Justia VerdictDoes JPMorgan's Derivatives Fiasco Portend The Collapse Of Crude Oil and …Huffington Post (blog)According to The Wall Street Journal, JPMorgan's losses on what has been reported as big directional bets on credit derivatives, but…
New York TimesMF Global Trustee Gets $168 Million From JPMorganNew York TimesThe trustee overseeing the return of customer money after the collapse of MF Global has received more than $168 million from JPMorgan Chase, the first bank payment since the c…
Greece faces repeat elections as coalition talks collapse (via AFP) Debt-stricken Greece must hold fresh elections after talks on forming a new government broke up…
It looks increasingly likely that Greece will have to implement controls to prevent capital flight and a banking collapse. To my mind, the only real…
Now… Matt Zames… Matt Zames… where have we heard that name before… OH YES: he just happens to be the Chairman of the Treasury Borrowing…
The New Urbanists held their big annual meet-up for four days last week and I stomped a big carbon footprint flying down to West Palm Beach for the doings. I don’t know who exactly picked West Palm, but it was at once peculiar, disheartening, instructive, and exhausting. The Congress for the New Urbanism has been throwing this yearly fandango since its founding in 1993 as a fire-eating reform movement dedicated to transforming the…
May 4th, 2012 by Belisarius (For The Week Ending April 27, 2012) Total collapse because of oversupply this winter followed by a rebound in recent weeks. Market…
In a bid to boost ratings, CNN hired the ignorant, biased, and obnoxious Wall Street cheerleader Erin Burnett away from CnBS last year. Since slotting…
by Peter Orszag “In a speech last month about the financial crisis, Federal Reserve Chairman Ben S. Bernanke trenchantly noted that the initial losses from…
Los Angeles TimesLehman Bros. pay report brings calls for reformLos Angeles TimesLawmakers and others say disclosure at financial institutions should be beefed up after report that 50 Lehman employees were awarded nearly $700 million in the year before…