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European Bank Exposure to Risky Mortgage Assets
> Source: Old Debts Dog Europe’s Banks DAVID ENRICH And LAURA STEVENS WSJ, NOVEMBER 7, 2011http://...
What They Are Doing
Frederick Sheehan is the co-author of Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve. His new book, Panderer for...
4 Major Secular Bear Markets, 1900-2011
Dow Jones Industrial Average 1900- present (log scale, monthly) Click for ginormous chart Source: Monthly Chart Portfolio, Merrill Lynch...
Italian yields approach highs into close
With minutes to go before the European close, Italian bond yields are moving back to near their highs of earlier this morning. The 10 yr...
The Viral Big Lie
My Washington Post article, What caused the financial crisis? The Big Lie goes viral, was the single most popular article of the Sunday...
10 Many Monday AM Reads
Some reads to start your morning: • Kenneth Rogoff: A Gravity Test for the Euro (Project Syndicate) see also Europe’s leaders have...
Another week of political driven markets
The direction of the European markets and the S&P futures this morning have been solely driven by whether Italy’s Berlusconi...
Volcker: Three years later, Unfinished Business In Financial...
Three years later, Unfinished Business In Financial Reform Paul A. Volcker The William Taylor Memorial Lecture ~~~ For the past eighteen...