Top Stories - Last 7 Days
online.wsj.com - 4 days ago
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online.wsj.com —
Jesse Neider for the Wall Street Journal Yale
economist John Geanakoplos has seen his previously obscure theory
about collateral's role in the credit bubble gain currency after it burst.
(more)
Crisis Compels Economists To Reach for New Paradigm
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interfluidity.com - 2 days ago
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interfluidity.com —
It worked! Officials pointed to a lot of
good news in terms of visible cash flows associated
with TARP and the various assistance programs. They claimed that since the Obama administration has taken office, more money has come back than has been put ...
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Sympathy for the Treasury
federalreserve.gov - 3 days ago
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federalreserve.gov —
Release Date: November 4, 2009 For immediate release
Information received since the Federal Open Market Committee met
in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on ...
(more)
November 4, 2009
ft.com - 5 days ago
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ft.com —
Since March there has been a massive rally
in all sorts of risky assets – equities, oil,
energy and commodity prices – a narrowing of high-yield and high-grade credit spreads, and an even bigger rally in emerging market asset classes (their stocks, ...
(more)
Mother of all carry trades faces an inevitable bust
nakedcapitalism.com - 4 days ago
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nakedcapitalism.com —
The Treasury invited a small group of bloggers
for a “discussion” with senior officials on Monday. Initially,
the meeting was to be background, which is a sort of journalistic “FYI but you can’t use it” but we were told ...
(more)
Curious Meeting at Treasury Department
nytimes.com - 6 days ago
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nytimes.com —
OVER the past 80 years, the United States
government has engineered not one, not two, not three,
but at least four rescues of the institution now known as Citigroup . In previous instances, the bank came back from the crisis and prospered. Will ...
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Can Citigroup Carry Its Own Weight?
telegraph.co.uk - 5 days ago
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telegraph.co.uk —
Japan is drifting helplessly towards a dramatic fiscal
crisis. For 20 years the world's secondlargest economy has
been able to borrow cheaply from a captive bond market feeding its addiction to Keynesian deficit spending - and allowing it to push ...
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It is Japan we should be worrying about not America
online.wsj.com - 5 days ago
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online.wsj.com —
WASHINGTON -- Goldman Sachs Group Inc. is in
talks to buy millions of dollars of tax credits
from government-controlled mortgage giant Fannie Mae, but the potential deal is running into opposition from the U.S. Treasury, which could block the deal. A ...
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Goldman Looks to Buy Fannie Tax Credits
mcclatchydc.com - 6 days ago
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mcclatchydc.com —
WASHINGTON — In 2006 and 2007, Goldman Sachs
Group peddled more than $40 billion in securities backed
by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send ...
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How Goldman secretly bet on the U.S. housing crash
thereformedbroker.com - 5 days ago
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thereformedbroker.com —
Click Image to Embiggen! I’ve been asked several
times to update my finance blogger list, so I
figured on the week of The Reformed Broker’s first anniversary, I’d oblige. Everyone listed on The Periodic Table of Finance Bloggers has ...
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The Periodic Table of Finance Bloggers
online.wsj.com - 5 days ago
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online.wsj.com —
Stung by the financial crisis, companies are holding
more cash -- and a greater percentage of assets
in cash -- than at any time in the past 40 years. In the second quarter, the 500 largest nonfinancial U.S. firms, by total assets, held about $994 ...
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Jittery Companies Stash Cash
calculatedriskblog.com - 3 days ago
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calculatedriskblog.com —
David Leonhardt at the NY Times gives "equal
time" to a more optimistic outlook: Through a Glass
Less Darkly In the fall of 1982, with a long recession ending but the unemployment rate heading toward 10 percent, The New York Times ran an article ...
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NY Times Leonhardt: The Optimistic View
accruedint.blogspot.com - 3 days ago
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accruedint.blogspot.com —
Yesterday myself and several other financial bloggers got
the chance to meet with several senior Treasury officials,
including the Secretary himself. It was a fascinating experience and I have to admit, it was just plain cool to be within the bowels ...
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Accrued Interest: Financial Regulation: How would you ...
blogs.wsj.com - 3 days ago
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blogs.wsj.com —
Louise Radnofsky reports on how the stimulus money
is being spent. How did Kentucky shoe store owner
Buddy Moore save nine jobs with just $889.60 in federal stimulus money? He didn't, and that's turning into a big headache for him. Moore's store in ...
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In the Battle for Stimulus Jobs, Shoe Store Owner Tells ...
macromarketmusings.blogspot.com - 2 days ago
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macromarketmusings.blogspot.com —
As someone who believes that stabilizing nominal spending
rather than inflation is key to macroeconomic stability, I
have taken the liberty in the past to reframe U.S. macroeconomic history according to this perspective. Thus, I renamed (1) the " ...
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Global Nominal Spending History
washingtonpost.com - 2 days ago
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washingtonpost.com —
Comments that include profanity or personal attacks or
other inappropriate comments or material will be removed from
the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
(more)
FHA delays the release of disputed audit of its finances
ft.com - 41 hours ago
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ft.com —
By Henny Sender and Francesco Guerrera in New
York Published: November 6 2009 00:01 | Last updated:
November 6 2009 00:01 Citigroup is poised to relaunch the unit containing its troubled hedge fund operations after nearly two years of poor ...
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Citi to relaunch troubled hedge fund unit
online.wsj.com - 7 hours ago
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online.wsj.com —
MARK SPITZNAGEL Ludwig von Mises was snubbed by
economists world-wide as he warned of a credit crisis
in the 1920s. We ignore the great Austrian at our peril today. Mises's ideas on business cycles were spelled out in his 1912 tome "Theorie des Geldes ...
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Mark Spitznagel: The Man Who Predicted the Depression
boston.com - 2 days ago
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boston.com —
But the real problem with the credit is
that it continues the long-standing federal push toward far-flung
McMansions and away from dense, apartment living. In the 1950s, the Interstate Highway System encouraged Americans to flee older urban areas. ...
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With tax break, a big carbon footprint
forbes.com - 5 days ago
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forbes.com —
Any number of pundits claim that we have
now passed the worst of the recession. Green shoots
of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to 4%. Many of these ...
(more)
Be Prepared for the Worst



