The Big Picture

Regulatory Malfeasance and the Financial System Collapse by Joseph R. Mason April 14, 2009 Kotok comment: we are pleased to forward this...

As we already knew (and as I wrote in Bailout Nation), the purpose of forcing all the major was to hide the fact that Citigroup was...

In an effort to explain the government’s handling of the financial crisis to the American public, Federal Reserve chairman Ben...

If you blinked, you missed it and that was last week’s 11.1% rise in the purchase component in the weekly MBA data, a 3 month high,...

Jim Welsh of Welsh Money Management has been publishing his monthly investment letter, “The Financial Commentator”, since 1985. His...

So much for voluntary foreclosure abatement: “Some mortgage companies had stopped foreclosing on borrowers as they waited for...

Here’s some news: TBP will be hosting a conference in NY in June, discussing a variety very fascinating topics with a terrific line...

An anonymous (but known) friend writes me: “I’m watching CNBC for the first time in about two weeks this morning. They seem...

Chairman Ben S. Bernanke Federal Reserve At the Morehouse College, Atlanta, Georgia April 14, 2009 ~~~ I am pleased to have the privilege...

Another good chart from Ron Griess of Thechartstore.com, highlighting changes in trailing 4 quarterly earnings of the S&P500: >