Here is the chart few are looking at, and explains the concept of the dearth or shrinkage of so called safe collateral in the Euro and USD. The reason of course is that the Fed and other central banks hold much of it, or it is now encumbered via direct…
The key liquidity indicators outside of the Fed itself, including commercial bank and foreign central bank purchases of Treasuries and Agencies, large domestic bank trading…
Hoping to insure a positive audience response for Wednesday’s FOMC Circus act, the Fed injected $7.24 billion into the market on Monday, while the Treasury…
Taking in Charles Ferguson’s excellent documentary, Inside Job, about the dark doings of Wall Street in our time, I confess I was awestruck all over again at the complete surrender of Obama to the very characters who embodied the corruption that rot…
Over the weekend the G20 members met to discuss who will be the first to totally destroy their nations currency. When it appeared talks came to a halt about who sucked the most, Federal Reserve messenger boy, Timmy Geithner left Korea to begin preparat…
Watching Secretary Tim “Stonewall” Geithner shuck, jive, and obfuscate before the Congressional Oversight Panel was sickening and disgusting to anyone who has a clue of…
by Jimbo (Stool Pigeons Wire) Isnt it funny-the FBI is putting people in jail for sub prime mortage fraud while the federal goverment is setting…
The pundits are giving credit to the market “reacting favorably” to Geithner’s PIPPICK. I would suggest that the more likely cause is that the Fed…
