I
  by Yves Smith 12:01 am

September 6, 2011

• Matt Stoller: The Corrupt Establishment Begins Smearing Eric Schneiderman
  by Yves Smith 6:30 pm

• Obama Labor Day Speech Praises Union Concessions
  by Yves Smith 3:02 pm

• Links 9/6/11
  by Yves Smith 3:50 am

• 50 State Attorney General Effort to Sell Out to Banks Makes Even More Egregious Offer
  by Yves Smith 3:15 am

• “Welcome to Phase 2 of the Eurozone Crisis”
  by Yves Smith 1:56 am

September 5, 2011

• Links Labor Day
  by Yves Smith 5:36 am

• The Decline of Manufacturing in America: A Case Study
  by Yves Smith 4:04 am

• Quelle Surprise! Partitioning Bank Retail and Wholesale Operations Won’t Cost Much
  by Yves Smith 1:48 am

• Iowa Attorney General Tom Miller’s Yawning Credibility Gap
  by Yves Smith 1:21 am

September 4, 2011

• Links 9/4/11
  by Yves Smith 3:27 am

• Summer Rerun: Bankruptcy Cramdown Defeated: Banksters Again Prevail Over Real Economy
  by Yves Smith 12:01 am

September 3, 2011

• Links 9/3/11
  by Yves Smith 1:17 am

• Philip Pilkington: The Irish Establishment – Mad as Goats?
  by Yves Smith 1:00 am

• How is Your (Holiday) Economy Doing?
  by Yves Smith 12:01 am

September 2, 2011

• Links 9/2/11
  by Yves Smith 2:43 am

• The More You Look, The More Bank Criminality You Find in Mortgage Land
  by Yves Smith 2:39 am

• Regulators Ask Bank of America About Contingency Plans
  by Yves Smith 1:50 am

September 1, 2011

• Hoover’s Great Depression
  by Edward Harrison 11:36 pm

• Dumb things bloggers say
  by Edward Harrison 10:03 pm

• Links 9/1/11
  by Yves Smith 6:43 am

• VoxEU: If banks should act as utilities, why not treat them as such?
  by Richard Smith 6:14 am

• Chinese manufacturing takes a hit from abroad
  by Richard Smith 2:56 am