Naked Capitalism
Researchers back cancer-fighting properties of papaya Associated Press Unionists make citizens’ arrest of insurance CEOs People’s World (hat tip reader John D) Barney Eats Seconds – Or Blows Smoke – Or Both…Read
I’ve seldom seen so much rubbish written by people who ought to know better in a single day. Many other able people have heaped the scorn and incredulity on three articles, one a piece on Rahm Emanuel slotted to run in the…Read
By John Ryskamp, an attorney and author of The Eminent Domain Revolt Why, in their article on Latvia’s austerity budget, are Marshall Auerback and Robert Parenteau giving Latvia credit for warm, fuzzy feelings? Especially in…Read
We’ve had (depending on when you define the starting point) at least two decades of a concerted push by the US towards more open capital markets (no doubt based not simply on the belief that the Anglo/Saxon model was…Read
A post by Edward Harrison About a month ago I wrote a post called “The coming wave of second mortgage writedowns” the gist of which was that the big four banks (Citi, JP, BofA, and Wells) had a shed load of exposure to now…Read
There are at least 6 theories about why the stock market has rallied some 70% off its lows a year ago, even though nothing has been done to actually reverse the financial crisis. What The Dumb Money Believes The dumb money…Read
Humans found to have sixth taste – fat Sydney Morning Herald (hat tip reader Crocodile Chuck) Europe bars Wall Street banks from government bond sales Guardian (hat tip reader Steve L) Strategic defaults on homes on the…Read
By Tom Adams, an attorney and former monoline executive I’m usually cynical about these “genius of Wall Street” articles, but the Vanity Fair article “Larry Fink’s $12 Trillion Shadow” by Suzanna…Read
By Marshall Auerback, a fund manager and investment strategist and Rob Parenteau, CFA, sole proprietor of MacroStrategy Edge, editor of The Richebacher Letter, and a research associate of The Levy Economics Institute Want to see…Read
By Richard Smith, a London-based capital markets IT specialist Hmm, I wonder if Yves’s resolution authority post will become the econoblogosphere’s equivalent to Clochemerle’s shattered urinal and its entourage…Read
Apologies for thin links. I need to get on a different schedule, something that is less out of whack with normalcy, and this is going to necessitate a cutback in posts over the next few days. Bonobos opt to share their food BBC…Read
Self-deception is a remarkably useful form of mental disturbance. Calculated liars have to keep their stories straight, while the deluded are sincere and often unshakable in their misguided beliefs. The Powers That Be insist…Read
Reader Sundog suggested I gather reader comments on ECONNED and update them weekly, particularly since I am answering questions. In the future, I’ll do this on slower news days (probably Saturday AM into Sunday), but…Read
The Financial Times give us yet another sorry update in the bankster vs. the general public saga, and the banksters continue to gain ground. Their latest about-to-be-cinched victory is beating back a pro-reform idea sponsored by…Read