Geopolitical – Week of 11.11.2012

November 11, 2012September 10, 2022

Catherine’s Letters to New York Times “Tapeworm” Economics of Prison Stocks

October 15, 2010September 10, 2022

Catherine’s letter to the NY Times about the perverse incentive systems and “tapeworm” economics of prison stocks before she knew that Dillon had banked and

Chart of the Day: The Bailout Has Transformed Into An MBS Buying Program

November 9, 2009September 10, 2022

At Clusterstock

A Small Point on an Important Point

August 11, 2007September 10, 2022

We face real challenges in maintaining liquidity in the mortgage market by “dropping” money out of central banking “helicopters.” It is one thing to keep