Monthly Archives: January 2012

January 31, 2012

• Why is the Normally Astute Taibbi Sounding Like a Hopey Dopey Liberal on the Mortgage Settlement?
  by Yves Smith 4:12 pm

• Michael Hudson: The Man Who Fired Greenspan
  by Yves Smith 4:08 pm

• Links 1/31/12
  by Yves Smith 2:45 am

• Mainstream Economics as Ideology: An Interview with Rod Hill and Tony Myatt — Part I
  by Yves Smith 1:12 am

• ProPublica’s Off Base Charges About Freddie Mac’s Mortgage “Bets”
  by Yves Smith 1:06 am

• Satyajit Das: Top Secret – The Chinese Envoy’s Briefing Paper On The Australian Economic Outlook (Part II)
  by Yves Smith 1:05 am

January 30, 2012

• So Why Hasn’t SEC Enforcement Chief Robert Khuzami Resigned? SEC Only Now Investigating CDOs Created on His Watch at Deutsche Bank
  by Yves Smith 2:46 pm

• Links 01/30/2012
  by Lambert Strether 6:50 am

• Marshall Auerback: Anschluss Economics – The Germans Launch a Blitzkrieg on the Greek Debt Negotiations
  by Yves Smith 12:46 am

• Satyajit Das: Top Secret – The Chinese Envoy’s Briefing Paper On Australia’s Economy (Part I)
  by Yves Smith 12:10 am

January 29, 2012

• Guest Post: ACTA: “Would Usurp Congressional Authority”, “Threatens Numerous Public Interests”, a “Backroom Special Interest Deal”, a “Masquerade”
  by George Washington 11:49 pm

• #SolidaritySunday
  by Lambert Strether 8:39 pm

• Obama’s SOTU, authoritarian followership, and civil society: Part I
  by Lambert Strether 2:20 am

• Links 1/29/12
  by Yves Smith 1:48 am

• Doug Smith: Useful Idiot Watch – Matt Yglesias
  by Yves Smith 12:47 am

January 28, 2012

• Oakland City Hall Under Siege by #OccupyOakland
  by Yves Smith 11:39 pm

• Obama’s SOTU: GM is a Terrible Model for US Manufacturing
  by Lambert Strether 11:50 am

• Links 01/28/12
  by Lambert Strether 5:25 am

January 27, 2012

• Lanny Breuer, Task Force Leader, Doesn’t Bother Showing Up For Mortgage Fraud Press Conference
  by Matt Stoller 6:06 pm

• Can the Schneiderman-Infused Financial Fraud Unit Prosecute Vikram Pandit?
  by Matt Stoller 4:37 pm

• Michael Hudson: Banks Weren’t Meant to Be Like This
  by Yves Smith 6:36 am

• “Mortgage Fraud is a Top Priority for This Administration”
  by Matt Stoller 6:01 am

• Links, 1/27/12
  by Matt Stoller 5:55 am

January 26, 2012

• Philip Pilkington: Is QE/ZIRP Killing Demand?
  by Yves Smith 5:59 am

• Links Australia Day
  by Yves Smith 5:15 am

• More Caution and Skepticism About Federal Mortgage “Investigation”
  by Yves Smith 4:16 am

• Quelle Surprise! Bank of America Accused of Blocking Arizona AG Investigation
  by Yves Smith 3:17 am

• Yes, Virginia, Servicers Lie to Investors Too: $175 Billion in Loan Losses Not Allocated to Mortgage Backed Securities (and Another $300 Billion on the Way)
  by Yves Smith 1:26 am

January 25, 2012

• Tom Ferguson on SOTU: New Financial Fraud Commision Could Actually Slow Down Investigations
  by Yves Smith 1:24 pm

• Links 1/25/12
  by Yves Smith 4:16 am

• Germany Loses Its Grip
  by Yves Smith 3:47 am

• Lessons for Europe’s Fiscal Union from US Federalism
  by Yves Smith 3:22 am

• Is Schneiderman Selling Out? Joins Federal Committee That Looks Designed to Undermine AGs Against Mortgage Settlement Deal
  by Yves Smith 1:47 am

January 24, 2012

• Will the Mitt/Newt Slugfest Boost the Occupy Movement?
  by Yves Smith 1:38 pm

• Links 1/24/12
  by Yves Smith 3:30 am

• David Stockman Disses Private Equity Business Acumen on Dylan Ratigan Show
  by Yves Smith 2:57 am

• Quelle Surprise! It’s Better to Run a Private Equity Fund than Invest in One
  by Yves Smith 1:53 am

• Paul Krugman Makes Housing Call He Will Likely Come to Regret
  by Yves Smith 12:40 am

January 23, 2012

• Thanks NC Readers! Tom Miller Says No Mortgage Deal Imminent
  by Yves Smith 6:36 pm

• Links 1/23/12
  by Yves Smith 3:30 am

• Obama to Use Pension Funds of Ordinary Americans to Pay for Bank Mortgage “Settlement”
  by Yves Smith 3:25 am

• Philip Pilkington: ‘Does Capitalism Have a Future?’ – Why the Financial Times Asks All the Wrong Questions to Avoid the Real Issues
  by Yves Smith 3:20 am

• Greece Lines Up Portugal
  by Yves Smith 2:13 am

January 22, 2012

• Links 1/22/12
  by Yves Smith 2:49 am

• New York Times Tells Us Only Chinese Near Slave Labor Could Handle Steve Jobs’ Demands
  by Yves Smith 2:20 am

• Advisors Feast on the Lehman Carcass: Bankruptcy on its Way to $2 Billion in Fees
  by Yves Smith 12:00 am

January 21, 2012

• Guest Post: Did the Feds Just Kill the Cloud Storage Model?
  by George Washington 11:29 pm

• Links 1/21/12
  by Yves Smith 2:22 am

• Spain’s “Indignados” and the Globalization of Dissent
  by Yves Smith 12:55 am

January 20, 2012

• Links 1/20/12
  by Yves Smith 5:12 am

• Call Your Attorney General Today to Oppose Big Obama Push to Get Mortgage Settlement Deal Done
  by Yves Smith 4:30 am

• Bending the Rule of Law to Help the Banks: Effort to Draft a National Foreclosure Statute Underway
  by Yves Smith 3:20 am

• Is the “It Takes Forever to Foreclose” Meme a Big Bank Flattering Exaggeration?
  by Yves Smith 1:57 am

January 19, 2012

• More Evidence that JP Morgan Stuck the Knife in MF Global
  by Yves Smith 11:15 pm

• Guest Post: Democrats Are the Ones Pushing Web Censorship
  by George Washington 7:04 pm

• Links 1/19/12
  by Yves Smith 4:28 am

• Paul Davidson: What Makes Economists So Sure of Themselves, Anyway?
  by Yves Smith 3:53 am

• Zombie Europe
  by Yves Smith 3:51 am

• Class Action Lawsuit Alleges JP Morgan Engaged in Systematic Document Fabrication to Move Mortgage Losses from Its Books into Mortgage Backed Securities
  by Yves Smith 3:13 am

• So Why Has the IMF Asked for $500 Billion That it Probably Won’t Get?
  by Yves Smith 12:37 am

January 18, 2012

• Links 1/18/12, Stop SOPA Day
  by Yves Smith 5:36 am

• Obama to Try Better Smoke and Mirrors to Address Housing Market Woes
  by Yves Smith 5:31 am

• Greece Poised to Default
  by Yves Smith 3:01 am

• Bloomberg News Joins the “Inside Job” Team, Objects to Economics’ Inadequate Conflict of Interest Standards
  by Yves Smith 1:53 am

January 17, 2012

• #Occupy the SEC Submits Letter on Volcker Rule to House Financial Services Committee Hearing (#OWS)
  by Yves Smith 11:29 pm

• Martin Luther King v. Mitt Romney
  by Yves Smith 5:30 pm

• The Chinese Growth Story
  by Edward Harrison 3:40 pm

• Matt Stoller: Quelle Surprise! The Federal Reserve Knew About the Housing Bubble in 2004
  by Yves Smith 3:18 pm

• Links 1/17/12
  by Yves Smith 5:14 am

• Satyajit Das: Europe’s The Road to Nowhere, Part II – Roadblocks Ahead
  by Yves Smith 4:09 am

January 16, 2012

• MERS, the law, and the State
  by Lambert Strether 8:18 pm

• Ron Paul Debate Flushes Out Gender-Baiting Right Wing Opportunists Masquerading as Progressives
  by Yves Smith 2:25 pm

• S&P Downgrades Europe Rescue Fund
  by Yves Smith 1:55 pm

• Links 1/16/12
  by Yves Smith 1:20 am

• The Occupations in Winter
  by Lambert Strether 1:02 am

• Adam Davidson, the 1%’s Lord Haw-Haw, Fellates Wall Street
  by Yves Smith 1:01 am

January 15, 2012

• Links 1/15/2012
  by Lambert Strether 6:50 am

January 14, 2012

• George Washington: Corrupt Regimes Crumble When the Foot Soldiers Refuse to Carry Out The Tyrant’s Draconian Orders
  by Lambert Strether 6:39 pm

• John Henry: A Federally-Funded Jobs Program? Lessons from the WPA
  by Lambert Strether 10:00 am

• Links 1/14/12
  by Lambert Strether 6:50 am

January 13, 2012

• Matt Stoller: Fed Transcripts – Why Was Congress in the Dark During the Crafting of Dodd-Frank?
  by Yves Smith 5:49 pm

• Wolf Richter: Greece – Disagreement Everywhere, Rift in the Troika
  by Yves Smith 1:03 pm

• Links 1/13/12
  by Yves Smith 4:24 am

• Big Defection in Attorney General Mortgage Settlement: 12 States Having Parallel Talks
  by Yves Smith 2:38 am

• Bank of America Prepares Emergency Plans at Fed Behest, May Need to Amputate on Geographic Basis
  by Yves Smith 12:17 am

January 12, 2012

• #Occupy Wall Street Returns to Zuccotti Park (#OWS)
  by Yves Smith 4:13 pm

• Links 1/12/12
  by Yves Smith 4:16 am

• Philip Pilkington: Fear and Loathing in the Financial Markets – What Happens to the Economy When the Oil Bubble Bursts?
  by Yves Smith 2:08 am

• Satyajit Das: Europe’s The Road to Nowhere, Part I – Fiscal Bondage
  by Yves Smith 1:42 am

January 11, 2012

• Germany is already in a recession too
  by Edward Harrison 5:51 pm

• Michael Olenick: 9.8 Million Shadow Inventory Says Housing Market is a Long Way From the Bottom
  by Yves Smith 1:35 pm

• Links 1/11/12
  by Yves Smith 3:43 am

• Why Banks Back SOPA, the “Bring the Chinese Internet to America” Bill
  by Yves Smith 1:40 am

January 10, 2012

• More on Corruption in the Florida Attorney General’s Office: Staff Intervenes to Help Lender Processing Services When it is the Target of a Fraud Investigation
  by Yves Smith 4:35 pm

• Bill Black: More Proof of Obama Policy of Covering Up for Elite Financial Criminals
  by Yves Smith 1:43 pm

• Chris Cook: Naked Oil
  by Yves Smith 6:55 am

• Links 1/10/12
  by Yves Smith 3:59 am

• GAO Goes After Administration “TARP Made Money” Claim
  by Yves Smith 3:24 am

January 9, 2012

• Hatchet Job by Florida Inspector General to Justify Firing of Two Lawyers for Foreclosure Fraud Investigations
  by Yves Smith 7:18 pm

• Doctors Call for Fracking Moratorium
  by Yves Smith 1:35 pm

• Naked Capitalism, “A Home for All Sorts of Bircher Nonsense”
  by Matt Stoller 6:17 am

• Links 1/9/12
  by Yves Smith 3:33 am

• American Exceptionalism and Euro-Bashing, Adam Davidson Style
  by Yves Smith 2:43 am

• Philip Pilkington: Bubbles and Beauty Contests – To What Extent is Keynes Relevant to Investors?
  by Yves Smith 12:10 am

January 8, 2012

• Links 1/8/12
  by Yves Smith 1:52 am

• Tom Ferguson: The Devil and Rick Santorum – Dilemmas of a Holy Owned Subsidiary
  by Yves Smith 12:20 am

• Ian Fraser: The Economist Loses the Plot With This Shallow, Pro-City Propaganda
  by Yves Smith 12:10 am

January 7, 2012

• Links 1/7/12
  by Yves Smith 1:17 am

• Wolf Richter: “German Success Recipe” or Blip?
  by Yves Smith 12:45 am

• Whither Volcker Rule and Other Options for Reining in Big Bad Banks
  by Yves Smith 12:25 am

January 6, 2012

• NY Fed President Dudley Crosses Swords With GSEs and Board of Governors on Housing/Mortgage Mess
  by Yves Smith 7:06 pm

• Links 1/6/12
  by Yves Smith 3:33 am

• Quelle Surprise! Banks Plan to Fob off Some of the Costs of Multi-State Mortgage Settlement on Investors
  by Yves Smith 3:00 am

• What if We Focus on Boosting Employment Rather Than Growth?
  by Yves Smith 2:57 am

• Philip Pilkington: When Economic Journalists Get Out of Their Depth
  by Yves Smith 12:39 am

January 5, 2012

• Yes, Virginia, Brokerage Firms Keeping Client Ripoff Provisions in Customer Agreements in the Wake of MF Global
  by Yves Smith 5:05 pm

• The Reactionary Mind – The Truth About Conservatism: An Interview with Corey Robin Part II
  by Yves Smith 2:59 am

• Links 1/5/12
  by Yves Smith 2:53 am

• Quelle Surprise! Fed Sees We Have a Big Mortgage Problem
  by Yves Smith 1:47 am

January 4, 2012

• Is Management Getting Worse?
  by Yves Smith 1:34 pm

• Obama to Make Recess Appointment of Richard Cordray to Head Consumer Financial Protection Bureau
  by Yves Smith 10:42 am

• Philip Pilkington: The Reactionary Mind – The Truth About Conservatism; An Interview with Corey Robin Part I
  by Yves Smith 1:50 am

• Links 1/4/12
  by Yves Smith 1:12 am

• Amar Bhide: Backstopped Banking Must Be Boring
  by Yves Smith 12:49 am

January 3, 2012

• Obama’s War on Whistleblowers
  by Yves Smith 11:29 pm

• Win for MBIA in Ruling Against Countrywide (Updated: Maybe Not Really)
  by Yves Smith 4:47 pm

• You Cannot Make This Up: New Criterion Tells Us We Should Ditch Social Security Because All Minimum Wage Earners Can Become Millionaires
  by Yves Smith 2:10 pm

• Links 1/3/12
  by Yves Smith 6:58 am

• Philip Pilkington: Of Idiocy and Anomie – Ron Paul vs. the Nanny State Liberals
  by Yves Smith 6:45 am

• Mark Ames: Failing Up With Joshua Foust – Meet The “Evil Genius” Massacre-Denier Who Shills For War Profiteers
  by Yves Smith 12:15 am

January 2, 2012

• Adam Curtis on Rupert Murdoch
  by Yves Smith 4:43 pm

• Rajiv Sethi: Self-Fulfilling Prophecies and the Iowa Caucus
  by Lambert Strether 12:06 pm

• Crowd-Sourcing the Revolving Door
  by Lambert Strether 10:22 am

• Michael Olenick: Is Shadow Housing Inventory Vastly Larger Than Widely Believed?
  by Yves Smith 6:55 am

• Links 1/2/12
  by Lambert Strether 6:50 am

• More Bank Chicanery: Double Charging on Escrow Fees
  by Yves Smith 1:29 am

• Reader Notice
  by Yves Smith 12:10 am

January 1, 2012

• George Washington: Fly your own drone for under $300
  by Lambert Strether 9:13 pm

• Thought for the New Year: Step Away from the Computer
  by Lambert Strether 10:00 am

• Missing: 13.3 Billion Deutschmarks
  by Lambert Strether 9:00 am

• Links New Year’s Day
  by Lambert Strether 6:50 am

• Happy New Year!
  by Yves Smith 12:01 am