These are the most recent diaries filed under this tag:
The Financial Crisis Inquiry Commission has spoken: As this report goes to print, there are more than 26 million Americans who are out of work , cannot find full-time work, ...
by jamess
Comment Count 49 comments on Sun Jan 30, 2011 at 06:03 AM PST with 30 Recommends
The Country has gone through an Economic Speculative collapse, the likes of which we haven't seen in ages. Until we come to terms with WHAT happened and WHY -- and put in place corrective ...
by jamess
Comment Count 14 comments on Tue Dec 14, 2010 at 07:31 PM PST with 20 Recommends
What is it about Banking and a change of work shifts -- that makes the caterers all take on an uncharacteristic Candor?
by jamess
Comment Count 18 comments on Mon Dec 13, 2010 at 07:22 PM PST with 16 Recommends
I was wondered what ever happen with the Wall Street "insiders" who were pivotal players in the Scam of the Century -- what their "punishment" was, for all those "AAA" rating on Credit Default ...
by jamess
Comment Count 11 comments on Fri Dec 10, 2010 at 09:03 AM PST with 21 Recommends
Some new drama in the housing crisis. Now that the taxpayers have been robbed bailed out the banks to cover wild gambling bets and lost most of their wealth in the process; ...
by FIREeconomy
Comment Count 1 comments on Thu Oct 21, 2010 at 08:09 AM PDT with 0 Recommends
Citigroup, Ally Sued for Racketeering Over Database Bloomberg ...
by jamess
Comment Count 28 comments on Mon Oct 04, 2010 at 08:54 PM PDT with 37 Recommends
Thank goodness. It couldn't have happen a day too soon. NBC Nightly News (03-09-09) Tent Cities of Homeless Springing Up In Bad ...
by jamess
Comment Count 48 comments on Fri Oct 01, 2010 at 03:52 PM PDT with 32 Recommends
Tonight, we have breaking news from the Wall Street Journal telling us that Morgan Stanley is on the business end of a (what Yves Smith over at Naked Capitalism is referencing as "criminal") fraud ...
by bobswern
Comment Count 31 comments on Tue May 11, 2010 at 10:05 PM PDT with 51 Recommends
If credit was worth something... [cred�it (krdt) http://www.thefreedictionary.com/credit] n. 1. Belief or confidence in the truth of something. 2. A reputation for ...
by exmearden
Comment Count 105 comments on Sun May 02, 2010 at 05:02 PM PDT with 0 Recommends
Something Krugman said recently made me think this "Goldman Email Gate", was a bit of a Mis-Direction. Afterall it is their Job to Make Money in both Up and Down Markets. So I decided to ...
by jamess
Comment Count 7 comments on Tue Apr 27, 2010 at 04:23 AM PDT with 10 Recommends
I saw Krugman on the TVeee over the Weekend. Something he said, made me think the Goldman Email Gate, was a big Mis-Direction. So I decided to follow up on that hunch; I took to the Intertubes, ...
by jamess
Comment Count 19 comments on Mon Apr 26, 2010 at 03:03 PM PDT with 12 Recommends
After watching our teevee news anchors struggle mightily to explain the Goldman Sachs suit to middle America ( okay ...after watching The Daily Show’s recapitulation of news ...
by trillian
Comment Count 7 comments on Wed Apr 21, 2010 at 06:06 AM PDT with 16 Recommends
The joys of existence in and around Wall Street continue as before. Madness reigns: Goldman, Sachs has issued a formal statement . No one here at DKOS will be shocked. However the ...
by vets74
Comment Count 24 comments on Tue Apr 20, 2010 at 02:00 PM PDT with 14 Recommends
How does your Obligation to make your Mortgage Payments, turn into some unseen Investor's "Income Stream"? Easy -- thanks to Derivatives and CDO's (...
by jamess
Comment Count 14 comments on Mon Apr 19, 2010 at 05:10 PM PDT with 14 Recommends
Bill Gross, head of PIMCO, is credited with coining the term "Shadow Banking System". A few years ago he warned about its reckless behavior and how they could wreck the Economy.
by jamess
Comment Count 16 comments on Thu Apr 15, 2010 at 03:50 AM PDT with 19 Recommends
(Title h/t's to Kris Kristofferson and Janis Joplin) The rumors of the death of "Enronomics ," in 2001, have been greatly exaggerated. The fact is, it never died. We now know, based upon [...
by bobswern
Comment Count 69 comments on Tue Apr 06, 2010 at 01:11 AM PDT with 50 Recommends
Introduction To ...
by jamess
Comment Count 47 comments on Wed Apr 21, 2010 at 04:02 AM PDT with 8 Recommends
Not shocking: the Bush White House and Tim Geithner and The Fed had no idea what was happening when they paid off bad paper at AIG. NYFRB paid off casino bets -- fraudulently titled/listed/sold as "...
by vets74
Comment Count 1 comments on Sun Mar 28, 2010 at 12:50 PM PDT with 7 Recommends
On Saturday, The New York Times published an article called " Testy Conflict With Goldman Helped Push A.I.G. to Edge ", which ...
by The Anomaly
Comment Count 27 comments on Mon Feb 08, 2010 at 03:07 PM PST with 7 Recommends
President Obama gave a stirring speech announcing several things that will be popular among the broad economy (i.e., all us small timers). Using $30 Billion of the TARP repayments to ...
by runningdoglackey
Comment Count 17 comments on Thu Jan 28, 2010 at 09:08 PM PST with 13 Recommends