Money & Markets – Week of  5.16.10

Money & Markets – Week of 5.16.10

William Engdahl Euro Slump Due To Planned Wall Street And Washington’s Attack – Read Article Germans Fantasize About New Rich-Nation Currency Bloc That Doesn’t Even

Money & Markets – Week of  5.2.10

Money & Markets – Week of 5.2.10

Germany Backs Greek Aid as Merkel Urges EU Discipline Bloomberg.com (7 May 10) John Taylor: “Dead Man Walking…The Euro Is Finished” Zero Hedge (6 May

Money & Markets – Week of  5.2.10

Money & Markets – Week of 5.2.10

Germany Backs Greek Aid as Merkel Urges EU Discipline Bloomberg.com (7 May 10) John Taylor: “Dead Man Walking…The Euro Is Finished” Zero Hedge (6 May

Money & Markets – Week of  4.25.10

Money & Markets – Week of 4.25.10

Goldman Sachs Reveals it Shorted Gulf of Mexico The Huffington Post (30 April 10) Treasury Redeems A Gargantuan $643 Billion In Treasuries In April Zero

Money & Markets – Week of  4.25.10

Money & Markets – Week of 4.25.10

Goldman Sachs Reveals it Shorted Gulf of Mexico The Huffington Post (30 April 10) Treasury Redeems A Gargantuan $643 Billion In Treasuries In April Zero

Money & Markets – Week of  4.18.10

Money & Markets – Week of 4.18.10

Mayor Bloomberg’s Offshore Millions New York Observer (20 Apr 10) GOP Ramps Up Attacks on SEC Over Porn Surfing DailyFinance (23 Apr 10) Senators Close

Money & Markets – Week of  4.18.10

Money & Markets – Week of 4.18.10

Mayor Bloomberg’s Offshore Millions New York Observer (20 Apr 10) GOP Ramps Up Attacks on SEC Over Porn Surfing DailyFinance (23 Apr 10) Senators Close

Money & Markets – Week of  4.11.10

Money & Markets – Week of 4.11.10

Fried-Chicken Indicator Isn’t Bullish MarketWatch.com (16 Apr 10) Greek Aid in Doubt as German Professors Prepare Court Challenge London Telegraph (15 Apr 10) Saint-Etienne Swaps

Money & Markets – Week of  4.11.10

Money & Markets – Week of 4.11.10

Fried-Chicken Indicator Isn’t Bullish MarketWatch.com (16 Apr 10) Greek Aid in Doubt as German Professors Prepare Court Challenge London Telegraph (15 Apr 10) Saint-Etienne Swaps

Money & Markets – Week of  4.4.10

Money & Markets – Week of 4.4.10

Glenn Beck Inc Forbes (26 April 10) Los Angeles Water/Coal Impasse Sees $3.2B GO Debt Downgrade MarketNews.com (7 April 10) Moody’s Cuts LA Credit Rating,

Money & Markets – Week of  4.4.10

Money & Markets – Week of 4.4.10

Glenn Beck Inc Forbes (26 April 10) Los Angeles Water/Coal Impasse Sees $3.2B GO Debt Downgrade MarketNews.com (7 April 10) Moody’s Cuts LA Credit Rating,

Money & Markets – Week of  3.21.10

Money & Markets – Week of 3.21.10

U.S. Stocks Rise as Drug Shares Gain on House Health Bill Bloomberg.com (22 March 10) SEC: Hacker Manipulated Stock Prices Wired (16 March 10) Sudden

Money & Markets – Week of  3.21.10

Money & Markets – Week of 3.21.10

U.S. Stocks Rise as Drug Shares Gain on House Health Bill Bloomberg.com (22 March 10) SEC: Hacker Manipulated Stock Prices Wired (16 March 10) Sudden

Money & Markets – Week of  3.14.10

Money & Markets – Week of 3.14.10

Power Cost To Surge In Three Years The Sydney Morning Herald (20 March 10) Record Weekly Outflow From Money Market Funds-EPFR Reuters (18 March 10)

Money & Markets – Week of  3.14.10

Money & Markets – Week of 3.14.10

Power Cost To Surge In Three Years The Sydney Morning Herald (20 March 10) Record Weekly Outflow From Money Market Funds-EPFR Reuters (18 March 10)

Money & Markets – Week of  3.7.10

Money & Markets – Week of 3.7.10

Examiner Sees Gimmicks in Lehman Demise Reuters (12 March 10) Morgan, Citigroup Helped Cause Lehman’s Collapse, Examiner Finds GATA (11 March 10) So Where, Exactly,

Money & Markets – Week of  3.7.10

Money & Markets – Week of 3.7.10

Examiner Sees Gimmicks in Lehman Demise Reuters (12 March 10) Morgan, Citigroup Helped Cause Lehman’s Collapse, Examiner Finds GATA (11 March 10) So Where, Exactly,

Money & Markets – Week of  2.28.10

Money & Markets – Week of 2.28.10

Russia Nudging Belarus, Kazakhstan Away From Dollar GATA (5 March 10) Treasury’s Bailout Overseer Shifts Course From ‘Too Big to Fail’ The Washington Post (5

Money & Markets – Week of  2.28.10

Money & Markets – Week of 2.28.10

Russia Nudging Belarus, Kazakhstan Away From Dollar GATA (5 March 10) Treasury’s Bailout Overseer Shifts Course From ‘Too Big to Fail’ The Washington Post (5

Money & Markets – Week of  2.21.10

Money & Markets – Week of 2.21.10

Thai Court Reading Verdict on Thaksin’s $2.3 Billion Bloomberg.com (26 Feb 10) Germany Debt Chief Hints at Greek Rescue Telegraph.co.uk (25 Feb 10) An Interview

Money & Markets – Week of  2.21.10

Money & Markets – Week of 2.21.10

Thai Court Reading Verdict on Thaksin’s $2.3 Billion Bloomberg.com (26 Feb 10) Germany Debt Chief Hints at Greek Rescue Telegraph.co.uk (25 Feb 10) An Interview

Money & Markets – Week of  2.14.10

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

Money & Markets – Week of  2.14.10

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

Money & Markets – Week of  2.7.10

Money & Markets – Week of 2.7.10

Goldman Sachs Faces ‘Robin Hood Tax’ Vote-rigging Claims Telegraph.co.uk (11 Feb 10) China Orders Retreat From Risky Assets Telegraph.co.uk (10 Feb 10) Coming To America:

Money & Markets – Week of  2.7.10

Money & Markets – Week of 2.7.10

Goldman Sachs Faces ‘Robin Hood Tax’ Vote-rigging Claims Telegraph.co.uk (11 Feb 10) China Orders Retreat From Risky Assets Telegraph.co.uk (10 Feb 10) Coming To America:

Money & Markets – Week of  1.31.10

Money & Markets – Week of 1.31.10

G-7 Splits Hurt Investors as Ministers Seek Exit Plan Bloomberg.com (05 Feb 10) JPMorgan’s Dimon Gets $17 Million Stock Award Bonus Bloomberg.com (05 Feb 10)

Money & Markets – Week of  1.31.10

Money & Markets – Week of 1.31.10

G-7 Splits Hurt Investors as Ministers Seek Exit Plan Bloomberg.com (05 Feb 10) JPMorgan’s Dimon Gets $17 Million Stock Award Bonus Bloomberg.com (05 Feb 10)

Money & Markets – Week of  1.24.10

Money & Markets – Week of 1.24.10

Funds Flee Greece as Germany Warns of “Fatal” Eurozone Crisis Telegraph.co.uk (28 Jan 10) EU Signals Last-resort Backing For Greece Financial Times (29 Jan 10)

Money & Markets – Week of  1.24.10

Money & Markets – Week of 1.24.10

Funds Flee Greece as Germany Warns of “Fatal” Eurozone Crisis Telegraph.co.uk (28 Jan 10) EU Signals Last-resort Backing For Greece Financial Times (29 Jan 10)

Money & Markets – Week of  1.17.10

Money & Markets – Week of 1.17.10

Meredith Whitney Predicts Obama Bank Plan Will Pass Bloomberg.com (22 Jan 10) Obama’s Banking Proposals: The Impact on Europe BBC News (22 Jan 10) Strike

Money & Markets – Week of  1.17.10

Money & Markets – Week of 1.17.10

Meredith Whitney Predicts Obama Bank Plan Will Pass Bloomberg.com (22 Jan 10) Obama’s Banking Proposals: The Impact on Europe BBC News (22 Jan 10) Strike

Money & Markets – Week of  1.10.10

Money & Markets – Week of 1.10.10

Who Is the ‘One Big Bidder’ For US Treasuries? Jesses’s Cafe American (14 Jan 10) Bernanke Fights to Keep Bank Powers in Senate Letter Bloomberg.com

Money & Markets – Week of  1.10.10

Money & Markets – Week of 1.10.10

Who Is the ‘One Big Bidder’ For US Treasuries? Jesses’s Cafe American (14 Jan 10) Bernanke Fights to Keep Bank Powers in Senate Letter Bloomberg.com

Money & Markets – Week of  1.03.10

Money & Markets – Week of 1.03.10

Massive Jump In Emergency Unemployment Compensation (EUC) Benefits – Up 43% In One Month! Mish’s Global Economic Analysis (07 Jan 10) Census Jobs May Jump-Start

Money & Markets – Week of  1.03.10

Money & Markets – Week of 1.03.10

Massive Jump In Emergency Unemployment Compensation (EUC) Benefits – Up 43% In One Month! Mish’s Global Economic Analysis (07 Jan 10) Census Jobs May Jump-Start

Money & Markets – Week of 12.27.09

Money & Markets – Week of 12.27.09

Ethiopian Farms Lure Investor Funds as Workers Live in Poverty Bloomberg.com (31 Dec 09) Treasury Debt Sales Top $2.1 Trillion for Year The Wall Street

Money & Markets – Week of 12.27.09

Money & Markets – Week of 12.27.09

Ethiopian Farms Lure Investor Funds as Workers Live in Poverty Bloomberg.com (31 Dec 09) Treasury Debt Sales Top $2.1 Trillion for Year The Wall Street

Money & Markets – Week of 12.20.09

Money & Markets – Week of 12.20.09

Harvard Swaps Are So Toxic Even Summers Won’t Explain Bloomberg.com (22 Dec 09) Banks With Political Ties Got Bailouts, Study Shows Reuters (21 Dec 09)

Money & Markets – Week of 12.13.09

Money & Markets – Week of 12.13.09

The European AIG: How Moody’s Downgrade Of Greece Can Start The Avalanche Zero Hedge (18 Dec 09) PIMCO Sells $26.5 Billion In Treasuries And MBS

Money & Markets – Week of 12.13.09

Money & Markets – Week of 12.13.09

The European AIG: How Moody’s Downgrade Of Greece Can Start The Avalanche Zero Hedge (18 Dec 09) PIMCO Sells $26.5 Billion In Treasuries And MBS

Money & Markets – Week of 12.06.09

Money & Markets – Week of 12.06.09

Charlie Rose – Robin Williams YouTube (07 Dec 09) Soros Seeks $100 Billion in IMF Funds for Green Plan Bloomberg.com (10 Dec 09) Brown And

Money & Markets – Week of 12.06.09

Money & Markets – Week of 12.06.09

Charlie Rose – Robin Williams YouTube (07 Dec 09) Soros Seeks $100 Billion in IMF Funds for Green Plan Bloomberg.com (10 Dec 09) Brown And

Barron’s 25 Best Givers

Barron’s 25 Best Givers

By Suzanne McGee With money tight, top philanthropists insist on more bang for the buck. Meet the 25 most effective givers. The name of the

Money & Markets – Week of 11.29.09

Money & Markets – Week of 11.29.09

Matt Weinstein, Playfair Inc. Depressed Americans Quit The Labor Force The Business Insider (04 Dec 09) Israel’s Fischer Says World Must Accept A Weaker US

Money & Markets – Week of 11.22.09

Money & Markets – Week of 11.22.09

‘One Worker, One Vote:’US Steelworkers to Experiment with Factory Ownership, Mondragon Style Solidarity Economy (27 Oct 09) Washington Post to Close Three Regional Bureaux BBC

Money & Markets – Week of 11.15.09

Money & Markets – Week of 11.15.09

Stocks Plunge as Treasury Three-Month Bill Yields Turn Negative Bloomberg.com (19 Nov 09) Wells Fargo to Pay $1.4 Billion in Auction-Rate Securities Settlement Law.com (19

Money & Markets – Week of 11.08.09

Money & Markets – Week of 11.08.09

Barrick Shuts Hedge Book as World Gold Supply Runs Out Telegraph.co.uk (11 Nov 09) Barclay’s Remarkable Bargain New York Times (9 Nov 09) How the

Money & Markets – Week of 11.01.09

Money & Markets – Week of 11.01.09

World’s Central Banks Signal End to Policy ‘Largesse’ Bloomberg.com (6 Nov 09) U.S. Stocks Erase Gain as House Votes to Limit Card Rates Bloomberg.com (4

Money & Markets – Week of 10.25.09

Money & Markets – Week of 10.25.09

Shell Profit Plunges Reuters (29 Oct 09) Einhorn’s Next Call Won’t Be as Easy as Lehman: William Pesek Bloomberg.com (29 Oct 09) Unemployed Tap Their

Money & Markets – Week of 10.18.09

Money & Markets – Week of 10.18.09

Goldman Sachs Still Paid for Swaps on Redeemed Bonds (Update2) Bloomberg.com (23 Oct 09) Companies Played Key Role in Getting Salaries Cut The Slatest (22

Money & Markets – Week of 10.11.09

Money & Markets – Week of 10.11.09

Greenspan Says U.S. Should Consider Breaking Up Large Banks Bloomberg.com (16 Oct 09) Russia Ready to Abandon Dollar in Oil, Gas Trade With China RIANOVOSTI

Money & Markets – Week of 10.04.09

Money & Markets – Week of 10.04.09

The Treasury Department Endorses Lying To The Public Zero Hedge (07 Oct 09) Asian Central Banks Intervene as Dollar Tumbles The Wall Street Journal (08

Money & Markets – Week of  9.27.09

Money & Markets – Week of 9.27.09

Tracking Stimulus Dollars: Dot-Com Vs. Dot-Gov NPR (02 Oct 09) Europe’s Jobless Youth ‘Tragedy’ Rattles EU Ministers Telegraph.co.uk (01 Oct 09) Slow Money, Financial Permaculture

Money & Markets – Week of  9.20.09

Money & Markets – Week of 9.20.09

Goldman Desperate To Avoid PR Disaster Come Bonus Season (G) The Business Insider (24 Sept 09) Banks Are Forcing Homeowners to Keep Paying After Short

Fannie Mae Legal Expenses

Fannie Mae Legal Expenses

By Brian Baxter Recent disclosures from the Federal Housing Finance Agency reveal that lawyers representing former Fannie Mae executives Franklin Raines, J. Timothy Howard and

Money & Markets – Week of  9.13.09

Money & Markets – Week of 9.13.09

SEC Proposes Ban on Allowing Stock Flash Orders (Update1) Bloomberg.com (18 Sept 09) Cap-and-Trade Memos Fire Up The Skeptics The Washington Post (17 Sept 09)

Poverty and Income

Poverty and Income

By Avi Feller and Chad Stone Two-thirds of the nation’s total income gains from 2002 to 2007 flowed to the top 1 percent of U.S.

UN Calls for New Global Currency

UN Calls for New Global Currency

By Jonathan Tirone The dollar’s role in international trade should be reduced by establishing a new currency to protect emerging markets from the “confidence game”

Money & Markets – Week of  9.06.09

Money & Markets – Week of 9.06.09

Business Lobby Urges Pension Freeze Reuters.uk (11 Sept 09) European Commission Sees Galloping UK Debt Crisis Telegraph.co.uk(10 Sept 09) As the Markets Climb on Top

"Farewell America"

"Farewell America"

Here is an update on last week’s blog post: Oldest Swiss Bank Advises Clients to Pull Out of US Securities Here is the full investment

SASAC Clarifies Statement on Derivatives Contracts

SASAC Clarifies Statement on Derivatives Contracts

The report that the State Assets Supervision and Administration Commission (SASAC) would allow Chinese state-owned enterprises (SOEs) to default on derivative deals was misinterpreted, Reuters

Money & Markets – Week of 8.30.09

Money & Markets – Week of 8.30.09

Lehman Downfall Triggered by Mix-up Between London And Washington Guardian.co.uk (03 Sept 09) Bailout Propaganda Begins True/Slant (01 Sept 09) Washington vs. Silicon Valley The

Money & Markets – Week of 8.23.09

Money & Markets – Week of 8.23.09

Fed Urges Secrecy on Banks in Bailout Programs Reuters (27 Aug 09)    ~ View the docket and documents involved in this case Capital Flight: A

Money & Markets – Week of 8.16.09

Money & Markets – Week of 8.16.09

FDIC Transfers Guaranty to BBVA Compass FDIC (21 Aug 09) China Now Japan’s Top Partner Zero Hedge.com (20 Aug 09) Regulators Shut Guaranty Financial ABC

Money & Markets – Week of 8.09.09

Money & Markets – Week of 8.09.09

Starwood Raises $810 Million, May be Year’s Top IPO Reuters (12 Aug 09) Deutsche Bank Tactics Push Bohndorf Into Spotlight (Update2) Bloomberg.com (12 Aug 09)

Money & Markets – Week of 8.02.09

Money & Markets – Week of 8.02.09

Animal Rights Extremists Target Novartis CEO Swissinfo.ch (04 Aug 09) AIG Breakup Is Fee Bonanza The Wall Street Journal (07 Aug 09) Judge Won’t Approve

Money & Markets – Week of 7.26.09

Money & Markets – Week of 7.26.09

The End Of The End Of The Recession Zero Hedge (26 July 09) Bernanke: This May be Worse Than Great Depression Market Watch (26 July

Money & Markets – Week of 7.19.09

Money & Markets – Week of 7.19.09

We Now Have A Total Gangster Government YouTube FDIC’s Bair Seeks Fund to Wind Down Finance Firms (Update2) Bloomberg.com (23 July 09) CIT Hit With

Money & Markets – Week of 7.12.09

Money & Markets – Week of 7.12.09

American Express Halts UK Pension Payments TimesonLine (16 July 09) Calif. Tax Officials: Legal Pot Would Bring $1.4B Yahoo News (15 July 09) World Bank

Rich Harvard, Poor Harvard

Rich Harvard, Poor Harvard

Picture by David Williams Only a year ago, Harvard had a $36.9 billion endowment, the largest in academia. Now that endowment has imploded, and the

Money & Markets – Week of 7.05.09

Money & Markets – Week of 7.05.09

G8 and G5 Consensus to Close The Doha Round Trade Talks Next Year MercoPress (10 July 09) Influence is All in The Bag For “Government

California Shock Doctrine, Part V

California Shock Doctrine, Part V

Thanks to Matt Taibbi’s wonderful article “The Great American Bubble Machine,” I was inspired to do some more bailout math. It looks to me like

Money & Markets – Week of 6.28.09

Money & Markets – Week of 6.28.09

China Moves to Cut Reliance on Dollar Financial Times (03 July 09) [Must subscribe to read full article.] Keep an Eye on Russia’s Imploding Banks

Getting 'em Hooked

Getting 'em Hooked

By McLaren and Torchinsky The Sam’s Club in Salisbury, Maryland, is promoting its pharmacy by handing out pill bottles filled with candy to kids. I

Financial Coup d'Etat…401k Trial Balloon?

Financial Coup d'Etat…401k Trial Balloon?

By Chris Giles Strains in pensions systems, in both private and public provision, threaten to turn the financial crisis of the past two years into

Harvard Endowment, Part II

Harvard Endowment, Part II

From Wikimedia Commons, the free media repository Can you imagine Harvard resisting the temptation to profit from creating distressed communities and assets and then trading

Money & Markets – Week of 6.21.09

Money & Markets – Week of 6.21.09

Goldman Sachs: Great American Bubble Machine Zero Hedge (24 June 09) House Committee Approves Bill Restricting 401(k) Advice to Indie Advisers Investment News (26 June

Money & Markets – Week of 6.14.09

Money & Markets – Week of 6.14.09

Mafia Blamed For $134bn Fake Treasury Bills Financial Times (18 June 09) The Retreat of the Shadow Lenders, Why Deflation and not Inflation is the

Financial Ecosystems, Part II

Financial Ecosystems, Part II

Chicago’s 49th Ward See Financial Ecosystems, Parts III One of the reasons to map your financial ecosystems, is because it is best to understand existing

Money & Markets – Week of 6.07.09

Money & Markets – Week of 6.07.09

US Treasury Names Asset Managers and Launches Legacy Securities Program: is one-half of the Public Private Investment Program (PPIP) meant to help US financial institutions

Money & Markets – Week of 5.31.09

Money & Markets – Week of 5.31.09

Towards a World War of Interest Rates Aimed at Capturing Global Savings LEAP/E2020 (16 Jan 09) Bernanke Warns on Deficits as Interest Rates Rise USA

Money & Markets – Week of 5.24.09

Money & Markets – Week of 5.24.09

Financial Overhaul Raises Questions The Wall Street Journal (29 May 09) Manipulation: How Markets Really Work Baltimore Chronicle (29 May 09) Is Larry Summers Taking

Money & Markets – Week of 5.17.09

Money & Markets – Week of 5.17.09

Morgan Stanley, JPMorgan, Goldman Said to Apply to Repay TARP Bloomberg.com (19 May 09) A View From The Hill Journal of Accountancy Former Head of

Money & Markets – Week of 5.10.09

Money & Markets – Week of 5.10.09

Carlyle Groups Settles in “Pay to Play” Scandal Probe abcNews (14 May 09) The Mystery of ‘Frannie’s’ Great Divide The Wall Street Journal (14 May

Money & Markets – Week of  4.26.09

Money & Markets – Week of 4.26.09

Support For Free Market Economy Up Seven Points Since December Rasmussen Reports (27 Apr 09) Talks Tip Chrysler Toward Bankruptcy Washington Post (30 Apr 09)

Money & Markets – Week of  4.19.09

Money & Markets – Week of 4.19.09

Auditors: Nearly 25% of Companies May Not Be Going Concerns CFO (22 April 09) FBAR Penalties Reduced for Six Months Journal of Accountancy (22 April

Money & Markets – Week of 4.12.09

Money & Markets – Week of 4.12.09

Stiglitz Says White House Ties to Wall Street Doom Bank Rescue Bloomberg.com (17 April 09) A.I.G. Audited on Its Payouts The New York Times (07

Money & Markets – Week of 4.05.09

Money & Markets – Week of 4.05.09

Bill Moyers Interviews William K. Black Bill Moyers Journal (03 April 09) What happened in Argentina; Informing the Financial Crisis Information Clearing House Investment Losses

Money & Markets – Week of 3.29.09

Money & Markets – Week of 3.29.09

How Much of The GM Problem is a Derivatives Problem? Bloomberg (02 April 09) GM Bondholders Back Obama’s Demand for Deeper Cuts (Update2) Bloomberg (02