How to Send Aid to Haiti
When the Haitian Earthquake news first broke, it appeared to be only minor damage. Since those reports, we have learned this was an...
BNN: The Close The Too Big To Fail Tax
As U.S. bank executives face questions holding them to account for their role in the financial meltdown, they have another headache to...
Business Inventories rise for 2nd month after 13 of declines
Nov Business Inventories rose .4% m/o/m, .1% more than expected and Oct was revised up by .2% to a gain of .4%. The two months in a row...
Economic data
Dec Retail Sales unexpectedly fell by .3% headline and .2% ex auto’s. The consensus was for gains of .5% and .3%. Sales ex...
SEC Helped AIG Hide PassThru Bailouts to GS, others
The latest WTF?!? news to come out of the swamp that is Washington, D.C. is this tidbit of official government incompetence and...
Australia rock and rollin’ but Greece has got trouble
Australia announced a much better than expected jobs report and triggered a rally in Asian stocks. They added 35.2k jobs in Dec vs...
Estimated GSE Losses = $448 Billion
Laurie Goodman is a well regarded expert on securitization and MBS. She is the former UBS mortgage analyst — Institutional Investor...
In-Depth Look – Crash In US Home Prices May Resume
Interview and discussion with Laurie Goodman of the Amherst Securities, talking about the housing market. 4:15 September 29, 2009...
Obama to Banks: “Too Big to Fail = Right Size to Tax”
Good Evening: U.S. stocks rallied today, shaking off the worries that generated yesterday’s first and only down day of 2010. Brushing...
TDS: Clusterf#@k to the Poor House – Wall Street Bonuses
Companies that American taxpayers had to bail out with billions of dollars use that money to reward their employees with bonuses The...