Monthly Archives: March 2012

March 31, 2012

• Links 3/31/12
  by Yves Smith 2:45 am

• Atheists Rally on National Mall
  by Yves Smith 1:06 am

• Europe Moving Beyond the LTRO
  by Yves Smith 12:02 am

March 30, 2012

• Links 3/30/12
  by Yves Smith 2:00 am

• Michael Olenick: Housing Pundit Thomas Lawler and the Genesis of Lawlessness
  by Yves Smith 1:05 am

• Wolf Richter: Taking Bosses Hostage – A Labor Negotiating Tactic In France
  by Yves Smith 12:28 am

March 29, 2012

• Abigail Field: Mortgage Settlement Institutionalizes Foreclosure Fraud
  by Yves Smith 4:33 pm

• Dying for Satisfaction: Being Happy with Your Doctor is Bad for Your Health
  by Yves Smith 3:30 pm

• Links 3/29/12
  by Yves Smith 2:03 am

• Michael Hudson on the Federal Reserve System
  by Yves Smith 12:47 am

• Philip Pilkington: MMT to the Rescue in the the Eurozone?
  by Yves Smith 12:31 am

March 28, 2012

• Housing Bubbles, House Prices, and Interest Rates
  by Yves Smith 11:47 pm

• Latest Award of Frederic Mishkin Iceland Prize for Intellectual Integrity: Promontory Financial Whitewash of MF Global’s Risk Control
  by Yves Smith 4:22 pm

• Spain Follows Greece
  by Yves Smith 1:14 pm

• Links 3/28/12
  by Yves Smith 1:50 am

• Philip Pilkington: Krugman Makes Accusations of Fundamentalism to Defend His Own Dogma
  by Yves Smith 12:50 am

• Sheila Bair Told Administration Its Housing Programs Would Bomb, Was Rebuffed on Better Solutions
  by Yves Smith 12:35 am

• Foreclosure Fraud 101: A Step-By-Step Look at One of the Most Common Fixes for Securitization Fail
  by Yves Smith 12:05 am

March 27, 2012

• Goldman Ex-Prop Traders Flopping on Their Own
  by Yves Smith 2:41 pm

• Europe Holds Back the Fire for Now
  by Yves Smith 11:28 am

• Links 3/27/12
  by Yves Smith 1:40 am

• Not-So-Dumb Consumers Shun OCC’s Bogus Foreclosure Reviews
  by Yves Smith 12:59 am

• Bill Black on How the Jumpstart Obama’s Bucket Shops Act is Just Another in a Long Series of Fraud-Promoting Legislation
  by Yves Smith 12:01 am

March 26, 2012

• World Bank Nominee Kim Under Fire for “Dying for Growth” Book
  by Yves Smith 5:59 pm

• A Qualified Defense of DeMarco, the Administration’s Favorite Scapegoat for Its Failed Housing Policies (Updated)
  by Yves Smith 3:55 pm

• Links 3/26/12
  by Lambert Strether 6:50 am

• On the Meaningless of Contracts and the New Optionality
  by Yves Smith 12:10 am

• Bill Black: “The only winning move is not to play”—the insanity of the regulatory race to the bottom
  by Lambert Strether 12:01 am

• Four things I learned last week
  by Lambert Strether 12:01 am

March 25, 2012

• Links 3/25/12
  by Yves Smith 6:55 am

• Adam Davidson Presents the Trophy Nanny as 1% Status Symbol
  by Yves Smith 12:30 am

• Victory in Oakland County Transfer Tax Case Paves Way for Other Michigan Suits Against Fannie and Freddie
  by Yves Smith 12:10 am

• Daniel Alpert: Consumer Credit Growing at Highest Rate in Past Decade – Unhealthy and Unsustainable?
  by Yves Smith 12:01 am

March 24, 2012

• Links 3/24/12
  by Yves Smith 6:55 am

• China’s Real Choices for Growth
  by Yves Smith 12:15 am

• Israel, the US Elections and the “Jewish Swing Vote”
  by Yves Smith 12:10 am

March 23, 2012

• Memo Show Corzine Ordered Raiding MF Global Customer Account of $200 Million
  by Yves Smith 5:21 pm

• Europe’s Counterproductive Economic Policies Proceeding as Expected
  by Yves Smith 4:28 pm

• Links 3/23/12
  by Yves Smith 6:55 am

• Bank of America Launches Test “Mortgage to Lease” Program – Should We Be Impressed?
  by Yves Smith 1:04 am

• Mark Ames: The One Percent’s Plan for the Rest of Us – Livestock to be Milked for “Rent”
  by Yves Smith 12:36 am

March 22, 2012

• The Right v. the EPA
  by Yves Smith 5:42 pm

• Yes, Virginia, Heads of Nonprofits Get Egregious Salaries Too
  by Yves Smith 5:10 pm

• Links 3/22/12
  by Yves Smith 8:36 am

• On Journalists Moonlighting as Big Ticket Speakers for Financial Firms
  by Yves Smith 12:27 am

March 21, 2012

• Dallas Fed’s Fisher Criticizes Dodd Frank as Not Going Far Enough on TBTF
  by Yves Smith 3:48 pm

• Links 3/21/12
  by Yves Smith 6:55 am

March 20, 2012

• Why You Should Hate the “Jumpstart Obama’s Bucket Shops” Act
  by Yves Smith 5:27 pm

• Guest Post: Study: Genetically Modified Corn Increases Body Weight in Rats
  by George Washington 5:15 pm

• Debunking the Myth That an SEC Capital Rule Change Helped Cause the Crisis
  by Yves Smith 3:43 pm

• Links 3/20/12
  by Yves Smith 6:55 am

• Wolf Richter: China, the Number One Foreign Investor in Germany
  by Yves Smith 12:10 am

• Philip Pilkington: Scattergun Economics – The BBC’s Stephanie Flanders Muddies an Already Impenetrable Argument
  by Yves Smith 12:01 am

March 19, 2012

• Understanding the Australian economy
  by Lambert Strether 5:00 pm

• Links 3/19/2012
  by Lambert Strether 6:50 am

March 18, 2012

• Roger Lowenstein’s Disgraceful Propagandizing via “Bernanke as Hero” Piece
  by Yves Smith 7:55 pm

• Push for Bankster-Friendly Rep from the Upper East Side Carolyn Maloney Over Uppity Maxine Waters to Head House Financial Service Committee
  by Yves Smith 7:54 pm

• Mayor-for-Life Bloomberg’s NYPD arrests French bagpipe players at OWS six-month celebration in Zuccotti Park. Also, police violence against the non-violent
  by Lambert Strether 11:45 am

• Links 3/18/12
  by Yves Smith 1:37 am

• Yet Another Reason to Hate the Mortgage Settlement: The Release is Botched
  by Yves Smith 1:35 am

• AARP Back in Bed With Effort to Cut Social Security and Medicare
  by Yves Smith 12:01 am

March 17, 2012

• Links 3/17/12
  by Yves Smith 2:41 am

• Neil Barofsky, Matt Stoller, and Your Humble Blogger on Why the Mortgage Settlement Sucks
  by Yves Smith 12:25 am

• Ian Fraser: Will We Finally See Some Bank Board Members Face the Music?
  by Yves Smith 12:01 am

March 16, 2012

• Links 3/16/12
  by Yves Smith 5:23 am

• David Apgar: The Trouble With Jeff Sachs
  by Yves Smith 4:26 am

• Chris Cook: Spikes and Speculation in the Oil Market – Flash Crash Part Deux?
  by Yves Smith 4:20 am

• US Air’s Consumer Fraud, or Yet Another Reminder Why We Need Regulation
  by Yves Smith 3:25 am

• Bill Black: (Re) Occupy Greece
  by Yves Smith 1:03 am

March 15, 2012

• Daniel Alpert: Deconstructing the Federal Reserve’s 2012 Comprehensive Capital Analysis and Review
  by Lambert Strether 12:10 pm

• Satyajit Das: “All Feasts Must Come to an End” – Fake Goods, Fake Growth? (Part 3)
  by Matt Stoller 10:00 am

• Matt Stoller: On Foreclosure Fraud, One of the Good Guys Gets a Win for a Change
  by Matt Stoller 7:10 am

• Links, 3/15: Some Secret Schumer-led Deregulation
  by Matt Stoller 5:59 am

• We Speak on RT TV About Goldman’s Predatory Culture and the Latest Stress Tests
  by Yves Smith 12:15 am

• Philip Pilkington: The Irish Begin to Wake Up to the Fact That They are Repaying Money That is Then Burned
  by Yves Smith 12:01 am

March 14, 2012

• Matt Stoller: MF Global, MBS, and the Goldman Resignation
  by Matt Stoller 5:04 pm

• Matt Stoller: HUD Secretary Shaun Donovan Attacks MBS Investors as Liars on Settlement
  by Matt Stoller 4:17 pm

• Matt Stoller: Robosigning Still Going on at Wells Fargo, Reports HUD Inspector General
  by Matt Stoller 11:50 am

• Satyajit Das: “All Feasts Must Come to an End” – China’s Debt & Investment Fueled Growth (Part 2)
  by Matt Stoller 10:00 am

• Links 3/14/12
  by Matt Stoller 6:55 am

March 13, 2012

• Tom Ferguson: Obama Lunches With Bloomberg? Here’s What’s Really Afoot When it Comes to Political Money
  by Matt Stoller 10:00 pm

• Links 3/13/12
  by Yves Smith 6:50 am

• Memo to Shaun Donovan: Your Nose is Getting So Long You Need to Get a Hacksaw
  by Yves Smith 2:58 am

• JP Morgan Under OCC Investigation for Serious Debt Collection Abuses; Warnings Ignored for Over Two Years
  by Yves Smith 1:42 am

• Philip Pilkington: Falling for Behaviourism – The Neoclassicals Join a New Cult
  by Yves Smith 12:14 am

• Satyajit Das: “All Feasts Must Come to an End” – China’s Debt & Investment Fueled Growth (Part 1)
  by Yves Smith 12:01 am

March 12, 2012

• Is the Fed Going to Go Easy on the Banks to Help Obama?
  by Yves Smith 6:24 pm

• The Legal Lie at the Heart of the $8.5 Billion Bank of America and Federal/State Mortgage Settlements
  by Yves Smith 6:55 am

• Links 3/12/12
  by Lambert Strether 6:50 am

• Occupy the Garden
  by Lambert Strether 3:38 am

March 11, 2012

• Robert Cowley, 2nd Baron Ardwhallan: an Unauthorized Web Biography (II)
  by Richard Smith 8:00 pm

• Michael Pettis: The World Bank Proposes Tough Medicine For China
  by Lambert Strether 7:03 pm

• Links 3/11/12
  by Yves Smith 3:01 am

• Michael Olenick: Beware of Housing Market Cheerleading
  by Yves Smith 12:22 am

• Taxing the Rich Does Not Hurt Jobs
  by Yves Smith 12:16 am

March 10, 2012

• Links 3/10/12
  by Yves Smith 5:23 am

• Reader Query: What Sleazy Con Artist Does the Obama “Greatness” Campaign Evoke?
  by Yves Smith 4:57 am

• Latest Borrower Trap? Trial Mod Offers With No Permanent Mod Terms
  by Yves Smith 2:34 am

March 9, 2012

• Links 3/9/12
  by Yves Smith 6:04 am

• Gillian Tett Exhibits Undue Faith in Data and Models
  by Yves Smith 5:49 am

• Philip Pilkington: Student Debt in the US Continues to Blow Up
  by Yves Smith 2:18 am

March 8, 2012

• Fukushima’s Last Resident
  by Yves Smith 11:04 pm

• GAO: Almost Half of Bailed Banks Repaid the Government With Money “From Other Federal Programs”
  by Matt Stoller 5:02 pm

• Links 3/8/12
  by Yves Smith 6:55 am

• Philip Pilkington: Policing the Economists from Within Their Own Minds – ISLM as a Model of Intellectual Control
  by Yves Smith 4:52 am

• On Andrew Schiff’s “Middle Class Lifestyle” in New York City
  by Yves Smith 4:01 am

• Guest Post: Legal Experts Destroy Rationale for Obama’s Assassination Policy … And Slam Democrats for Supporting It
  by George Washington 3:05 am

March 7, 2012

• Lynn Parramore: Schools Without Toilet Paper? The Pain in Spain Falls Mainly on the Plain Folks
  by Yves Smith 8:22 pm

• Links 3/7/12
  by Yves Smith 6:55 am

• Video Demonstrates How to Circumvent TSA Body Scanners
  by Yves Smith 1:07 am

• The New Priesthood: An Interview with Yanis Varoufakis Part II
  by Yves Smith 12:10 am

• Robert Cowley, 2nd Baron Ardwhallan: an Unauthorized Web Biography (I)
  by Richard Smith 12:01 am

March 6, 2012

• Ever Been to the Badlands?
  by Lambert Strether 5:04 pm

• OCC Servicer Review Firm Also “Scrubs” Loan Files, Fabricates Documents
  by Yves Smith 11:49 am

• Links 3/6/12
  by Yves Smith 4:33 am

• Europe’s Recession Has Barely Begun
  by Yves Smith 2:22 am

• Guest Post: Attorney General Holder Says Murder Is Legal
  by George Washington 2:00 am

• Wolf Richter: The Debacle of My Last Post
  by Yves Smith 12:59 am

March 5, 2012

• Links 3/5/12
  by Yves Smith 4:09 am

• Chris Cook: The Ghost of Enron Past Explains Oil Market Manipulation
  by Yves Smith 2:10 am

• On the Continuing Oxymoron of Ethics at Harvard
  by Yves Smith 2:00 am

• Due Diligence Fail from BBC World Business
  by Richard Smith 1:32 am

March 4, 2012

• Links 3/4/12
  by Yves Smith 3:20 am

• Animal Crackers
  by Lambert Strether 2:55 am

• Is Obama Still on the Austerity Train?
  by Yves Smith 2:44 am

March 3, 2012

• Links 3/3/12
  by Yves Smith 4:58 am

• Class Warfare, Darien Style: The Cabbie v. the Morgan Stanley Executive
  by Yves Smith 3:14 am

• Adrift in a Sea of Economic Data
  by Yves Smith 1:18 am

March 2, 2012

• Links 3/2/12
  by Yves Smith 4:59 am

• Current Rate of Ocean Acidification Worst in 300 Million Years
  by Yves Smith 4:42 am

• Wolf Richter: Deep Trouble at the Core of the Eurozone
  by Yves Smith 12:45 am

• 9/11 Commissioner and Co-Chair of Congressional Inquiry into 9/11 Say in Sworn Declarations that Saudi Government Linked to 9/11 Attacks
  by George Washington 12:05 am

March 1, 2012

• Links 3/1/12
  by Yves Smith 5:34 am

• The New Priesthood: An Interview with Yanis Varoufakis Part I
  by Yves Smith 3:40 am

• Bailout Ingrate Bank of America to Impose Monthly Fees on Many “Basic” Checking Account Customers
  by Yves Smith 3:33 am