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(22 Nov 09)
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Mortgage Fraud Whitewash: “Get Out of Jail Free”
By Yves Smith
American leadership is reliable in one respect: it consistently undershoots my already low expectations.
Or maybe I have it backwards because I keep forgetting who the authorities ar…
Job Figures Won't Add Up
By John Crudele
The charade continues this Friday.
That’s when the Labor Department will announce how many jobs it claims were lost in the US economy during December.
The number is essentially wo…
Money & Markets – Week of 2.14.10
And Some More Horrible News: Lipper FMI Reports $916M in High Yield Bond Overflows, Following $1B Outflow in Prior Week
ZeroHedge (18 Feb 10)
Fed Begins Tightening Process: Discount Rate Raised To 0….
San Bernardino, California, Gets Bankruptcy Protection
**CAF NOTE: This is a major step in the financial coup d’etat abrogating retirement liabilities managed by state and local pension fund. For a story regarding Calpers involvement in engineering the …
Morgan, HSBC Sued Over Silver Price Suppression
By Jonathan Stempel
JPMorgan Chase & Co. and HSBC Holdings Plc were hit with two lawsuits on Wednesday by investors who accused them of conspiring to drive down silver prices and reaping an es…
Quote du Jour
Though your balance-sheet’s a model of what balance-sheet should be,
Typed and ruled with great precision in a type that all can see;
Though the grouping of the assets is commendable and clear,
A…
