Monthly Archives: July 2010

July 31, 2010

• Links 7/31/10
  by Yves Smith 2:11 am

• Summer Rerun: Debunking the Notion that Unions Hurt Productivity
  by Yves Smith 1:36 am

July 30, 2010

• Should We Buy Fed’s Reports of Gains on AIG Bailout Vehicles?
  by Yves Smith 2:41 pm

• Federal Government Covering Up Severity of Gulf Oil Spill?
  by Yves Smith 12:48 pm

• Links 7/30/10
  by Yves Smith 5:29 am

• UK’s FSA to Restrain Pay of Hedge Fund and Investment Managers
  by Yves Smith 3:10 am

• The Wages of Sin: Former Citi Execs Pay Token Fines for Lying to Investors
  by Yves Smith 1:44 am

July 29, 2010

• Summer Vacation Report
  by Yves Smith 9:14 pm

• Links 7/29/10
  by Edward Harrison 9:48 am

• Normal service is resumed
  by Richard Smith 3:30 am

• The Belgian mess
  by Richard Smith 2:00 am

• Drag duo, no, trio
  by Richard Smith 1:30 am

• Summer Rerun: Is Thinking Going Out of Fashion?
  by Yves Smith 12:10 am

July 28, 2010

• Guest Post: Equilibrium Analysis
  by Rajiv Sethi 7:34 pm

• Links 7/28/10
  by Edward Harrison 10:28 am

• A final quick one on China – policy constraints
  by Richard Smith 9:17 am

• Just how risky are China’s housing markets?
  by Richard Smith 5:19 am

• China and bust?
  by Richard Smith 3:00 am

• Tom Adams in the media
  by Richard Smith 2:00 am

• Summer Rerun: Dani Rodrik Looks at the Free Trade Math and Finds Some of It Wanting
  by Yves Smith 12:10 am

July 27, 2010

• Links 7/27/10
  by Edward Harrison 9:59 am

• Iraq, intelligence and media manipulation – lessons from the UK
  by Richard Smith 3:00 am

• Something has to give
  by Richard Smith 1:00 am

• Summer Rerun: America: Banana Republic Watch
  by Yves Smith 12:19 am

July 26, 2010

• Which is the Bigger Threat: Terrorism or Wall Street Bonuses?
  by Richard Smith 2:38 pm

• Eurostress hangover
  by Richard Smith 10:17 am

• Links 7/26/10
  by Edward Harrison 10:01 am

• Fitch says its head will essplode
  by Richard Smith 2:30 am

• Austerity and Empire
  by Richard Smith 2:00 am

• Summer Rerun: The Fed: The Need for a Paradigm Shift
  by Yves Smith 12:10 am

July 25, 2010

• Links 7/25/10
  by Edward Harrison 9:59 am

• Post Racial White Flight
  by Richard Smith 8:13 am

• Bank Stress Tests Grant a Stress Free Day for the Equity Markets
  by Richard Smith 6:48 am

• FDIC hopes that the oldies are still golden
  by Richard Smith 2:00 am

• Summer Rerun: Market Failure I: “Money-Driven Medicine”
  by Yves Smith 12:10 am

July 24, 2010

• Quick follow up on RAs, the new regulatory regime, and its discontents
  by Richard Smith 1:35 pm

• Links 7/24/10
  by Edward Harrison 10:04 am

• Eurostress quick take
  by Richard Smith 9:57 am

• Summer Rerun: “Unwinding the Fraud for Bubbles”
  by Yves Smith 12:10 am

July 23, 2010

• Links 7/23/10
  by Edward Harrison 9:43 am

• How HAMP Makes Elizabeth Warren The Only Choice For Consumer Protection » New Deal 2.0
  by Richard Smith 7:03 am

• Eurostress roundup
  by Richard Smith 3:00 am

• The Irish mess
  by Richard Smith 3:00 am

• Summer Rerun: “Toothless Fed”
  by Yves Smith 12:10 am

July 22, 2010

• Is that a blink, on ratings agencies?
  by Richard Smith 5:44 pm

• Bankrupt GM uses $3.5 billion of taxpayers’ money to buy subprime auto lender AmeriCredit and signal a return to the good old days for Wall Street
  by Richard Smith 12:00 pm

• Links 7/22/10
  by Edward Harrison 10:09 am

• Hopelessly optimistic techies
  by Richard Smith 9:53 am

• The bailouts continue: The Economic Populist
  by Richard Smith 5:25 am

• FINRA are so…decorative
  by Richard Smith 2:30 am

• Summer Rerun: The Tinkerbell Market
  by Yves Smith 12:10 am

July 21, 2010

• Links 7/21/10
  by Edward Harrison 9:42 am

• Caught napping, sorry folks…
  by Richard Smith 3:18 am

• Fabrice Tourre’s defense: a Gallic shrug
  by Richard Smith 3:00 am

• Deficits Do Matter, But Not the Way You Think
  by Richard Smith 2:30 am

• Summer Rerun: It’s Official: “A Potential Credit Crunch”
  by Yves Smith 12:10 am

July 20, 2010

• Links 7/20/10
  by Edward Harrison 9:46 am

• Decoding the NY Fed on Shadow Banking
  by Richard Smith 4:33 am

• The Summer(s) of Our Discontent
  by Richard Smith 3:53 am

• The Trouble with Tim’s Treasury
  by Richard Smith 2:30 am

• Summer Rerun: “Why America Will Need Some Elements of a Welfare State”
  by Yves Smith 12:10 am

July 19, 2010

• Links 7/19/10
  by Edward Harrison 9:55 am

• The low-interest-rate trap
  by Richard Smith 8:00 am

• Eurostress for Yves
  by Richard Smith 5:00 am

• Summer Rerun: The FT : “We Need a Clear and Predictable Price for Carbon”
  by Yves Smith 12:10 am

• Three Eurozone data points
  by Richard Smith 12:01 am

July 18, 2010

• Biofuel, BS, and a bit of BP
  by Richard Smith 10:30 pm

• CountryWide goes Kafka – a First Person Narrative
  by Richard Smith 10:00 pm

• Links 7/18/10
  by Edward Harrison 10:11 am

• Satyajit Das: Botox Economics – Part 2
  by Richard Smith 5:40 am

• Satyajit Das: Botox Economics – Part 1
  by Richard Smith 5:38 am

• Summer Rerun: The Rising Tide of Liquidity, Part 3
  by Yves Smith 12:30 am

July 17, 2010

• Links 7/17/10
  by Yves Smith 2:01 pm

• Reader Notice: Holiday Arrangements
  by Yves Smith 4:51 am

• Guest Post: Oil Pressure Stopping Short of Target … Does that Mean the Well Integrity Test Is Failing?
  by George Washington 3:55 am

• Reader Inquiry: Tax Havens, aka the Sunny Bahamas
  by Yves Smith 12:37 am

July 16, 2010

• Links 7/16/10
  by Yves Smith 6:07 am

• Elizabeth Warren in Treasury Crosshairs Again (Update/Correction: Treasury Disputes Media Reports)
  by Yves Smith 5:26 am

• Is the SEC Settlement Really a Win for Goldman?
  by Yves Smith 4:33 am

• Guest Post: Initial Results from Well Integrity Test Are Inconclusive
  by George Washington 1:44 am

July 15, 2010

• Is the SEC Going to Investigate Insider Trading on Goldman Settlement News?
  by Yves Smith 6:45 pm

• Was the SEC Rolled By Goldman?
  by Yves Smith 4:50 pm

• Links 4/15/10
  by Yves Smith 5:03 am

• What is Simon Johnson Smoking?
  by Yves Smith 4:00 am

• Shadow Housing Inventory: Two Houses for Every One for Sale
  by Yves Smith 3:37 am

• Guest Post: Is the Well Integrity Test Failing?
  by George Washington 12:42 am

July 14, 2010

• Guest Post: “The G20 Plan for Prosperity – Rubber Bullets and Shredded Social Safety Net”
  by Yves Smith 4:16 pm

• Guest Post: Is the New Oil Cap Succeeding or Failing?
  by George Washington 12:35 pm

• Links Bastille Day 2010
  by Yves Smith 3:50 am

• 58% of Real Income Growth Since 1976 Went to Top 1% (and Why That Matters)
  by Yves Smith 1:23 am

July 13, 2010

• Links 7/13/10
  by Yves Smith 6:51 am

• Strategic Defaulters as the New Welfare Queens
  by Yves Smith 6:00 am

• Satyajit Das Examines Eurozone Stability Fund Three Card Monte
  by Yves Smith 5:53 am

• Quelle Surprise! Financial Regulatory Reforms Being Diluted
  by Yves Smith 5:06 am

• Moody’s Cuts Portugal’s Sovereign Debt Rating Two Notches to A1
  by Yves Smith 4:02 am

July 12, 2010

• Germany’s Eurobailout Template: A Stealth Takeover?
  by Yves Smith 4:50 pm

• Guest Post: DON’T Let Goldman Be Goldman
  by Yves Smith 3:49 pm

• Links 7/12/10
  by Yves Smith 5:00 am

• Debunking Eurozone Optimism
  by Yves Smith 3:52 am

• “Innovation” and the Social Purpose of Financial Services
  by Yves Smith 2:34 am

• Small Businesses Face Record Spreads, SBA Lending Cliff Dives in June, Boding Ill for Employment
  by Yves Smith 12:26 am

July 11, 2010

• Links 7/11/10
  by Yves Smith 4:20 am

• “The dollar question: Where are we?”
  by Yves Smith 3:54 am

• Guest Post: Rationality and Fragility in Financial Markets
  by Rajiv Sethi 1:30 am

• We Speak About Stress Tests on BNN’s After Hours
  by Yves Smith 12:52 am

July 10, 2010

• Links 7/10/10
  by Yves Smith 4:10 am

• Is the Fed Happy with the Crappy Economy?
  by Yves Smith 1:59 am

• Guest Post: Toxicologists Say Corexit “Ruptures Red Blood Cells, Causes Internal Bleeding”, “Allows Crude Oil To Penetrate “Into The Cells” and “Every Organ System”
  by George Washington 12:09 am

July 9, 2010

• Links 7/9/10
  by Yves Smith 4:32 am

• Soros on the Crisis and the Euro
  by Yves Smith 4:01 am

• Rich Defaulting on Mortgages At Highest Rate
  by Yves Smith 2:19 am

July 8, 2010

• Links 7/8/10
  by Yves Smith 7:28 am

• Bank Extend and Pretend Common in Commercial Real Estate Loans
  by Yves Smith 7:24 am

• How Medical Suppliers Block Innovation, Elevate Costs
  by Yves Smith 6:19 am

• Quelle Surprise! China Decides Not to Use Nuclear Option on Itself
  by Yves Smith 6:01 am

• Reader Notice 2: Comments Policy
  by Yves Smith 1:44 am

• Reader Notice 1: Summer Break
  by Yves Smith 12:43 am

July 7, 2010

• Links 7/7/10
  by Yves Smith 7:13 am

• “Will abandoning the dollar peg help China rebalance its economy?”
  by Yves Smith 6:14 am

• Martin Wolf Continues Attack on Fiscal Austerity
  by Yves Smith 2:53 am

• Guest Post: The Relief Wells Are Ahead of Schedule … But Will They Work?
  by George Washington 12:15 am

July 6, 2010

• Links 7/6/10
  by Yves Smith 6:32 am

• Our New York Times Op Ed on the Corporate Savings Glut
  by Yves Smith 5:12 am

• How to Make Service Sector Jobs Better
  by Yves Smith 5:04 am

• Banks Already Moving to Evade Volcker Rule
  by Yves Smith 4:38 am

• Greece is Restructuring Debt Now
  by Yves Smith 1:12 am

July 5, 2010

• Links 7/5/10
  by Yves Smith 5:46 am

• Richard Kline: Thoughts on July 4th
  by Yves Smith 4:47 am

• Backfire at “America Speaks” Propaganda Campaign vs. Social Security and Medicare
  by Yves Smith 4:39 am

• Big Pharma Research Cost Defense of High Drug Prices Debunked in Study
  by Yves Smith 12:15 am

July 4, 2010

• Links Fourth of July
  by Yves Smith 5:34 am

• Is BP Rejecting Skimmers to Save Costs?
  by Yves Smith 4:28 am

• Steve Keen’s Scary Minsky Model
  by Yves Smith 3:44 am

July 3, 2010

• Links 7/3/10
  by Yves Smith 4:34 am

• Andy Grove on the Need for US Job Creation and Industrial Policy
  by Yves Smith 3:31 am

• More Evidence That Eurobank Stress Tests Are a Garbage-In, Garbage-Out Exercise
  by Yves Smith 1:22 am

July 2, 2010

• Links 7/2/10
  by Yves Smith 6:40 am

• Auerback: The ECB is the New “United States of Europe”
  by Yves Smith 5:29 am

• Debunking Goldman’s FCIC Testimony on AIG and Real Estate Shorts
  by Yves Smith 5:07 am

• GE CEO Immelt Gets Pissy About China, Obama
  by Yves Smith 12:52 am

July 1, 2010

• David Harvey: Crises of Capitalism
  by Yves Smith 4:42 pm

• Links 7/1/10
  by Yves Smith 7:00 am

• EU Putting Serious Curbs on Banker Payouts
  by Yves Smith 1:56 am

• US-China Pressure May Escalate Sooner Rather Than Later
  by Yves Smith 12:28 am