How To (Unlawfully?) Blow A Market Bubble
The post below shows how we need to be asking a lot more questions as a country. Are numbers being fudged to “psych” us out this recession. That’s just a nice way of saying “lie their way out of it” –...
View ArticleSwaps as Breach of Fiduciary Duties
“That’s right. Issuers are essentially paying twice for flawed deals that bestowed great riches on the bankers and advisers who sold them. Taxpayers should be outraged, but to be angry you have to be...
View ArticleGood news: Gilad Shalit to be released after five years … in exchange for...
What? Is there any strategic argument for doing this? Israel’s followed through on these insanely lopsided prisoner swaps before, but the supporting rationales never seem to get much more compelling...
View ArticleHerman Cain: Sure, I can see myself releasing everyone at Gitmo in exchange...
Oof. Via Greg Hengler and Guy Benson, if this answer doesn’t destroy him, nothing will. I get the sense watching it that he’s so unsure of how to answer this exceedingly easy question that he defaults...
View ArticleThe Wall Street Wizards Caused All of This- Will They Starve Us Next?
We all know that the mess this country faces is primarily the result of high stakes games that were played by Wall Street’s financial wizards. The derivitives, the swaps, the pricing….it was all a...
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