We Will Be on Harry Shearer’s Le Show Tomorrow Posted on February 11, 2012 by Yves Smith Check here to find your local station and broadcast time. Hope you can tune in! 00000 Post navigation ← Links 2/11/12 Mortgage Settlement as Attorney General Sellout: Deal is Not Done, and Final Version Guaranteed to be Worse Than Advertised → Subscribe to Post Comments 20 comments Fan February 11, 2012 at 3:52 pm Awesome. Harry Shearer = america’s funniest truth teller and Yves Smith = most badass. Plz someday debate Andrew Ross Sorkin, Adam Davidson, etc and humiliate them all. Crazy Horse February 11, 2012 at 5:56 pm Go Yves,yea, yea, yea! Francois T February 12, 2012 at 1:46 am OMG! Yves debating and quartering Adam Davidson publicly! That would make my week, big time. The guy has become a Wall Street stooge of the worst kind and deserve a public spanking. kravitz February 11, 2012 at 6:26 pm Gretchen Morgenson quoted you, but didn’t link to you. She also didn’t note the ‘there’s no terms document’ part. The Deal Is Done, but Hold the Applause http://www.nytimes.com/2012/02/12/business/mortgage-settlement-leaves-much-to-be-desired-fair-game.html The LA Times didn’t quote you, but did mention the no terms thang. Mortgage settlement is great — for politicians and banks http://www.latimes.com/business/realestate/la-fi-hiltzik-20120212,0,7852934.column skinla February 11, 2012 at 8:01 pm LA Times has QUOTED YVES SMITH with Link to her blog: “In the words of business consultant Susan Webber, who blogs expertly on financial matters under the pen name Yves Smith, “We’ve now set a price for forgeries and fabricating documents. It’s $2,000 per loan.” She observes, quite properly, that the payoff is a minuscule fraction of the costs these practices have imposed on borrowers, the court system and the economy.” – Mortgage settlement is great — for politicians and banks – By Michael Hiltzik, LA Times http://www.latimes.com/business/realestate/la-fi-hiltzik-20120212,0,7852934.column psychohistorian February 11, 2012 at 10:05 pm Congratulations Yves, Who knew you could achieve noteworthy status from speaking truth to power? Don’t stop now……..please! kravitz February 11, 2012 at 10:51 pm whoops! with all the skimming due to another certain story, missed that para! thanks skinla! kravitz February 12, 2012 at 2:04 am And now, The New York Times links to your page as well. (I tend to catch the early versions of stuff…) Darren Kenworthy February 11, 2012 at 6:39 pm Your first interview with him had the effect of forcefully removing the wool from my eyes. I have read your blog since then. Thanks for the education. just me February 11, 2012 at 8:16 pm Yves’ first Le Show interview with Harry Shearer, December 5, 2010, here: http://harryshearer.com/news/le_show/player/?id=773&start=0:08 with transcript here: http://harryshearer.com/article/?auid=8gGDo2536R6FbV Second interview October 2, 2011 here: http://harryshearer.com/news/le_show/player/?id=838&start=0:04 with transcript here: http://harryshearer.com/article/?auid=VsXWE45984Sok7y (It’s how I got to be a fan of both of them :-) (Harry’s website’s a little tricky — you have to search Le Show for the audio and News/What’s New for the transcripts, and the transcripts aren’t dated/numbered. But it’s all there if you know to look.) The first interview included in-depth discussion on MERS — I haven’t seen this point made quite like this elsewhere… HARRY SHEARER: How many employees does MERS have? YVES SMITH: Uh, 47, and I think it may be up to 48. HARRY SHEARER: (laughs) YVES SMITH: So they’ve outsourced all the database, I believe, to Electronic – EDS, Electronic Data Systems, so it’s really almost a virtual company and they have this very bizarre corporate structure which has been described as unorthodox to the point of being virtually fraudulent where the MERS members will temporarily put on a MERS hat and say, “Oh, even though I work full-time for _____ – again, say Wells Fargo – I’m going to temporarily be a MERS signing officer and do all these things in the name of MERS even though MERS never paid me a nickel. I mean, it’s just – there’s this whole crazy set of arrangements they’ve come up with which now that people have looked at it, they are beginning to question the legitimacy of a lot of the ways that it does business. HARRY SHEARER: How many people have signed documents as supposed MERS officers? YVES SMITH: Well, it’s kind of hard to know, because again MERS won’t tell us, but at any one point in time MERS has over 20,000 signing officers authorized on its behalf. HARRY SHEARER: (laughs) Twenty thousand officers! And 47 employees. If you took it at face value, you’d say that’s a rather top-heavy organization, wouldn’t you? LeonovaBalletRusse February 11, 2012 at 8:36 pm And William K. Black tells us how many were “literally flipping burgers* before they became *brokers*. LucyLulu February 12, 2012 at 5:37 am Yves, Can I have your autograph? Promise you won’t forget the little people, okay? aletheia33 February 12, 2012 at 12:34 pm re: radio stations, i’m set to listen online at 1 p.m. to wcbe-fm, columbus, ohio. from my review of the list posted above, i don’t think we can get le show any earlier on the east coast. many public radio stations seem to be having pledge drives today. at the moment, i’ve been getting afropop on wcbe and have heard no pledge drive interruptions; am hoping to fly right on through le show without any. just me February 12, 2012 at 12:51 pm Coming up next on KCRW, you can listen online: http://www.kcrw.com/ investor February 15, 2012 at 6:44 pm Now there’s a specific link to the February 12th program where visitors can listen to (or download in MP3 format) this excellent interview: http://www.kcrw.com/etc/programs/ls/ls120212le_show_-_february_1 aletheia33 February 12, 2012 at 12:14 pm here’s shearer’s page listing various stations where you can get le show at different times today: http://media.harryshearer.com/syndicates.html aletheia33 February 12, 2012 at 12:36 pm i now see this link was already posted in the blog text. careless moi, sorry. Judi February 12, 2012 at 4:26 pm Is there any way to hear it if one missed the broadcast at 1 today? Judi just me February 12, 2012 at 8:06 pm Podcast up at KCRW now and will be at Harry’s website soon — that’s where I pick them up. http://www.kcrw.com/etc/programs/ls http://harryshearer.com/ ihcrevtge February 12, 2012 at 7:31 pm Your interview with Harry was excellent ……… kudos :·) Comments are closed. Tip Jar Please Donate or Subscribe!