Monthly Archives: April 2014

April 30, 2014

• Links 4/30/14
  by Yves Smith 6:55 am

• NY Teachers’ Retirement Fund Exhibits Stockholm Syndrome, Rejects Reuters Private Equity FOIA Out of Fear of Annoying Private Equity Funds
  by Yves Smith 6:49 am

• GSE Reform Dead for Now
  by Yves Smith 4:52 am

• Mirable Dictu! Americans Diss Obama’s Ukraine Adventurism, Want US to Play More Modest Global Role
  by Yves Smith 1:22 am

• Bill Black: GAO and Wall Street Journal Whitewash Huge Criminal Bank Frauds
  by Yves Smith 12:12 am

April 29, 2014

• Links 4/29/14
  by Yves Smith 6:55 am

• Health Care Information Technology: A Danger to Physicians and to Your Health
  by Yves Smith 3:49 am

• J.D. Alt: GROAF & CONTRAKSHUN
  by Yves Smith 3:39 am

• Philip Pilkington: “The Chosen Ones” – Krugman’s Critique of the Critics
  by Yves Smith 2:40 am

• Wolf Richter: LEAKED – Draghi’s Sudden Switcheroo On QE
  by Yves Smith 2:06 am

April 28, 2014

• Links 4/28/14
  by Lambert Strether 6:55 am

• Rob Johnson on the Breakdown of Democracy
  by Lambert Strether 5:55 am

• Did Japan’s Prime Minister Abe Serve Obama Beefsteak-Flavored Revenge for US Trade Representative Froman’s TPP Rudeness?
  by Yves Smith 1:56 am

• Yanis Varoufakis: Europe and Greece in Review, Interviewed by Michael Maier for Deutsche Wirtschafts Nachrichten
  by Lambert Strether 1:55 am

• Abigail Field: The Government Corruption Case Against Fracking and Keystone
  by Yves Smith 12:59 am

April 27, 2014

• Links 4/27/14
  by Lambert Strether 6:55 am

• Texas Family Awarded $3 Million in America’s First Fracking Trial
  by Lambert Strether 4:55 am

April 26, 2014

• Bill Black: Corporate CEOs Demand That They be Tipped Off When a Whistleblower Reports Their Crimes
  by Lambert Strether 11:55 pm

• Links 4/26/14
  by Lambert Strether 6:55 am

• Did Canada’s Middle Class Just Get More Affluent Than the US’s, or Did that Happen Long Ago?
  by Yves Smith 1:52 am

• America’s Proposed TPP: Buyer Beware
  by Yves Smith 1:11 am

April 25, 2014

• Links 4/25/14
  by Lambert Strether 6:55 am

• The Stealthy, Ugly Growth of Corporatized Medicine
  by Yves Smith 4:16 am

• “Independent” Foreclosure Review Error Rate Vastly Higher Than Previously Admitted
  by Yves Smith 2:56 am

• Piketty’s Wealth Gap Wake Up
  by Yves Smith 2:14 am

• MMT Does Do Policy
  by Yves Smith 12:53 am

April 24, 2014

• Links 4/24/14
  by Lambert Strether 6:55 am

• Earth Day: Can We Grow Enough Food, Without Oil, to Avoid a Human Dieback?
  by Lambert Strether 5:55 am

• Matt Stoller: No, America Is Not an Oligarchy
  by Yves Smith 4:08 am

• CalPERS Told Obvious Big Lies in Its Response to Our Private Equity Investigation
  by Yves Smith 4:07 am

• Corrupting Piketty in the 21st Century
  by Lambert Strether 12:55 am

April 23, 2014

• Links 4/23/14
  by Yves Smith 6:50 am

• Ilargi: What is the Earth Worth (6 Years Later)?
  by Yves Smith 5:40 am

• Pettis: 11 Reasons China Can’t Escape from Its Debt Overhang
  by Yves Smith 4:55 am

• More Effective Remedies for Inequality
  by Yves Smith 3:05 am

• Philip Pilkington: Unemployment and Wages in the US – A Tale of Institutional Change
  by Yves Smith 2:17 am

April 22, 2014

• Links 4/22/14
  by Yves Smith 5:10 am

• Why Are We Still Working So Hard?
  by Yves Smith 4:25 am

• No, the Tax Court Did Not Repeal Attorney-Client Privilege
  by Yves Smith 3:23 am

• Satyajit Das: Flash Boys’ HFT Mumbo Jumbo
  by Yves Smith 2:13 am

• Volcker Rule: Swiss-Cheesed or Beefed Up?
  by Yves Smith 12:20 am

April 21, 2014

• Links 4/21/14
  by Yves Smith 6:55 am

• McKinsey Gives “Dare to Be Great” Speech to Private Equity Investors as Returns Fall
  by Yves Smith 5:33 am

• The Real Problem with High Frequency Trading
  by Yves Smith 4:11 am

• Ilargi: Ukraine – Part of United States’ Desperate Solutions For Not Sinking Alone?
  by Yves Smith 3:03 am

• Tom Engelhardt: Too Big to Jail? Why Kidnapping, Torture, Assassination, and Perjury Are No Longer Crimes in Washington
  by Yves Smith 12:59 am

April 20, 2014

• Links 4/20/14
  by Yves Smith 6:44 am

• Abigail Field: Our Corrupt Tax Code
  by Yves Smith 2:27 am

• Paul Krugman Discusses Piketty’s Capital and the Rise of Inherited Wealth on Bill Moyers
  by Yves Smith 12:15 am

April 19, 2014

• Links 4/19/14
  by Yves Smith 3:14 am

• Please Join Us at Our NYC Meetup Next Friday, April 25
  by Yves Smith 1:26 am

• Yanis Varoufakis on the “Success” of Greece’s Bond Sale
  by Yves Smith 1:14 am

• Joe Firestone: Using Generational Warfare to Divert Attention from Oligarchy and Corporatism
  by Yves Smith 12:25 am

April 18, 2014

• Links 4/18/14
  by Yves Smith 4:14 am

• More From Ex-SEC Lawyer James Kidney on the Agency’s Failing
  by Yves Smith 4:08 am

• Did Derivatives Worsen the Eurozone Sovereign Debt Crisis?
  by Yves Smith 3:03 am

• General Mills Retreats an Inch on Its Mandatory Arbitration Overreach
  by Yves Smith 2:17 am

• Ukraine: Is Obama Channeling Cheney?
  by Yves Smith 12:33 am

April 17, 2014

• Links 4/17/14
  by Lambert Strether 6:55 am

• General Mills Opens New Frontier in Denying Consumers Right to Sue: Just Use Its Products
  by Yves Smith 4:47 am

• Quelle Surprise! Ginnie Mae Says Bank of America Has Lots of Servicing Documents Missing; MERS Also in Hot Water
  by Yves Smith 3:38 am

• When Will Big Business Figure Out That the Education-Industrial Complex is Eating its Lunch?
  by Yves Smith 2:21 am

• How the Junk Food Industry Preys on the Young in Emerging Markets
  by Yves Smith 2:06 am

April 16, 2014

• Links 4/16/14
  by Lambert Strether 6:55 am

• Yet Another Shoddy Democratic Hack Job from Paul Krugman on ObamaCare
  by Lambert Strether 4:25 am

• Latest Froth Indicator: Micro Private Equity Funds, aka “Search Funds”
  by Yves Smith 1:57 am

• Don Quijones: “Uncreative” Destruction – The Troika’s Hostile Takeover of Europe
  by Yves Smith 12:50 am

April 15, 2014

• Joan Robinson’s “Introduction to Modern Economics”
  by Lambert Strether 11:55 pm

• Links 4/15/14
  by Yves Smith 6:55 am

• Planned Obsolescence Disguised as Innovation, Oligopoly Disguised as a Free Market, and the Enrichment of Oligarchs
  by Yves Smith 5:30 am

• Richard Alford: Has the Fed Learned Monetary Policy Lessons from the Financial Crisis?
  by Yves Smith 4:21 am

• SEC is Kinda Thinking About Doing Something About High Frequency Trading
  by Yves Smith 2:21 am

• Paul Ryan’s “New” Austerity Budget
  by Yves Smith 1:07 am

April 14, 2014

• Links 4/14/14
  by Lambert Strether 6:55 am

• “There Will Be Growth in the Spring”: How Well do Economists Predict Turning Points?
  by Lambert Strether 3:55 am

• Quebec Voters Reject the Parti Québécois and Elect a Liberal Government
  by Lambert Strether 3:55 am

• Philip Pilkington: The Yield Curve and Recessions – Against US-Centricism
  by Yves Smith 12:54 am

• Are Administration Claims of Progress on TransPacific Partnership Negotiations in Japan Credible?
  by Yves Smith 12:36 am

April 13, 2014

• Fourth Anniversary of Gulf Oil Spill: Wildlife Is Still Suffering from Toxic Cover Up
  by George Washington 5:05 pm

• Links 4/13/14
  by Lambert Strether 6:55 am

• University of Southern Maine, Facing Organized Opposition from Students and Faculty, Rescinds Proposed Cuts
  by Lambert Strether 5:25 am

• Wolf Richter: “It’s Not a Bubble,” Retail Investors Are Told As The Smart Money Bails Out
  by Lambert Strether 12:55 am

April 12, 2014

• Links 4/12/14
  by Yves Smith 4:30 am

• Game of Thrones, Agency, and the Arrogance of the Present Day
  by Yves Smith 3:44 am

• Gaius Publius: Climate Scientist Michael Mann – If We Don’t Stop Now, We’ll Surpass 2°C Global Warming
  by Yves Smith 1:48 am

• Reminder: NYC Meetup on April 25
  by Yves Smith 12:10 am

April 11, 2014

• Cathy O’Neil: Let’s Stop Talking About HFT for a Little While
  by Yves Smith 9:29 am

• Links 4/11/14
  by Yves Smith 6:55 am

• Wolf Richter: Biggest Credit Bubble in History Flashes Warning – ‘Seek Cover’
  by Yves Smith 6:10 am

• Obamacare’s Surrealpolitik
  by Yves Smith 1:57 am

• Matt Stoller: How Uber Creates an Algorithmic Monopoly to Extract Rents
  by Yves Smith 1:53 am

April 10, 2014

• Edward Snowden Testimony at the Parliamentary Assembly of the Council of Europe
  by Yves Smith 11:18 am

• Links 4/10/14
  by Yves Smith 5:55 am

• Wolf Richter: America’s Structural Unemployment Crisis in Two Charts
  by Yves Smith 4:49 am

• All in the Family: Tunisia as a Case Study in State Capture, aka Kleptocracy
  by Yves Smith 3:49 am

• Mirable Dictu! US Regulators Impose Tougher Rules on Bank Capital
  by Yves Smith 2:58 am

April 9, 2014

• Heartbleed Bug a Catastrophic Hole in Web Security; Webusers Told to Change Passwords
  by Yves Smith 5:43 pm

• Links 4/9/14
  by Lambert Strether 6:55 am

• SEC Lawyer on Goldman CDO Case Describes How the Agency Wimped Out
  by Yves Smith 4:42 am

• How the West Looks to Carve Up the Ukraine
  by Yves Smith 2:48 am

• Reserve Currency: Is the Yuan Tearing Down the US Dollar?
  by Yves Smith 2:40 am

• Predatory Equity: How Private Equity Came to New York’s Rental Market
  by Yves Smith 12:07 am

April 8, 2014

• Links 4/8/14
  by Yves Smith 6:56 am

• SEC: More Than Half the Private Equity Firms Gouge on Fees
  by Yves Smith 6:55 am

• Philip Pilkington: What Constitutes a Money Crank?
  by Yves Smith 3:49 am

• Tiny Maine Against Tax-Dodging Multinationals
  by Yves Smith 3:36 am

• Robert Cowley, 2nd Baron Ardwhallan: A Scammer’s Comeuppance
  by Richard Smith 1:00 am

April 7, 2014

• Links 4/7/14
  by Yves Smith 6:55 am

• Private Equity’s Lake Woebegon Fallacy: All Investors Are Above Average
  by Yves Smith 6:50 am

• USTR Froman’s Attack on Japan Set TransPacific Partnership Negotiations Back Further
  by Yves Smith 6:40 am

• You Won’t Believe What These 10 Democrats Said About ObamaCare!
  by Lambert Strether 3:55 am

• Another Day, Another Political Corruption Scandal In Spain’s ‘Mafia State’
  by Yves Smith 2:18 am

April 6, 2014

• Links 4/6/14
  by Yves Smith 6:33 am

• Bill Black: The Kamikaze Economics of Forcing Austerity on the Ukraine
  by Yves Smith 1:28 am

• Michael Hudson: R is for Rentier
  by Yves Smith 1:15 am

April 5, 2014

• Correcting the Record on Another Misleading CalPERS Press Release
  by Yves Smith 5:40 pm

• Links 4/5/14
  by Yves Smith 3:39 am

• Joe Firestone: Is the MSM Blackout on Inequality, Plutocracy, and Oligarchy Ending?
  by Yves Smith 2:07 am

• Michael Hudson: P is for Ponzi
  by Yves Smith 2:00 am

• The Jobs Report For March 2014: After A Long Winter, The Economy Plays Some Catchup
  by Yves Smith 1:33 am

April 4, 2014

• Links 4/4/14
  by Yves Smith 6:59 am

• New York Times Column Strikes Back, Obliquely, at Our CalPERS Private Equity Data Suit
  by Yves Smith 6:51 am

• How to Get Beyond Private Equity’s Parasite Economy
  by Yves Smith 4:10 am

• IMF Imposing Even Tougher Austerity Conditions on New Loans
  by Yves Smith 2:02 am

• Young Owners of Low-Budget GM Cars Weren’t Worth Saving
  by Yves Smith 12:44 am

April 3, 2014

• Links 4/3/14
  by Yves Smith 5:39 am

• Gaius Publius: ​IPCC Accidentally Proves that “International Cooperation” on Climate Change is Dead​ ​​
  by Yves Smith 2:00 am

• Satyajit Das: The New Colonialism – Businesses Refuse Spend a Few Cents More Per Garment to End Labor Exploitation in Emerging Markets
  by Yves Smith 1:41 am

• Philip Pilkington: Misdirection – Galbraith on Thomas Piketty’s New Book on Capital
  by Yves Smith 12:51 am

• Yanis Varoufakis: Europe’s Latest Policy on Irish and Greek Banking losses – Two Swindles Too Similar for Comfort
  by Yves Smith 12:32 am

April 2, 2014

• Michael Lewis’ Repeat Omission: No Crimes Were Committed
  by Yves Smith 7:28 am

• Links 4/2/14
  by Yves Smith 6:55 am

• CalPERS Tries Ineffective Mudslinging in Response to Our Ongoing Private Equity Investigation
  by Yves Smith 4:30 am

• Wolf Richter: I Just Got PayPal’s New Absolutely-No-Privacy-Ever Policy
  by Yves Smith 3:19 am

• Bill Black: Deflation Dementia
  by Yves Smith 3:15 am

April 1, 2014

• Links 4/1/14
  by Yves Smith 6:59 am

• Slumlord Wannabe Blackstone Violates Local Housing Laws by Making Tenants Maintain Rentals
  by Yves Smith 6:31 am

• Reuters Reports that CalPERS “Lawyered Up” in Response to Our Public Records Suit
  by Yves Smith 6:30 am

• David Dayen: How Chase Bank Denying Services to a Condom Shop Is Really About Deregulating Payday Lending
  by David Dayen 3:00 am

• Understanding the Confidence Fairy
  by Yves Smith 2:28 am