‘Should have paid the extra $2 an hour…’ Abelson on robo-signers last week: “Truth is, bankers just can’t stand prosperity, even after their near-death experience of... Read More
Updating Mankiw Last week, in response to a NYT column by Greg Mankiw, I posed several questions about what I took to be holes in the column’s... Read More
Why Is Due Process a Big Problem for Banks? Joe Nocera has the quote of the day (2 actually) in his NYT column this morning: Big Problem for Banks: Due Process: “That’s why... Read More
Foreclosure Crisis The banks admit to not reading the fine print on the crappy mortgages the American taxpayers now own. The Daily Show With Jon Stewart Mon... Read More
Gull Wing I love the cover of Barron’s last week, featuring their story on MB’s comeback: > Read More
Bankruptcy Courts vs Banks (Loser: Banks) Karl Denninger Cites an Interesting Case of a Bankruptcy Judge Denying a Motion Based on the Standing of MERS, and a Trust Not Having a... Read More
Succinct summation of week’s events Succinct summation of week’s events: Positives 1)Solid start for Q3 earnings vs expectations 2)Philly Fed 6 mo outlook rises to... Read More
Succinct Summation of the Week’s Events Here is this week’s succinct summation Positives 1) Solid start for Q3 earnings vs expectations 2) Philly Fed 6 mo outlook rises to... Read More
My Recent Forbes Interview > I did an interview with Wally Forbes a few weeks ago — its on Forbes.com, along with specific stock recommendations.... Read More
Chamber of Commerce to Buy US Elections Fantastic chart, very consistent with my view that politics has been utterly corrupted by dirty corporate money. If you want to... Read More