Monthly Archives: August 2014

August 31, 2014

• Links 8/31/14
  by Lambert Strether 6:58 am

• Has the Burning Man Bubble Burst?
  by Lambert Strether 6:50 am

• Libya May Be Focus Of Major Rift Between US And Regional Allies
  by Lambert Strether 1:25 am

August 30, 2014

• Links 8/30/14
  by Lambert Strether 6:55 am

• Trade, The Current/Capital Account, and the Value of the Currency
  by Lambert Strether 2:55 am

• Europe Is Not “Coming Together” in Response to the Euro Crisis. Why?
  by Lambert Strether 1:25 am

August 29, 2014

• Links 8/29/14
  by David Dayen 3:30 am

• Mirable Dictu! Florida Activists Help Depose Terrible Foreclosure Judge
  by David Dayen 2:00 am

• Pump and Dump: How to Rig the Entire IPO Market with just $20 Million
  by David Dayen 1:30 am

• Gillian Tett’s Astonishing Defense of Bank Misconduct
  by Yves Smith 1:18 am

• Ilargi: EU Gas Supply Is In Real And Imminent Danger
  by Yves Smith 12:45 am

August 28, 2014

• Links 8/28/14
  by Lambert Strether 6:55 am

• Putting the Con in Consumer Confidence
  by Lambert Strether 5:55 am

• New Zealand Companies Office’s $612Mn Money-Laundering Snooze
  by Richard Smith 1:55 am

• Why America Needs More Lawyers
  by Yves Smith 1:16 am

• How the AMA’s Price Fixing Distorts Health Care Delivery and Pricing
  by Lambert Strether 12:55 am

August 27, 2014

• Links 8/27/14
  by Lambert Strether 6:55 am

• Deconstructing Fed Chair Janet Yellen on Unemployment and the Unemployed
  by Lambert Strether 6:25 am

• Why Wall Street and Consulting Firms Win at the Elite College Brain Drain Game
  by Yves Smith 5:48 am

• Blog Roundup: Does Mario Draghi’s Speech at Jackson Hole Signal Policy Shifts?
  by Lambert Strether 2:25 am

• Philip Pilkington: Econometricians, Financial Markets and Uncertainty – An Anthropological View
  by Yves Smith 12:52 am

August 26, 2014

• Links 8/26/14
  by David Dayen 3:30 am

• New Jersey Funneling Pension Fund Cash to Wall Street Investment Managers
  by David Dayen 3:00 am

• French Political Turmoil a Harbinger of Unrest Roiling Eurozone During Their New Depression
  by David Dayen 2:30 am

• Bill Black on Bank Fraud: The Wall Street Journal’s Choleric Rant about Cholera and Bank Fraud Epidemics
  by David Dayen 2:00 am

• Gail Tverberg: US Energy Sources and Uses Show Limits of Renewable Energy Strategies
  by Yves Smith 1:43 am

August 25, 2014

• Links 8/25/14
  by David Dayen 4:30 am

• Yves Talks With Zephyr Teachout, Challenger to Cuomo in New York Democratic Primary
  by Yves Smith 3:55 am

• Burger King the Latest to Jump on the Corporate Tax Inversion Bandwagon
  by David Dayen 2:30 am

• Yanis Varoufakis on the Euro Crisis: The Global Minotaur out now in Finnish
  by David Dayen 1:30 am

• Don Quijones: Spain’s Silent Reconquest of Mexico
  by David Dayen 1:00 am

August 24, 2014

• Links 8/24/14
  by Lambert Strether 10:09 am

• UK Rail Shows Pitfalls of Natural Monopoly Privatization
  by Lambert Strether 9:59 am

• Move Along, People, Move Along: There’s No Health Care Corruption to See Here
  by Lambert Strether 9:46 am

August 23, 2014

• Links 8/23/14
  by Lambert Strether 6:55 am

• Permaculture Food Forest Garden on Quarter-Acre Home Lot
  by Lambert Strether 4:25 am

• How Can We Measure Media Power?
  by Lambert Strether 12:55 am

August 22, 2014

• Link 8/22/14
  by Yves Smith 6:55 am

• New Zealand Prime Minister John Key, the Whale Oil Blog, and International Organized Crime
  by Richard Smith 6:15 am

• Philip Pilkington: Economists – An Anthropological View
  by Yves Smith 2:41 am

• How Significant is the BRICS New Development Bank?
  by Yves Smith 2:01 am

• Patrick Cockburn: Why Washington’s War on Terror Failed – The Underrated Saudi Connection
  by Yves Smith 1:50 am

August 21, 2014

• Links 8/21/14
  by Yves Smith 6:55 am

• Lambert Talks With Tim Wu, Net Neutrality Pioneer and NY Lieutenant Governor Candidate
  by Lambert Strether 6:32 am

• Pending Suit Against Countrywide’s Angelo Mozilo: Yet More Politically-Driven Selective Enforcement
  by Yves Smith 6:14 am

• Bank Settlement Grade Inflation: High Bullshit to Cash Ratio in $17 Billion Bank of America Deal
  by Yves Smith 4:06 am

• Ballooning Finance: How Financial Innovation Produces Overgrowth and Busts
  by Yves Smith 2:57 am

August 20, 2014

• Links 8/20/14
  by Yves Smith 6:59 am

• Algorithmic Regulation, “Code is Law,” and the Case of Ferguson
  by Lambert Strether 6:53 am

• NYT’s William Cohan Blasts “Holder Doctrine” of Headfake Bank “Settlements” With No Prosecutions
  by Yves Smith 6:04 am

• Merging Finance and Health Care Leadership – Robert Rubin Proteges Running DHHS, Spouse of Hedge Fund Magnate Running the FDA
  by Yves Smith 5:38 am

• Wolf Richter: Fannie Mae Sledgehammers Housing Forecasts
  by Yves Smith 3:12 am

• Top White Shoe Law Firms Cited as Enablers of Bank Misconduct
  by Yves Smith 2:07 am

August 19, 2014

• Our Bloomberg Op-Ed: “How Your Pension Fund Became a Casino”
  by Yves Smith 7:28 pm

• Links 8/19/14
  by Yves Smith 6:55 am

• Benjamin Lawsky Shows Other Bank Regulators How to Do Their Jobs
  by Yves Smith 5:01 am

• Philip Pilkington: Taxation, Government Spending, the National Debt and MMT
  by Yves Smith 2:53 am

• Blogs Review: The Forever Recession
  by Yves Smith 2:45 am

• Ukraine’s Next Crisis? Economic Disaster
  by Yves Smith 1:05 am

August 18, 2014

• Links 8/18/14
  by Lambert Strether 6:55 am

• Utopian Robotics
  by Lambert Strether 6:50 am

• The Lawsuit That Could Legalize Pay-To-Play For Pension Funds
  by Lambert Strether 2:25 am

• Regulators Punting on “Too Big to Fail” Problem of Repo, Looking to Install Yet Another Bailout Vehicle
  by Yves Smith 2:06 am

• Fracking Waste Disposal Fuels Opposition in U.S. and Abroad
  by Yves Smith 1:30 am

August 17, 2014

• Links 8/17/14
  by Lambert Strether 6:55 am

• Will the Political Class of Today Ever Admit the U.S. Lost the Two Major Land Wars They Got Us Into?
  by Lambert Strether 5:55 am

• Deconstructing Fed Vice Chair Stanley Fischer on the Disappointing Global Recovery
  by Lambert Strether 1:25 am

August 16, 2014

• Links 8/16/14
  by Yves Smith 6:55 am

• Does the Central Bank Control Long-Term Interest Rates? A Glance at Operation Twist
  by Yves Smith 4:03 am

• Don Quijones: Nato-Member Turkey Threatens Western-Owned Banks, Shifts East, Cozies up to Russia
  by Yves Smith 2:58 am

August 15, 2014

• Links 8/15/14
  by Yves Smith 6:55 am

• Getting Sucked into ObamaCare is a Lot Like Being on Probation
  by Yves Smith 5:47 am

• Is the West Risking Financial Blowback From Sanctions on Russia?
  by Yves Smith 5:43 am

• The SEC’s Mary Jo White: A Failure, or Doing Her Real Job?
  by Yves Smith 5:15 am

• Militarized Policing: One Nation Under SWAT
  by Yves Smith 1:32 am

August 14, 2014

• LInks 8/14/14
  by Yves Smith 6:55 am

• J.D. Alt: World Without Banks
  by Yves Smith 5:01 am

• Philip Pilkington: Financial Times Contributors Understand ‘Liquidity Trap’ Better Than Neo-Keynesians Like Krugman
  by Yves Smith 4:28 am

• Debunking the Myth that An Aging Society and a Falling Birth Rate is Bad for the Young
  by Yves Smith 2:18 am

• Don Quijones: Spain Cranks Up Political Repression
  by Yves Smith 1:10 am

August 13, 2014

• Links 8/13/14
  by Yves Smith 6:55 am

• Summer 2007 Deja Vu: Banks and Short Sellers Dump Risk on Chumps Via Complex Products
  by Yves Smith 6:18 am

• Banks Withdrawing from Repo Market
  by Yves Smith 5:15 am

• New Study Says U.S. Underestimated Keystone XL Emissions
  by Yves Smith 2:17 am

• Elites Finally Starting to Get that Inequality is Messing Up Growth
  by Yves Smith 12:49 am

August 12, 2014

• Links 8/12/14
  by Yves Smith 6:55 am

• Obamacare: Complexity and Crapification Mean Rescission Abuses Are Alive and Well
  by Yves Smith 5:40 am

• Quelle Surprise! SEC Goes Easy on Big Political Donors
  by Yves Smith 4:51 am

• Rather Than Prosecutions, Fed Pressuring Banks to Pay Miscreants Less
  by Yves Smith 4:06 am

• Climate Movement Agenda: One Million (Frequent) Electric Buses Plus Protected Bikeways, “Everywhere”
  by Yves Smith 2:59 am

August 11, 2014

• Links 8/11/14
  by Yves Smith 6:55 am

• Hillary Clinton: The Goldwater Girl Reveals Herself in an Atlantic Interview
  by Yves Smith 6:36 am

• Guitar Center and Private Equity’s Magical Growth Curve
  by Yves Smith 6:06 am

• Ebola is an Economic Black Swan
  by Yves Smith 5:31 am

• The Global Economy’s Groundhog Day
  by Yves Smith 3:05 am

• Summer Rerun: Attack of the Blob – How Professional Democrats and Professional Republicans Ran America Into the Ground
  by Lambert Strether 1:25 am

August 10, 2014

• Links 8/10/14
  by Yves Smith 6:55 am

• “A Financial Casino Would Be a Step Up From What We Have”
  by Yves Smith 12:21 am

• Ilargi: Follow The Money All The Way To The Next War
  by Yves Smith 12:05 am

August 9, 2014

• Links 8/9/14
  by Yves Smith 6:55 am

• Randy Wray: Why Money Matters
  by Yves Smith 3:12 am

• Michael Hudson: S is for Saint-Simon
  by Yves Smith 2:50 am

August 8, 2014

• Links 8/8/14
  by Yves Smith 6:55 am

• Access Journalism, Agnotology, and Breeding for Elite Incompetence
  by Yves Smith 6:02 am

• Private Equity Kingpins KKR, Blackstone, TPG Settle Collusion Lawsuit for $325 Million with Detroit Police and Fireman (et. al.)
  by Yves Smith 5:33 am

• Ilargi: Europe Teeters On The Edge
  by Yves Smith 4:33 am

• Argentina: Debt Default is a Solution, Not a Problem
  by Lambert Strether 2:46 am

August 7, 2014

• Links 8/7/14
  by Lambert Strether 6:55 am

• ObamaCare and Executive Impunity
  by Lambert Strether 6:53 am

• Wolf Richter: Goal of Booming ‘Internet of Things’: Monitoring, Sensing, Remote Control – Factory Workers First, You Next
  by Yves Smith 2:37 am

• GFC Seer Raghuram Rajan Warns of New Crash
  by Yves Smith 2:00 am

• Only Now Does Influential Bank Group Complain That Low Volatility is Producing Too Much Risk-Taking
  by Yves Smith 1:32 am

August 6, 2014

• How Much of a Short Position Did Paul Singer Take in Argentina? And Who Were the Bagholders?
  by Yves Smith 2:36 pm

• Links 8/6/14
  by Lambert Strether 6:57 am

• Ebola Loose Ends: The Patients, Their Employer, The Plane, The Serum, The Company, Its Funding, The Sudden Entry Of The World Bank, and The Oddly Silent Administration
  by Lambert Strether 6:50 am

• The Roots of Today’s International Organizations and World War I
  by Lambert Strether 2:55 am

• New Oil and Gas Drilling Financed Largely With Debt
  by Lambert Strether 12:55 am

• Ilargi: In The Lie Of The Beholder
  by Yves Smith 12:29 am

• CalPERS Rescinds $700 Million Investment With Private Equity Fund Headed By Doctor With No Private Equity Experience
  by Yves Smith 12:03 am

August 5, 2014

• Regulators Reject Living Wills of 11TBTF Banks, a 100% Fail Rate
  by Yves Smith 5:34 pm

• Links 8/5/14
  by David Dayen 3:30 am

• Krugman v. Morgenson on Too Big to Fail
  by David Dayen 2:30 am

• Randy Wray: Setting the Record Straight One More Time: BofA’s Rebecca Mairone Fined $1Million; BofA Must Pay $1.3Billion
  by David Dayen 2:00 am

• Philip Pilkington: Inflation is NOT Always and Everywhere a Monetary Phenomenon
  by Yves Smith 12:09 am

• Michael Hudson: The Fracking/World Bank/IMF/Hunter Biden Dismantling Plan for Ukraine
  by Yves Smith 12:05 am

August 4, 2014

• Hedge Fund and Private Equity Fund Rent Seeking: High Fees, Crappy Performance
  by Yves Smith 6:10 pm

• Naked Capitalism is Back! Google Whackage Reversed
  by Yves Smith 5:59 pm

• Links 8/4/14
  by Lambert Strether 6:55 am

• Blogs Review: The Economics of Big Cities
  by Lambert Strether 6:50 am

• Tom Engelhardt: The Rise to Power of the National Security State
  by Yves Smith 4:02 am

• Summer Rerun: Lazy Corporate Monopolies Are Why America Can’t Have Nice Things
  by Lambert Strether 1:55 am

• “Land Grabs” – Economists’ Justifications of Agricultural Expropriation
  by Yves Smith 12:09 am

August 3, 2014

• Links 8/3/14
  by Lambert Strether 6:55 am

• Gardening and the Augmentation of the Complexity and Intensity of the Field of Intelligent Life
  by Lambert Strether 5:55 am

• No Treatment or Vaccine for Ebola, but a $1000 Pill for Hepatitis C
  by Lambert Strether 12:55 am

August 2, 2014

• Links 8/2/14
  by Lambert Strether 6:55 am

• Why the Gulf of Tonkin and the Vietnam War Matter 50 Years Later (1/2)
  by Lambert Strether 3:55 am

• Climate Tipping Requires Precautionary Accumulation of Capital and an Additional Price for Carbon Emissions
  by Lambert Strether 1:55 am

August 1, 2014

• Links 8/1/14
  by David Dayen 3:30 am

• Humanity May Face Choice By 2040: Conventional Energy or Drinking Water
  by Yves Smith 2:01 am

• GAO Report on Too Big to Fail Strives to Be All Things to All Observers
  by David Dayen 2:00 am

• Matt Stoller: A Grand Unified Theory of Terribleness: Money Laundering by Banks, Terrorism, Genocide, and Tax Cuts
  by David Dayen 1:00 am

• Ilargi: Say Bye to the Bubble
  by Yves Smith 12:01 am