China Bubble Pops, Still No Wall Street Jail Time, Fed Prez Sees No Inflation, Food Prices In Danger Zone, Glass-Steagall Is Back, Goldman Execs In Trouble For Lying (Links)

• In Financial Crisis, No Prosecutions of Top Figures - NYT Must
• Banks Should Face Criminal Charges Over Foreclosuregate
• China Bubble Pops: Beijing Real Estate Prices Plunge 27% In One Month
• Fed Prez Says He Doesn’t See Signs of Inflation
• Bloomberg rips Warren Buffett
• Goldman Sachs accused of misleading Congress
• World Bank: Food prices have entered the 'danger zone'
• Banks face $3.6 trillion "wall" of maturing debt: IMF
• 5 Shocking Examples Of Government Corruption That Will Blow Your Mind
• Glass-Steagall Reintroduced (Basically) - HR.1489 - Denninger
• Gillian Tett interviews Simon Johnson at Bretton Woods
• Obama $1 Trillion Tax Proposal Slams Into Republican Wall
• Raising the Debt Ceiling, and Extending QE-2 Indefinitely
• Rep. Walter Jones: "Cut This! Cut That! We're Spending 8 Billion Dollars A Month On A War That Can't Be Won!"

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William Black: Why aren’t the honest bankers demanding prosecutions of their dishonest rivals? (Links)

• Gov't orders 14 lenders to reimburse homeowners
• Banks Forced to Pay Foreclosure Victims as Talks Continue
• The rule of foreclosure law is not even worth 20 basis points
• Fraudclosure Draft Settlement - Scribd Document
• Germany acknowledges Greece may need to restructure bailout
• David Stockman - Who will stop the Fed
• David Stockman - Federal Reserve’s path of destruction - Part 2
• Average Traders Getting Killed in FX Markets
• Barry Bonds Found Guilty in Federal Steroids Probe Trial
• Goldman Sachs’s Special Situations Unit Produced 9% of Firm's '07 Revs
• PROFESSOR: Sarah Palin Staged A Gigantic Hoax About Being Trig's Mother
• Guerrilla Hoarding - Mises
• All Paperwork "Errors" Eh? - Denninger
• International JOKE: President Obama - Denninger
• Bernanke Urges Republicans to ‘Deal With’ Debt Without Backing Any Plan
• JPMorgan Ex-Structured Product CDO Head Llodra May Face SEC Suit
• William Black: Why aren’t the honest bankers demanding prosecutions of their dishonest rivals? - Naked Capitalism
• Frederic Mishkin Iceland Prize for Intellectual Integrity Goes to Calomiris, Higgins, and Mason Paper on Mortgage Settlement - Naked Cap
• Louisiana Bankruptcy Court Ruling Confirms Claims Made Against Lender Processing Services in Class Action Filings

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Goldman Traders Tried to Manipulate Derivatives Market in '07, Senate Report Says

Fab looks at Swenson (glasses) during Senate testimony last Summer.

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Spillionaires: Profiteering And Mismanagement In The Wake Of The BP Oil Spill (ProPublica Special Investigation)

The oil spill that was once expected to bring economic ruin to the Gulf Coast appears to have delivered something entirely different: a gusher of money.

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Clarke & Dawe On The BP Oil Spill: "The First Thing To Do Is To Underestimate The Problem"

Brilliant satire from the Australian duo.

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TSA Strip Searches 3 Year Old Boy: Video

This act of Homeland Insecurity genius occurred over the Christmas holidays...

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TSA Search & Harrass 9 Year-Old Boy And Other Train Passengers AFTER Their Trip (VIDEO)

Video - Feb. 13, 2011

Anyone with any answers why the search after the trip, otherwise we might be left with no other conclusion outside of general TSA stupidity.

And that's just not possible.

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Gillian Tett & Martin Wolf Interview Simon Johnson, Joseph Stiglitz And Henry Kaufman At Bretton Woods INET

Videos can't be embedded due to luddite policy at the FT.

Apr 12 2011 - The interviews are excellent.

• Simon Johnson
• Joseph Stiglitz
• Henry Kaufman

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AWESOME Video Timeline Of Obama's Daily Response To BP Oil Spill (White House Won't Like This Clip)

Since BP is in the news again...

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Walter Jones: "Cut This! Cut That! We're Spending 8 Billion Dollars A Month On A War That Can't Be Won!" (Links)

U.S. must cut deficit soon, IMF says

CNN arrests expose crackdown in Bahrain

Cornell Univ. Study: Fracking for natural gas more hazardous than burning coal

US deficit up 15.7% in first half of fiscal 2011

CHART: GDP Without Government Spending - Market Ticker

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LINKS DUMP: Reaction To The Goldman Sachs Hearings From Around The Web, Clinton Gives The G-Men A Pass

Originally published in April 2010.

• ACA became Wall St's trash can, now haunts Goldman (Reuters)
• Goldman Bankers Said `Anything' to Get High Rating, S&P Ex-Analyst Says
• Bill Clinton Skeptical Goldman Violated Law (BW)
• Ex-Goldman Trader Bought Major Stake in ACA, Shorted Subprime CDOs
• Inside the emails of Fabulous Fab (Bloomberg)
• Three Modest Proposals For Goldman Sachs (By Simon Johnson)
• Goldman Sachs execs still don't get it: A scene from the Senate hearing
• SEC’s Schapiro Touts Goldman Suit While Seeking Funds (Bloomberg)
• Goldman Sachs Testimony Body Language -- Fab Tourre (VIDEO)
• BofA CEO Moynihan Doubts Goldman Sachs Case Will Spur Overregulation
• Senator Carl Levin Op-Ed On Goldman
• Warren Buffett On Goldman Sachs (BW)
• Goldman Armed Salespeople to Dump Assets, E-mails Show (Bloomberg)
• Matt Taibbi: The Goldman Lunatics Who Made a Religion Out of Greed

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Video: Carl Levin On Michael Swenson And Goldman Fraud

Video is from Senate testimony in December 2010 with SEC Chair Mary Schapiro. Start watching at the 54-minute mark; Swenson is mentioned shortly thereafter.  

Runs 3 minutes from that point.

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Final Senate Report: Wall Street And The Financial Crisis: Anatomy Of The Collapse

Get more detail from Bloomberg here...

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Nuclear Engineer Arnie Gundersen Demonstrates How Fukushima's Fuel Rods Melted And Shattered

Interesting clip.  Gundersen has been all over the MSM for the last month.  After the introduction, you might want to skip ahead to the 3-minute mark.

You can ask questions directly of Arnie at the following link:

http://vimeo.com/22209827

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