This is funny.
Maybe Thomas could sue him for heartburn.
Meet The Man Behind The Liquidating Hedge Fund That Blew Up The Gold Market
Mr. Shak’s positions were extended as far as December 2015, according to exchange data.
“He just had too mu…
This is funny.
Maybe Thomas could sue him for heartburn.
Meet The Man Behind The Liquidating Hedge Fund That Blew Up The Gold Market
Mr. Shak’s positions were extended as far as December 2015, according to exchange data.
“He just had too mu…
SEC approves asset-backed securities disclosures
On Thursday January 20, 2011, 2:07 pm EST
By Sarah N. Lynch
WASHINGTON (Reuters) – U.S. securities regulators gave investors a closer look before they buy asset-backed securities with the adoption of t…
1. Bond Yields Fall. Stocks are cheap. 2. Bond Yields rise. Money is leaving bonds to buy stocks. 3. Bonds crash. Economy is booming. Buy stocks. Also the Fed owns the bonds and will monetize losses. 4. Retail sales are poor. Buy stocks. It was the wea…
Damning evidence of what is going on with bailouts is around the 1 minute mark of this short video from Alan Kohler.
Compares the market’s response to the Greek bailout on their debt spreads pre and post bailout and the implication of what to expect f…
Banks Face Another Mortgage Crisis
“JUST WHEN AMERICA’S MAJOR BANKS seem to be back on their feet, having paid back federal bailout money and cranked up their employee bonus programs, a new threat has emerged that could seriously affect their ea…
http://www.businessinsider.com/california-default-2010-11
CALIFORNIA WILL DEFAULT ON ITS DEBT, Says Chris Whalen
Chris Whalen on TechTicker today. He says there’s no bailout coming for California–or, for that matter, any of the other bankrupt stat…
Dr. Housing Bubble looks at mega-foreclosures in California….
Today we are going to search for some of the biggest Southern California foreclosures. Even though some of these places are relatively cheaper than their peak price they are out of rea…
Ambac Financial Group Inc has sued the US to block IRS seizure of $700 million of tax refunds.
Ambac Sues U.S., Says IRS May Ruin Bankruptcy- Reuters
Bond insurer Ambac Financial Group Inc has sued the United States to block seizure of $700 million…
“Can he tell the IRS that his profits aren’t really profits because there’s a reasonable chance he’ll lose the money again over the long term?”
Zerohedge poster in response to Buffet’s claim to the SEC that losses need not be written down because they…
Why else would the banksters blow up the known world?
Hubris I believe the ancient Greeks called it.
Bankers ’caused credit crisis for kicks’
” . . .
In Blood on the Trading Floor: Waste, Sacrifice and Death in Financial Crises, Dr Crosthwaite claims…