If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!GOOD Magazine has a great graphic representation of the biggest bankruptices in history. (click link for bigger size) Check out Lehman bro’s $691 billion BK, more than 7 times the size of GM’s recent bankruptcy. (h/t Boing Boing for [...]
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 Global Economic Trend Analysis - G-20 Targets Hedge Funds, Ignoring Everything Worth Discussing
Financial Times - A new [...]
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
Mortgage Insider - Early defaults rise on FHA loans
Mish’s Global Economic Trend Analysis - Bonus Bonanza Bingo, a Blessing In Disguise
The Big Picture - Did Naked Shorting Do Lehman In?
Today’s Business Press - Fed’s License To Print Money
Naked Capitalism - On the Fed’s “Shock and Awe”
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
Huffington Post - Getting Lehman Wrong a Second Time
Mortgage Insider - Obama to propose tougher finance rules
Huffington Post - The Button-Down Mafia: How the Public Accounting Firms Run a Racket on Investors and Thrive While Their Clients Fail
Housing Wire - Mortgage Fraud at All-Time High: Report
Huffington Post - Economic Credibility Gap: Obama Defies His Own Economic Team, Demands Move to [...]
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 [...]
Deal Book - Nassim Taleb: ‘I Was Happy Lehman Went Bust’
The Big Picture - Greed + Incompetence + A Belief in Market Efficiency = Disaster
Housing Doom - Where are taxpayer billions [Make that trillions] going?
Mish’s - Geithner Discusses Nationalization In $2 Trillion Bailout Proposal
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