Yearly Archives: 2014

“Summer” Rerun: Quelle Surprise! Hank Paulson and Goldman CEO Talked to Each Other a Lot!

As I like to say, I started out on Wall Street when it was criminal only at the margin. The unseemly coziness between Goldman and keygovernment agencies in critical episodes during the crisis illustrates how much standards of conduct have deteriorated.

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Wolf Richter: It’s Official – Inflated Home Prices Strangle US Housing Market

Mortgages are hard to get, and inventories of homes for sale are low: Those have been the dominant reasons cited by the industry to rationalize the crummy home sales that have disappointed pundits for over a year. But now those memes have been debunked by homebuyers themselves.

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Yanis Varoufakis: The Euro’s First Inkling – A Piece in Lieu of Best Wishes for 2015

Lambert here: How about that DeGaulle! And “exorbitant privilege” has a nice ring, doesn’t it? By Yanis Varoufakis, a professor of economics at the University of Athens. Originally published at his website. As 2015 is approaching, seemingly pregnant with crucial challenges for Europe, the euro and all those who have to live with it, I […]

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