Monthly Archives: August 2012

August 31, 2012

• Revisiting Statements Around the Mortgage Settlement
  by Matt Stoller 10:00 am

• Links 8/31/12
  by Charles Davis 6:55 am

• Time to Rethink a Broken Market
  by Yves Smith 1:15 am

August 30, 2012

• Wall Street’s War Against the Cities: Why Bondholders Can’t – and Shouldn’t – be Paid
  by Yves Smith 1:26 pm

• The Young Turks Interviews Matt Stoller on the Audit of the Federal Reserve
  by Matt Stoller 12:00 pm

• Barney Frank Viciously Attacks a Fellow Democrat: How TARP Still Hangs Over Our Politics
  by Matt Stoller 11:05 am

• Links 8/30/12
  by Charles Davis 6:55 am

• Quelle Surprise! Banks Getting Credit for What They Would Have Done Anyhow in Mortgage Settlement
  by Yves Smith 1:04 am

• Why do Keynesians Think More Spending will Stimulate the Economy?
  by Yves Smith 12:10 am

August 29, 2012

• Debt and Its Discontents: The Depressing World of Collections Part Three
  by Matt Stoller 12:00 pm

• Why The Big Issues Are Missing from the 2012 Race
  by Matt Stoller 10:00 am

• Links 8/29/12
  by Charles Davis 6:55 am

• Professional Firm Economics, or Those $1000+ an Hour Lawyers
  by Yves Smith 12:26 am

• Spain Worse
  by Yves Smith 12:10 am

August 28, 2012

• Debt and Its Discontents: The Depressing World of Collections Part Two
  by Matt Stoller 12:00 pm

• Why Neil Barofsky’s Book “Bailout” Matters
  by Matt Stoller 10:00 am

• Links 8/28/12
  by Charles Davis 6:55 am

• The Promise and Circumscribed Potential of Worker-Owned Businesses
  by Yves Smith 12:22 am

• “Nonsense Economics” and the Deepening Greek Crisis
  by Yves Smith 12:10 am

August 27, 2012

• China’s Stimulus Headaches
  by Yves Smith 6:00 pm

• Debt and Its Discontents: The Depressing World of Collections, Part One
  by Matt Stoller 12:00 pm

• What Is the Point of a National Political Convention?
  by Matt Stoller 10:00 am

• Links 8/27/12
  by Charles Davis 6:55 am

• New Real Estate Train Wreck Coming: Securitized Rentals
  by Yves Smith 12:27 am

• Pavlina Tcherneva: Economists for Romney – A Closer Look
  by Yves Smith 12:16 am

August 26, 2012

• Links 8/26/12
  by Lambert Strether 6:55 am

• From Voice of Freedom Park, Tampa, FL: Interview With Food Not Bombs Activist Nathan Pim
  by Lambert Strether 4:02 am

• Why not Abundance?
  by Lambert Strether 2:15 am

August 25, 2012

• Links 8/25/12
  by Lambert Strether 6:55 am

• John Henry: A Conservative Defense of a Jobs Guarantee Program
  by Lambert Strether 4:50 am

• John Cusack & Jonathan Turley on Obama’s Constitution
  by Lambert Strether 2:30 am

August 24, 2012

• Bain’s “Commitment to Transparency” Canard
  by Yves Smith 5:12 pm

• Links 8/24/12
  by Yves Smith 3:31 am

• Quelle Surprise! Former JP Morgan Chairman Offers Dubious Defenses of Big Banks
  by Yves Smith 3:00 am

August 23, 2012

• Gawker Releases Trove of Records on 21 Romney-Owned Bain Caymans Entities (Updated)
  by Yves Smith 1:19 pm

• Mark Ames: Tracy Lawrence: The Foreclosure Suicide America Forgot
  by Yves Smith 12:20 pm

• Links 8/23/12
  by Yves Smith 2:40 am

• Greece’s Great Depression: “Everyone is Going into a Black Hole”
  by Yves Smith 2:14 am

• Fear Gauge Loses Track
  by Yves Smith 12:01 am

August 22, 2012

• Are Ambercrombie & Fitch’s Difficulties in Making Sex Sell an Economic Portent?
  by Yves Smith 3:46 pm

• Is an Anti-Austerity Alliance of Left Neo-classicals and Post-Keynesians Possible? Is it Desirable? (Part 2)
  by Yves Smith 10:32 am

• Links 8/22/12
  by Yves Smith 4:04 am

• Ezra Klein Deems Joe Stiglitz, Paul Krugman, and Elizabeth Warren (Plus Other Serious People) Not Credible
  by Yves Smith 3:00 am

• Draghi Does His Best
  by Yves Smith 2:25 am

August 21, 2012

• Private Equity: A Government Sponsored Enterprise
  by Yves Smith 9:52 am

• Our Coming Rentcropper Society
  by Yves Smith 9:51 am

• Links 8/21/12
  by Yves Smith 5:29 am

• Michael Olenick: Still Looking for a Housing Bottom
  by Yves Smith 4:05 am

• Philip Pilkington: Divine Mathematics – Neoclassical Economics as Spiritual Meditation
  by Yves Smith 3:51 am

August 20, 2012

• Links 8/20/12
  by Yves Smith 9:28 am

• New York Times Publishes Apology for Obama’s Failed Housing Policies
  by Yves Smith 5:01 am

• Is an Anti-Austerity Alliance of Left Neo-Classicals and Post-Keynesians Possible? Is it Desirable? (Part 1)
  by Yves Smith 2:54 am

• Marcy Wheeler: The Grey Lady Falls Off the Balance Beam
  by Yves Smith 12:25 am

August 19, 2012

• Occupy Tampa Welcomes the Republican National Convention
  by Yves Smith 11:53 pm

• Links 8/19/12
  by Yves Smith 2:07 am

• Risk is Always With Us
  by Yves Smith 1:26 am

• Apocalypse: The Rise of Hitler
  by Yves Smith 12:14 am

August 18, 2012

• Links 8/18/12
  by Yves Smith 3:07 am

• Yanis Varoufakis: How the ECB is Complicit in a Macro-Financial Debacle
  by Yves Smith 1:04 am

• Paul Ryan – Insider Trading and War on Medicare
  by Yves Smith 12:24 am

August 17, 2012

• George Washington: Iran’s Words Mistranslated Again by Americans Trying to Start a War
  by George Washington 2:56 pm

• Announcing Investigative Series on the Private Equity Industry
  by Yves Smith 1:00 pm

• Links 8/17/12
  by Yves Smith 3:50 am

• Quelle Surprise! SEC Plans to Make the World Safer for Fraudsters, Push Through JOBS Act Con-Artist-Friendly Solicitation Rules
  by Yves Smith 3:16 am

• Washington Supreme Court Issues MERS Smackdown
  by Yves Smith 2:24 am

August 16, 2012

• Links 8/16/12
  by Yves Smith 5:43 am

• How to Beat Vulture Debt Collectors
  by Yves Smith 4:51 am

• Spain Out of Options
  by Yves Smith 2:54 am

• Lynn Parramore: Revealed – Romney Campaign’s Attempts to Deny Paul Ryan’s Insider Trading Don’t Add Up
  by Yves Smith 2:23 am

August 15, 2012

• Moe Tkacik: Student Debt – The Unconstitutional 40 Year War on Students
  by Yves Smith 11:50 pm

• Links 8/15/12
  by Yves Smith 2:56 am

• Marcy Wheeler: Standard Chartered Bank Admits Promontory’s Estimates of Its Iran Business Were Wrong
  by Yves Smith 2:48 am

• Bill Black: Romney Takes His Political Inspiration from Europe’s Worst Mistakes
  by Yves Smith 2:27 am

• WSJ Law Blog Takes Misguided Pot Shot at Judge Rakoff
  by Yves Smith 1:36 am

August 14, 2012

• Standard Chartered Settles with New York State for $340 Million (Updated)
  by Yves Smith 2:37 pm

• Links 8/14/12
  by Yves Smith 3:41 am

• Political Trouble Bubbles in Italy and Spain
  by Yves Smith 3:00 am

• A Tax Expert Takes a Closer Look At Romney’s Tax Returns
  by Yves Smith 2:25 am

• Bill Black: “Budget Hero” – Public Media’s Most Despicable Financial Propaganda
  by Yves Smith 1:28 am

August 13, 2012

• Julie Williams, The Lex Luthor of Banking Regulators, Retires
  by Matt Stoller 3:12 pm

• Links 8/13/12
  by Yves Smith 4:25 am

• Judge: 90% of Credit Card Lawsuits Can’t Prove Borrower Owes Money
  by Yves Smith 4:06 am

• Brockton Saves $ and Protests Foreclosure Misdeeds by Moving $170 Million Account from Bank of America
  by Yves Smith 2:30 am

• Criminal Sanctions: How to Save Banks Without Rewarding Bankers
  by Yves Smith 1:50 am

August 12, 2012

• Links 8/12/12
  by Yves Smith 2:05 am

• Mark Ames: Paul Ryan’s Guru Ayn Rand Worshipped a Serial Killer Who Kidnapped and Dismembered Little Girls
  by Yves Smith 1:43 am

• Bill Black: Krugman Now Sees the Perversity of Economics’ “Culture of Fraud”
  by Yves Smith 1:24 am

August 11, 2012

• Links 8/11/12
  by Yves Smith 2:40 am

• Will It Take Popular Pressure to Get Municipalities to Go After Libor Gaming Costs?
  by Yves Smith 12:45 am

• The Extreme Bounds of Democracy: What This Means for the Arab World
  by Yves Smith 12:27 am

August 10, 2012

• Links 8/10/12
  by Yves Smith 4:42 am

• Federal Regulators Trying to Leash and Collar Standard Chartered’s Nemesis, Benjamin Lawsky
  by Yves Smith 4:31 am

• Bill Black: Eduardo Porter’s “Folly”—Why We Must End the “Race to the Bottom”
  by Yves Smith 3:10 am

• Get Everyone You Know in Palm Beach County to Vote for Lisa Epstein for Clerk of the Court Next Tuesday
  by Yves Smith 2:39 am

• Consumer Financial Protection Bureau Proposes New Safeguards for Mortgage Borrowers
  by Yves Smith 12:34 am

August 9, 2012

• Links 8/9/12
  by Yves Smith 6:55 am

• Reuters Runs Interference for Elite Corruption, Scrubs Article That Shows How Banks Get Out of Jail Free
  by Yves Smith 6:30 am

• Standard Chartered Makes Empty Threat to Sue New York Regulator Over Iran Money Laundering
  by Yves Smith 5:02 am

• FHFA Threatens to Kneecap Use of Eminent Domain to Condemn Mortgages
  by Yves Smith 2:39 am

August 8, 2012

• NYS Order on Standard Chartered’s Iran Transfers Opens Up US, UK Regulatory Pig Fight
  by Yves Smith 11:20 am

• Links 8/8/12
  by Yves Smith 5:20 am

• Project S.H.A.M.E.: The Recovered History of Adam Davidson
  by Yves Smith 3:40 am

• Barofsky v. Geithner and Administration Mouthpieces (Yglesias Edition)
  by Yves Smith 3:30 am

• Michael Pettis: The Chinese Rebound Will be Short
  by Yves Smith 1:35 am

• Satyajit Das: Tilting at Windmills
  by Yves Smith 12:08 am

August 7, 2012

• Links 8/7/12
  by Yves Smith 5:21 am

• Where Are the Feds? NY Banking Superintendent: Standard Chartered a “Rogue Institution,” Made $250 Billion of Illegal Transfers With Iran
  by Yves Smith 4:54 am

• Is Draghi’s EuroRescue Plan Coming Unglued?
  by Yves Smith 4:47 am

• More on the Economics of Single Payer Insurance
  by Yves Smith 3:39 am

• Are Handcuffs Needed for the Libor Scandal to Register With Bank Perps?
  by Yves Smith 3:08 am

August 6, 2012

• Links 8/6/12
  by Yves Smith 3:56 am

• Dubious Study Defends SEC Revolving Door
  by Yves Smith 3:54 am

• Will Draghi Outmaneuver the Bundesbank?
  by Yves Smith 3:50 am

• George Washington: Is America the World’s Largest Sponsor of Terrorism?
  by George Washington 3:40 am

• Defining Strategies and Tools for Reducing Systemic Risk
  by Yves Smith 1:11 am

August 5, 2012

• Links 8/5/12
  by Yves Smith 3:08 am

• More on the Incompetence and Venality of the SEC
  by Yves Smith 2:12 am

August 4, 2012

• George Washington: Will We Have to Wait for a 21st Century Peasants’ Revolt Before Seeing Any Real Change?
  by George Washington 4:37 pm

• Links 8/4/12
  by Yves Smith 2:11 am

• Yanis Varoufakis: Draghi Greatly Diminished the Office of the ECB, Sacrificed the Fiscal/Monetary Distinction, and Didn’t Do Much for the Euro While He Was At It
  by Yves Smith 12:29 am

• Pirate Banking: $21 to $32 Trillion in Estimated Tax Haven Money, Managed by Big Global Banks
  by Yves Smith 12:15 am

August 3, 2012

• German Pols Softening Stance on ECB Bondbuying
  by Yves Smith 3:17 pm

• Raúl Ilargi Meijer: The Central Libor Question: Do We Want to Save Our Banks or Our Societies?
  by Richard Smith 8:00 am

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

• Draghi Continues Handwaving as EuroCrisis Worsens
  by Yves Smith 3:55 am

• Robert Shiller Questions Whether Housing Has Bottomed, Sees Possible Bubbles
  by Yves Smith 12:01 am

August 2, 2012

• Links 8/2/12
  by Yves Smith 6:55 am

• Kalecki on the Political Obstacles to Achieving Full Employment
  by Yves Smith 3:33 am

• Gore Vidal is Dead
  by Yves Smith 3:13 am

• Is Citi Engaging in Criminal Abuses of Active Duty Servicemen on Their Student Loans?
  by Yves Smith 2:26 am

August 1, 2012

• Another Way Banks Abuse Homeowners and Distort Markets: Refusing to Take Title to Foreclosed Properties
  by Yves Smith 2:37 pm

• Links 8/1/12
  by Yves Smith 6:55 am

• Michael Hudson on Fictitious Capital
  by Yves Smith 1:57 am

• SEC Shows Abject Incompetence in Toxic CDO Case Against Citi Staffer
  by Yves Smith 1:36 am