Monthly Archives: October 2011

October 31, 2011

• Were Customer Accounts Pilfered at Jon Corzine’s MF Global? (Updated)
  by Yves Smith 10:00 pm

• Links Halloween
  by Yves Smith 4:39 am

• Europe’s Economy is Falling Apart
  by Yves Smith 4:32 am

• German Finance Minister Schäuble Calls for a Eurozone Tobin Tax
  by Yves Smith 3:12 am

• Gene Frieda: Europe’s Dying Bank Model
  by Yves Smith 2:18 am

• Satyajit Das: Central Counter Party Risk Taming
  by Yves Smith 12:11 am

October 30, 2011

• Links 10/30/11
  by Yves Smith 4:46 am

• Latest Leak on State Attorney General Mortgage Settlement: A Shameless Sellout to the Banks
  by Yves Smith 3:53 am

• #OWS Guest Post: Denver Police Use Tear Gas, Rubber Bullets, Batons and Pepper Spray On Protesters
  by George Washington 1:52 am

October 29, 2011

• Links 10/29/11
  by Yves Smith 3:21 am

• The Natural Chaos of Markets
  by Yves Smith 2:22 am

• #OccupyWallStreet Alternative Banking Working Group Meeting in NYC Sunday @ 3 PM
  by Yves Smith 12:15 am

October 28, 2011

• Links 10/28/11
  by Yves Smith 5:43 am

• Goldman Bullies Teeny Credit Union that #OccupyWallStreet Uses
  by Yves Smith 5:34 am

• Grand European Rescue Already Starting to Come Unglued?
  by Yves Smith 4:48 am

• Debunking the “Paid Back the TARP” Myth: Banks Should be Paying Over $300 Billion a Year in Systemic Risk Insurance
  by Yves Smith 12:08 am

October 27, 2011

• Making a mockery of sovereign CDS
  by Edward Harrison 10:43 pm

• Warren Mosler and Philip Pilkington: A Bad Haircut
  by Yves Smith 4:28 pm

• Delaware Attorney General Sues MERS Over Deceptive Practices, Asks for Halt of Foreclosures Relying on MERS (Updated)
  by Yves Smith 3:15 pm

• How to Donate to Our Fundraiser
  by Yves Smith 7:18 am

• Links 10/27/11
  by Yves Smith 6:58 am

• Police Crackdown Effort at #OccupyOakland Raises Bigger Questions About Movement Evolution
  by Yves Smith 6:36 am

• Eurozone Leaders Agree a Few Rescue Details, Like 50% Haircut on Greek Bonds; Plan to Develop a Plan Gooses Markets
  by Yves Smith 5:24 am

October 26, 2011

• European summits in ivory towers
  by Richard Smith 4:15 pm

• On political dysfunction in Europe
  by Edward Harrison 7:25 am

• Links 10/26/11
  by Yves Smith 6:48 am

• Helicopter Geithner’s NY Fed $40 Billion Iraq Money Drop
  by Yves Smith 5:15 am

• Why is the SEC Willing to Get Aggressive and Creative With Big Names Only on Insider Trading Cases?
  by Yves Smith 5:09 am

• New York Attorney General Eric Schneiderman Discusses Mortgage Mess on Rachel Maddow
  by Yves Smith 1:56 am

• Turning Japanese is a Boon
  by Richard Smith 12:31 am

October 25, 2011

• Links 10/25/11
  by Yves Smith 3:25 am

• On the Administration’s Latest Potemkin Help Struggling Homeowners Plan
  by Yves Smith 3:17 am

• Occupy Sydney Day 8 – Steve Keen on Economists and Debt Crises
  by Richard Smith 12:56 am

• Europe Readies Its Rescue Bazooka
  by Yves Smith 12:35 am

• Satyajit Das: Central Counter Party Politics
  by Yves Smith 12:05 am

October 24, 2011

• Links 10/24/11
  by Yves Smith 4:34 am

• Marshall Auerback and Rob Parenteau: The Myth of Greek Profligacy & the Faith Based Economics of the ‘Troika’
  by Yves Smith 4:15 am

• The Eurobanks’ Latest Scheme to Escape the Pain of Recapitalization: Pull More Financial Firms into the TBTF Complex
  by Yves Smith 4:10 am

• Philip Pilkington: My European Nightmare – An Infernal Hurricane Gathers?
  by Yves Smith 12:33 am

• Satyajit Das: Will a Central Counter Party Tame Derivatives Market Risks?
  by Yves Smith 12:20 am

October 23, 2011

• Links 10/23/11
  by Yves Smith 3:59 am

• The Verboten Story of Argentina’s Post-Default Economic Success
  by Yves Smith 2:27 am

• Bill Black: The Anti-Regulators Are the Job Killers
  by Yves Smith 1:10 am

October 22, 2011

• Links 10/22/11
  by Yves Smith 5:47 am

• Eurozone Rescue Going Off the Rails
  by Yves Smith 5:21 am

• Marx Versus Capitalism Versus You
  by Yves Smith 2:41 am

October 21, 2011

• “Occupy the Board Room”: Pick a Pen Pal in the Top 1% and Tell Them How the Other 99% Lives (#OccupyWallStreet)
  by Yves Smith 12:36 pm

• Links 10/21/11
  by Yves Smith 2:55 am

• Mirabile Dictu! Eurozone to Impose Penalties on Banks That Get Bailouts
  by Yves Smith 2:35 am

• Gaddafi’s Murder And International Law
  by Yves Smith 1:54 am

October 20, 2011

• NYC Residents: Please Attend 6:00 PM Meeting Today to Bar Real Estate Board Plan to Block #OccupyWallStreet Protests
  by Yves Smith 3:47 pm

• Philip Pilkington: Exorcising The Inflation Ghost – An Attempt To Cure Our European Compatriots of Their Inflation Phobia Through Regression Therapy
  by Yves Smith 9:00 am

• Links 10/20/11
  by Yves Smith 5:41 am

• Quelle Surprise! GAO Finds the Fed is a Club of Backscratching, Well Connected, White Bankers
  by Yves Smith 4:43 am

• Eurozone Leaders Ready €80 Billion Band-Aid for Banking Industry Gunshot Wound
  by Yves Smith 3:14 am

October 19, 2011

• Bank of America Setback: $8.5 Billion Mortgage Settlement Successfully Removed to Federal Court (Updated)
  by Yves Smith 5:55 pm

• Links 10/19/11
  by Yves Smith 7:01 am

• David Graeber: On Playing By The Rules – The Strange Success Of #OccupyWallStreet
  by Yves Smith 6:30 am

• Latest Attorney General Bailout Plan: Give Banks “Get Out of Jail Free” Card for a Few Refis
  by Yves Smith 5:48 am

• Attorney General Beau Biden on Investigating the Mortgage Mess
  by Yves Smith 1:27 am

October 18, 2011

• Credit Revulsion in Belgium, France and Austria
  by Edward Harrison 9:59 pm

• Bank of America Deathwatch: Moves Risky Derivatives from Holding Company to Taxpayer-Backstopped Depository
  by Yves Smith 6:45 pm

• Links 10/18/11
  by Yves Smith 6:56 am

• The Data That the Economy is Not So Hot is Getting Harder to Ignore
  by Yves Smith 6:26 am

• Elizabeth Warren’s Jobs Plan: War with Iran
  by Yves Smith 5:16 am

• A Victory for #OccupyWallStreet in the Most Unlikely of Places?
  by Yves Smith 2:40 am

• Tom Ferguson: Congress is a “Coin Operated Stalemate Machine”
  by Yves Smith 2:35 am

October 17, 2011

• Dylan Ratigan on the Political Efforts to Hijack #OccupyWallStreet
  by Yves Smith 6:21 pm

• Energy Efficiency Doesn’t Work
  by Yves Smith 5:26 pm

• Links 10/17/11
  by Yves Smith 6:45 am

• Rob Parenteau: Blinded by Faith – Sinking the Eurozone
  by Yves Smith 6:37 am

• Steve Rattner, Card Carrying Member of Top 1%, Tells Us We Should Lie Back and Enjoy Much Lower Wages Resulting From Globalization
  by Yves Smith 6:06 am

• From QE to Communism
  by Yves Smith 3:08 am

October 16, 2011

• Links 10/16/11
  by Yves Smith 3:12 am

• Alleged Iran Assassination Plot Court Documents Suggest A Set Up
  by Yves Smith 2:49 am

October 15, 2011

• As Many as 24 People Arrested for Trying to Close Accounts at #Citibank
  by Yves Smith 9:37 pm

• #oct15
  by Lambert Strether 9:57 am

• Links 10/15/11
  by Yves Smith 2:45 am

• “Zombie Mortgages” Mean Delay of Housing and Economic Recovery Well Past 2014
  by Yves Smith 1:49 am

October 14, 2011

• Guest Post: Police Punch Protester In the Face
  by George Washington 11:46 pm

• #OWS: Reprieve and aftermath
  by Lambert Strether 11:34 am

• Links 10/14/11
  by Yves Smith 4:35 am

• Curious Omissions from a New York Times Story on a Foreclosure Auction Protest
  by Yves Smith 4:21 am

• On the Lack of Democratic Consent of Greeks to Austerity Programs
  by Yves Smith 3:49 am

• Fitch Installs Its Own Glass-Steagall
  by Yves Smith 2:42 am

October 13, 2011

• Call or Go to Zuccotti Park to Protest Removal of #OccupyWallStreet From Zuccotti Park
  by Yves Smith 11:29 pm

• Links 10/13/11
  by Yves Smith 12:14 am

• On Making Unions a Productive Social Force
  by Yves Smith 12:05 am

October 12, 2011

• Wall Street Journal Stole From Advertisers via Circulation Scam
  by Yves Smith 7:02 pm

• Links 10/12/11
  by Yves Smith 3:31 am

• Is a Rising Yuan Inevitable?
  by Yves Smith 2:37 am

October 11, 2011

• Will internal devaluation work?
  by Edward Harrison 7:14 pm

• #OccupyWallStreet Visits the Upper East Side
  by Yves Smith 2:54 pm

• Manufacturing inflation in a wage deflationary world
  by Edward Harrison 9:32 am

• New Zealand Science Minister Mapp’s Sudden Disappearance from New Image’s Web Site
  by Richard Smith 8:37 am

• Links 10/11/11
  by Yves Smith 4:14 am

• Has China Just Hit Stall Speed?
  by Yves Smith 3:51 am

• Twitter Reports of Cops Beating Participants in #OccupyBoston, Breaking Up Encampment
  by Yves Smith 3:14 am

• Iceland: From Crisis to Constitution
  by Yves Smith 1:59 am

• On Wall Street’s Private Police in NYPD Uniforms
  by Yves Smith 12:47 am

October 10, 2011

• Links 10/10/11
  by Yves Smith 3:00 am

• On #OccupyWallStreet and the Power of Open Source and Consensual Processes
  by Yves Smith 1:15 am

• New Zealand’s Miracle Cure Peddler and “The Most Spectacular Fraud in Australian History”
  by Richard Smith 12:13 am

• A Question to Readers
  by Yves Smith 12:02 am

October 9, 2011

• #OccupyWallStreet Publishes First Issues of “The Occupied Wall Street Journal”
  by Yves Smith 9:32 pm

• Links 10/9/11
  by Yves Smith 3:20 am

• More Proof of Federal Coverup of Mortgage Fraud: Robosigner-Equivalents Hired to Review Foreclosure Files in Required Audits
  by Yves Smith 2:32 am

• Alan Grayson Shreds P.J. O’Rourke on #OccupyWallStreet
  by Yves Smith 1:54 am

• Satyajit Das: Economic Dystopia – The “Stick Shaker Moment”
  by Yves Smith 1:41 am

October 8, 2011

• Links 10/8/11
  by Yves Smith 5:03 am

• Michael Hudson on #OccupyWallStreet and the Need to Treat Banks as Utilities
  by Yves Smith 4:01 am

• Capital is enough
  by Yves Smith 2:27 am

October 7, 2011

• On #OccupyWallStreet and the Danger of Elite Capture
  by Yves Smith 9:05 pm

• Links 10/7/11
  by Yves Smith 6:51 am

• California Attorney General Harris Now Signaling Willingness to Rejoin Foreclosure Talks
  by Yves Smith 6:49 am

• Why #OccupyWallStreet Doesn’t Support Obama: His “Nothing to See Here” Stance on Bank Looting
  by Yves Smith 5:40 am

• Philip Pilkington: Confessions of a Non-Utilitarian Shopper
  by Yves Smith 4:20 am

• Warning: Greece Can Break Glass and Leave the Eurozone
  by Yves Smith 3:10 am

• Quelle Surprise! Servicer Consent Orders Producing Expected Whitewash
  by Yves Smith 1:27 am

October 6, 2011

• Poll Shows Majority of Veterans Doubt Iraq and Afghanistan Wars Worth Fighting
  by Yves Smith 11:48 pm

• Matt Stoller: The Anti-Politics of #OccupyWallStreet
  by Yves Smith 3:00 am

• Links 10/6/11
  by Yves Smith 1:55 am

• New Zealand Science Minister Wayne Mapp Endorses Dubious “Miracle Cure” Multi-Level Marketing Company
  by Richard Smith 12:05 am

• Bernanke Scraps Bold Congress Testimony for Lukewarm Version
  by Yves Smith 12:01 am

• Finra Weakened by Appellate Court Ruling
  by Yves Smith 12:01 am

October 5, 2011

• Steve Jobs is Dead
  by Yves Smith 9:22 pm

• Ian Fraser: On Banking, Cameron is Clueless
  by Richard Smith 9:55 am

• Links 10/5/11
  by Yves Smith 6:34 am

• One Third of Americans One Paycheck Away From Homelessness
  by Yves Smith 1:06 am

• New York Fed to Take Propagandizing to New Level With More Intense Social Media Monitoring
  by Yves Smith 12:50 am

• Greeks Also Disrupting Foreclosure Auctions
  by Yves Smith 12:36 am

October 4, 2011

• On today’s bear market and the expected central bank liquidity train
  by Edward Harrison 11:18 am

• Links 10/4/11
  by Yves Smith 4:40 am

• Stuart Zechman: The Beatings Will Continue Until All Not-Yet-Right-Thinking Lefties Support the Infrastructure Bank Scam
  by Yves Smith 3:06 am

• PR Watch: Iowa Attorney General Tom Miller Still Flogging Dead Horse of Mortgage Settlement Negotiation
  by Yves Smith 2:06 am

• Marshall Auerback and Warren Mosler: Core Europe Sitting Pretty in their PIIGS Drawn Chariot
  by Yves Smith 12:33 am

October 3, 2011

• Stocks Hammered by EuroCrisis Worries; Bank of America, Citi Down Nearly 10%
  by Yves Smith 6:10 pm

• Links 10/3/11
  by Yves Smith 5:20 am

• Philip Pilkington: Marginal Utility Theory as a Blueprint for Social Control
  by Yves Smith 4:15 am

• Satyajit Das: Euro-Zone’s Leveraged Solution to Leverage
  by Yves Smith 3:15 am

• Mark Provost: Occupy Boston – Day One (and Other OccupyWallStreet Updates)
  by Yves Smith 1:57 am

October 2, 2011

• Links 10/2/11
  by Yves Smith 5:53 am

• Citi Joins Bank of America in Finding New Ways to Bleed Customers
  by Yves Smith 5:07 am

• Is JP Morgan Getting a Good Return on $4.6 Million “Gift” to NYC Police? (Like Special Protection from OccupyWallStreet?)
  by Yves Smith 4:20 am

• Catch Us on Harry Shearer’s Le Show Today
  by Yves Smith 1:53 am

October 1, 2011

• Links 10/1/11
  by Yves Smith 4:10 am