Building Castles in the Sand
Not often is the public permitted the opportunity to see the chicanery and of the financial industry exposed. Yves Smith, in her timely new title Econned, takes us behind the walls of Jericho that the financial industry hides behind to provide us a rare glimpse of the predatory, criminal, or borderline [...]
Entries Tagged as 'Uncategorized'
Econned by Yves Smith: A Book Review
August 7th, 2010 · No Comments
Tags: Uncategorized · Yves Smith Naked Capitalism
Larry Summers Says Public Debt “Failure Begets Failure” But Prescribes More U.S. Debt Anyways
May 28th, 2010 · No Comments
While Tim “Kemosabe” Geithner has been in the headlines this past week stating that the sovereign debt crisis in Europe is contained and won’t spillover into the US, his sidekick Larry “Tonto” Summers stated this week that spiralling public debt is dangerous. “Ultimately failure begets failure in fiscal policy as the logic of compound interest [...]
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How Should Traders and Investors Weight the Goldman Sachs’ Fraud Case for their Investment and Trading Decisions?
April 18th, 2010 · No Comments
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“The whole intellectual edifice collapsed.” ~ Alan Greenspan
“Blaming individuals [...]
Tags: Uncategorized
Senator Dodd Says His Reform Bill Won’t Stop the Next Crisis from Coming
March 17th, 2010 · No Comments
by John Bougearel author of Riding the Storm Out: What Do Investors Do Now?
I can’t believe that Dodd just said “this legislation won’t stop the next crisis from coming”
What a total jackass Dodd has been and always will be!
Jon Stewart retort to Dodd: “You can’t short your own reform bill.”
Later, and more disturbingly, CNN [...]
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Gruesome Headline: Coal Beats Solar as Analysts Favor Peabody Amid Shrinking Green Subsidies
March 17th, 2010 · No Comments
It would appear that policymakers and lawmakers have lost their way: AGAIN. Their inability to tackle any issue of alarming proportion is disheartening, whether it be financial reform, health care reform, or global warming issues. Worse yet, propaganda efforts have succeeded in making the credible science of global warming more uncertain to most Americans. Thus, [...]
Tags: Uncategorized
The President’s Working Group is Oppossing FDIC Reform Proposals
March 14th, 2010 · No Comments
Chris Whalen reports that the PWG is preparing a white paper in cahoots with the Federal Reserve and the Office of the Comptroller to thwart and block FDIC reform efforts. The white papers prepared by the PWG are never released to the public, so its all behind closed doors activity.
Whalen goes on to inform us [...]
Tags: Uncategorized
What can Soften or Mitigate the Coming Private Sector Debt Restructuring Cycle May Still Be Insufficient to Avoiding the Next Credit Crisis
March 8th, 2010 · No Comments
by John Bougearel,
Author of Riding the Storm Out: What Do Investors Do Now?
Chris Whalen addresses evils of Mark-to-Market Accounting vs. the virtues of cash flow analysis in his March 8 weekly missive. (If you don’t already subscribe to his free weekly missive, please do). To read the full accounting of Whalen’s expose, go here http://us1.institutionalriskanalytics.com/pub/IRAMain.asp [...]
Tags: Uncategorized
It’s 2010: So What Should Investors and More Importantly What Should Americans Do Now?
February 23rd, 2010 · No Comments
By John Bougearel, Author of Riding the Storm Out, What Do Investors Do Now?
Synopsis: This report reviews the merits and shortcomings of portfolio diversification, the upcoming “restructuring cycle” for CRE and LBO’s of the credit cycle boom that burst in 2007, and the bone-crushing impact this recession is having and will continue to have on [...]
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