By Sven Egenter The police commander heading security at the World Economic Forum in Switzerland was found dead on Tuesday, local authorities said, adding that

The heavily-redacted regulatory filing that spells out the details of the New York Federal Reserve’s controversial bailout of American International Group is a secret no

By Michael B. Marois The California State Teachers Retirement System, the second biggest U.S. public pension, will need to ask taxpayers for more money after

By Emily Singer The anti-aging power of blood might not be just the stuff of vampire stories. According to new research from Harvard University, an

From the Federal Register today: [Federal Register: January 28, 2010 (Volume 75, Number 18)] [Rules and Regulations] [Page 4635-4654] From the Federal Register Online via

Ben Bernanke’s great reflation gamble appears to be working. Unfortunately, it appears to be working in all the wrong places. Continue reading The Trillion Dollar

CAF Note: Not enough time to ask about: the Chair of the NY Fed being a former Goldman Co-Chair, a member of the Goldman board

By James MacPherson A federal appeals court on Tuesday affirmed a lower court’s decision to dismiss a lawsuit by two North Dakota farmers who said

By Joe Weisenthal and Kamelia Angelova Continue reading Chart of The Day: How The AIG Bailout Really Worked

1. You and those you love are your assets – invest in you, your health, your homebase and your own business first; 2. Bank and

The 2010 State of the Union Address will be given by United States President Barack Obama on January 27, 2010, to a joint session of

I am watching the Congressional testimony about AIG. It’s a parade of people lying to themselves and to you. My expectation is that you will

Today the House Committee on Oversight and Government Reform held hearings on: “The Federal Bailout of AIG” to examine the Federal response to the collapse

By Tyler Durden Zero Hedge discussed a month ago the disastrous prospects of what would happen if the new proposal contemplated by the SEC, which

By Ryan Grim A Republican senator said Tuesday that documents showing Federal Reserve Board Chairman Ben Bernake covered up the fact that his staff recommended

By Gretchen Morgenson and Louise Story Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board

By Rob Kirby According to the most recent data from the U.S. Office of the Comptroller of the Currency, the notional value of derivatives held

“My grandmother was not a highly educated woman, but she told me as a small child to quit feeding stray animals. You know why? Because

View Larger Map

By Nick Turse One moment there was the hum of a motor in the sky above. The next, on a recent morning in Afghanistan’s Helmand

By Joe Weisenthal and Kamelia Angelova View Larger Chart In the last several days, a view emerged that the tightening has un-officially begun. Continue reading

By David Voreacos, Carlyn Kolker and Klaus Wille A Swiss court ruling that impedes the Internal Revenue Service’s ability to collect data on 4,450 UBS

By Michael Shuman Since the global financial system unraveled in 2008, U.S. policymakers have struggled heroically to improve the performance and oversight of global banks

U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the American International Group bailout like

By Tyler Durden Politico has obtained the phone log of conversations performed by then FRBNY President Tim Geithner during the period of the financial crisis,

By Inigo Gilmore As a member of the media covering the tragedy in Haiti, it’s with a sense of alarm and astonishment that I’ve witnessed

It would appear that Goldman thinks that raising interest rates would be a disaster. What that means is the folks borrowing for 0-1/2% on the

By Tyler Durden We apologize in advance for the NY Magazine-style headline, but this is a report that has to be read by all Senators

By Peggy Noonan What does the Massachusetts election mean? It means America is in play again. The 2008 election settled nothing, not even for a

By Elizabeth Kneebone and Emily Garr An analysis of the location of poverty in America, particularly in the nation’s 95 largest metro areas in 2000,

View Larger Chart By Jesse Here is an interesting chart that shows the ascendancy of the financial sector in the US. Continue reading Financial Services:

By Tyler Durden Rep. Darrell Issa comes out guns blazing once again, alleging that the Fed provided a selective response to the subpoena to provide

By Ishkabibble Become majority lender in an economy of people with assets you want. Encourage indebtedness by loaning generously while securing on assets of interest.

We have received several comments from listeners and readers questioning whether or not mortgage companies or banks are required to provide homeowners specific proof of

Continue reading Ron Paul:”We Need To Take Out The CIA”

The 94 United States district courts are the general trial courts of the United States federal court system. Both civil and criminal cases are filed

One of the greatest pleasures in life is to have visitors. That is why we are so glad to see you. We hope your stay

By Philip Elliott and Daniel Wagner Embracing Depression-era policy and populist politics, a combative President Barack Obama chastised big Wall Street banks Thursday and urgently

By Vincent Fernando and Kamelia Angelova Continue reading Workers Are Unemployed So Long, They’re Forgetting Their Skills

By David G. Savage In a 5-4 decision that strikes down a 1907 law, the justices say the 1st Amendment gives corporations, just like individuals,

By Michel Chossudovsky A Haiti disaster relief scenario had been envisaged at the headquarters of US Southern Command (SOUTHCOM) in Miami one day prior to

A Solari Circle is a small (twelve or fewer members is recommended) financial action club formed by people who know and trust each other and

By Philip Stephens When Lloyd Blankfein met politicians in London a little while ago he brushed aside warnings that investment banks faced higher taxes if

Republican Scott Brown has won the Massachusetts Senate seat held for nearly a half-century by Democrat Edward Kennedy. Brown’s victory in the special election gives

By Nicholas Gonzalez, M.D. In recent weeks, as the tenor in the health care debate has become more contentious, and the passage of some far-reaching

by Tom Burghardt In the wake of the Flight 253 provocation, over-hyped terrorism panics, and last year’s Big Pharma and media-engineered hysteria over the H1N1

Unfiltered access is similar to giving your car keys to a friend who doesn’t have a license and letting him drive unaccompanied,” said SEC Chairman

By New York Times If you’re a retiree who relies on interest income, you know that the tap is running dry. In fact, many investors

By Adrian Douglas Here are some Trivial Pursuit questions for you: 1) What is the biggest market in the world for a physical commodity? 2)

For years I have been looking for the story of Jung’s patient who had poisoned her best friend. Thanks to the wonderful Paul Levy at

I asked Franklin Sanders recently for his recommendation on a primer on money and banking. He recommended Modern Money Mechanics which was written a while

By Michael Boldin, “Already, over a dozen states are considering laws or state constitutional amendments that would effectively ban, or nullify, any proposed national health

The list of those called to testify for a House inquiry into the American International Group and its payouts to its counterparties just gained a

By Craig Karmin A former top Calpers official has been paid more than $900,000 by a European money manager after he helped the start-up firm

If the US has a Grand Master of family farming and marketing strategy, it’s likely Joel Salatin, here laying out a banquet of food for

By Andrew Ross Sorkin For years, Wall Street whispered that Goldman Sachs profited handsomely by trading ahead of — or even against — its own

U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing

From Ron Paul Powerful Speech – A Call for Revolution?

Yesterday morning,  executives from the banks which control the NY Fed and, in that capacity, serve as the depositories and agent for the US government,

Genetically modified maize can damage the liver and other internal organs in mammals, according to a new study published in the International Journal of Biological

My dear friends Pastor Brent and Debbie Landers lead the General Assembly & Church of the Firstborn 161 Baker Road, Hohenwald, TN 38462. The church

Researchers in Australia found that prolonged television viewing was linked to an increased risk of death, even in people who exercised regularly, and recommended more

At last count, 14 Attorneys General, Republican and Democrat are investigating this legislation [federal health care reform] for violating the 10th Amendment to the United

William Black, an associate professor of economics and law at the University of Missouri-Kansas City, talks with Bloomberg’s Betty Liu about Secretary of Treasury Geithner.

President Barack Obama said, “My thoughts and prayers go out to those who have been affected by this earthquake. We are closely monitoring the situation

Argentina’s central bank reserves dispute suffered an expected escalation when on Tuesday Judge Thomas Griesa from New York State placed an embargo on Argentine central

By Lester Brown America’s century-old love affair with the automobile may be coming to an end. The U.S. fleet has apparently peaked and started to

By Tom Philpott The Gates Foundation has emerged as a kind of de facto USDA for Africa: a deep-pocketed funder with a focus on agriculture,

Executive Order will Strengthen Further Partnership Between the Federal and State and Local Governments to Better Protect Our Nation The President today signed an Executive

By Joe Weisenthal Continue reading Chart of The Day:Cash-Strapped States Hope Salvation Is Right Around The Corner

by Jesse As a rule of thumb, the worst possible time to convert lump sum savings into a fixed income annuity would be when interest

By David Glovin The Federal Reserve will ask a U.S. appeals court to block a ruling that for the first time would force the central

Continue reading Second Wave Of Mortgage Defaults – Part 1

by Karl Denninger Now this is a guaranteed rape job. In a short conversation this noontime that CNBC apparently has omitted from their archives (Why’s

By Joe Weisenthal and Kamelia Angelova Continue reading Chart Of The Day: A Jobless Recovery? Not For The Financial World

By Frederick J. Sheehan This paper is directed to traditional municipal bondholders, those who hold bonds primarily to receive tax-exempt, steady income. That investor generally

By Jeff Plungis U.S. investors oppose federal initiatives that would force them to give up control over their 401(k) accounts, the Investment Company Institute said.

By Elena Logutenkova, Joseph Heaven and Klaus Wille Switzerland’s financial markets regulator broke the law when it ordered UBS AG to give data on 255