21st Century Enlightenment
Matthew Taylor explores the meaning of 21st century enlightenment, how the idea might help us meet the challenges we face today, and the...
Periodic Table of Wall Street Criminal Elements
This is perfect for a Friday afternoon: An amusing romp thru Wall Street: > click for ginormous graphic > Via William Banzai7
Succinct summation of week’s events
Succinct summation of week’s events Positives 1)Initial Jobless Claims 17k less than expected at 473k and down from 504k last week...
History of US Interest Rates: 1790-Present
This chart of 10yr Treasury yields since 1790 is from Doug Kass at Real Money. Dougie notes “The only time that yields have...
Bernanke says…
Staying with the belief that the Fed can still do more, Bernanke said they are prepared for more accommodation if needed but he finally...
Good Luck Ordering with Amazon Today
If you try to place an order at Amazon.com today, get ready for some trouble. The checkout system will not let you make a purchase unless...
No One Left to Sell CDOs To? Sell to Yourself!
ProPublica has a devastating take down of some of the self-inflicted wounds the big bailed out banks caused, all in the pursuit of bigger...
Wall St cares but does anyone else?
What’s most interesting about the debate on what, if anything, the Fed should do next and the unfortunate belief that we need to...
Welcome to CDO World!
Via Pro Publica comes the latest tale of theft and woe of the big banks derivatives scams: Selling products to themselves, artificially...
Moody’s Zandi Discusses U.S. Double-Dip Recession Risk
Aug. 26 (Bloomberg) — Mark Zandi , chief economist at Moody’s Analytics Inc., talks with Bloomberg’s Margaret Brennan...