TBP Site Tweaks
Its been a while since our last site upgrade. In the intervening months, a number of good suggestions were made by readers, colleagues...
Chris Whalen on Radio Free Dylan
Chris Whalen and Dylan Ratigan chat about Bank of America: “What’s going on with Bank of America, and why does it matter?...
Thursday’s Long Reads
Here are the latest additions to my Instapaper: • Shadow inventory backlog still growing (FT Alphaville) • The Tyranny of Defense...
SPX Index Secular Markets (1900-2010)
We’ve taken many longer term looks at the markets (See, for example, this, this, this or this) but the following chart from UBS...
Climate Skeptic Pat Michaels: 40% of My Funding is From Big Oil
I have been rather dismissive of the agnatology from global warming deniers and hacks like Pat Michaels. The notorious climate skeptic of...
Volcker Resigns
Former Federal Reserve Chairman Paul Volcker is ending his term as chairman of President Barack Obama’s economic advisory panel...
Economics Alone Did Not Drive BAC/FRE Settlement
As noted earlier this week, the one cent on the dollar Bank of America/Freddie Mac settlement was a huge potential windfall for the bank,...
JOC commodity index back to record high
Adding another stat to the inflation theme, the Journal of Commerce Index of 18 industrial materials including cotton, steel, copper,...
Obama Lost His Charisma—Not His Political Skill
Obama’s presidency is surviving on what little personal charm he has left despite his complete loss of charisma as a leader. And...
Can Banks Foreclose on Mortgages They Do Not Own?
“The record in this case reflects how mortgage lending changed in recent years and how the industry failed to ensure that its new...