If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Naked Capitalism - Auto Company Plans Rejected by Task Force
Infectious Greed - Stating the Auto Obvious
Naked Capitalism - Guest Post: The Banks Were Profitable In January And February Thanks To… AIG
Huffington Post - “Let Them Have Stained Carpets” – Obama’s Marie Antoinette Moment
MISH’S [...]
Brad Setser: Follow The Money - Financial de-globalization, illustrated
Money And Markets - Dangerous Unintended Consequences
The Big Picture - Public-Private Investment Program
Housing Doom - Crack of Doom: Fed Counterparty Risk
Naked Capitalism - Fed Rescue Programs: No Exit?
Huffington Post - The AIG Bonus Clawback Bill Won’t Work–Here’s What Will
Mish’s Global Economic Trend Analysis - Geithner’s Plan, a Gigantic Confidence Game
Cramer got reamed by Jon Stewart over CNBC’s cheer leading of the Wall Street bubble last week, today he defended himself on the Today show.
The Today Show defense:
The Big Picture - AIG Structured Products page
Naked Capitalism - Guest Post: It’s the writedowns, stupid
Huffington Post - Perp Walks Instead of Bonuses
Mish’s Global Economic Trend Analysis - Yet Another Incompetent Treasury Appointment
Naked Capitalism - Guest Post: Just Let It Go
Infectious Greed - The Geithner Betting Line
Today’s Business Press - Citi to the Rescue?
The Big Picture - Haircuts for Bond Holders
Housing Doom - Bill Maloni: I Did It and So Can Fannie
Naked Capitalism - Guest post: A few thoughts about the banking crisis response in the United States
HuffPo has an interesting piece that quotes a famous New York madam as accepting corporate credit cards to pay for the proclivities of johns from the banking industry. No doubt some of these are our nation’s finest from Bear Stearns, JP Morgan, Citi, Lehman, and the other Wall Street banks currently holding billions of dollars [...]
The Big Picture - How to Spend Part II of the TARP
Naked Capitalism - The Fed’s Bear Stearns Assets: “No Prospect for a Profit”
Naked Capitalism - Guest Post: “Dear Mr. Volcker: It’s the Banks, Stupid”
Calculated Risk - $15,000 Tax Break for Homebuyers
Business Pundit - After The Crisis: A Parody of 15 Corporate Logos
Finally something that we can all get behind: Don’t pay your bills. It’s not my idea, although it has appeal. It’s the Fed’s and it’s the cornerstone of the new Homeownership Preservation Policy. To qualify for aid, the homeowner must be at least 60 days past due on his or her mortgage payments. (This program [...]
A guest post from Frank Shump. Frank is a veteran from the financial services industry, and currently authors a blog called Thefinancecastle.com, which documents his thoughts on money matters and his adventures in self employment.
The fallout from the collapse of subprime mortgage securities and other bundled up, complex derivatives has claimed a pretty wide ranging [...]
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