NFP: Even Worse Than Reported
Over the past few years, we have railed at the prettyfied numbers that come out of BLS regarding NFP job creation and the unemployment...
The Week Ahead: Europe, Japan, China
Hedge funds will settle accounts and investors will get fresh readings on retail sales and consumer sentiment in the coming week....
Obama Warns of Further Economic Pain
Barack Obama said that the economy seems likely to get worse before it gets better, but pledged to pursue a recovery plan “equal to the...
The Barron’s Interview: A Leading Bear Turns Bullish,...
As per your requests, here is the Barron’s Interview from this week. Note I sat with them for this in early November: >...
Frank Rich on Summers, Geithner, Obama Economic Team
I keep wondering why the honeymoon hagiography about the best and the brightest has been so over the top. Washington’s cheerleading for...
Getting Mortgage Fraud Down to an Art
Astounding: Orson Benn, once a vice president at the nation’s largest subprime lender, spent three years during the height of the...
Video: Mortgage Racket as Art
Orson Benn’s network of mortgage brokers wrote thousands of subprime loans in Miami-Dade which have gone into foreclosure. via the...