Friday
Aug102012
Aug 10, 2012 at 3:31 PMWednesday
Aug082012
VIDEO - Dallas Fed President Richard Fisher: 'The Fed Has Done Its Job, Doing More QE Doesn't SOLVE The Problem'
Another short clip from Fisher's interview on Bloomberg this morning.
Wednesday
Aug082012
Bailed Out Wells Fargo Will Fire You If Your Kid Gets Cancer, Big Fight For Audit The Fed In The GOP Platform, John Mica Crony Capitalism Florida Style (LINKS)
Afternoon reading from around the web:
- Lawsuit Alleges Wells Fargo Fired Man Because His Daughter Got Cancer
- REP. JOHN MICA: CRONY CAPITALISM, FLORIDA STYLE
- Bernanke’s Nightmare FED Audit Pushed For GOP Platform - Bloomberg
- Standard Chartered Bank - Fraud is one thing, but this would verge on treason
- FAA seeks RECORD fines against AMR, American Air
- CORRUPTION - Pfizer Admits Bribery in Eight Countries
- WWIII: Great commodities war to end all wars
- Obama Videographer: Official record or taxpayer-financed politics?
- Are Three Nuns and a Priest the Keys to TB Immunity? - Bloomberg
- Olympics spectator with Parkinson's arrested 'for not smiling'
Wednesday
Aug082012
VIDEO - Rep. Miller Asks Geithner Why He Didn't Inform Dept. Of Justice Of LIBOR Fraud
Decent clip. More from Geithner's Libor testimony July 25.
You can just skip to the 4-minute mark and watch the last 2 minutes. After considerable effort, Miller gets Geithner to admit that he 'did NOT inform the DOJ of anything even though he was aware of specific cases of fraud involving LIBOR manipulation.'
Wednesday
Aug082012
Live Blogging The European Debt Crisis
The Telegraph has a live blog, updating every few minutes.
Wednesday
Aug082012
Wednesday
Aug082012
741 Tax Returns Filed From Single Florida Address, IRS Refunds More Than $1 Million (LINKS)
Fed photo from 1914 inisde.
- Fed & Treasury Regulators irate at NY State solo action against Standard Chartered
- 741 Tax Returns Filed From Single Florida Address, IRS Refunds Over $1 Million
- Libor, Naked and Exposed - NYT Editorial by CFTC Chairman Gary Gensler
- Drone Pilots Waiting for a Kill Shot 7,000 Miles Away - NYT
- A Hundred Horses Are Ford’s Pride After Flipping Bailed-Out Banks - Bloomberg
- Mark Hulbert: More bulls now than at the May 1 bull market peak
- Don’t get suckered by the Draghi put
- SEC's new ‘Flash Crash’ rules made Knight keep bad trades
- Recession Generation Opts To Rent Not Buy Houses Or Cars - Bloomberg
- Loughner pleads guilty to 19 counts - Gabby Giffords Shooter
Wednesday
Aug082012
USA Olympic Soccer Video: "Nice Header, Babe...And Thanks For Stomping On My Face" (Look Out Krugman!)
Here's a close-up as Melissa Tancredi of Canada battles Carli Lloyd from the U.S.A.
Here's a better clip that shows the aftermath.
We formally propose Olympic soccer battles betweens teams of economists. We would happily shell out large pay-per-view bucks to see 'Keynesians vs. The Austrian School' for the Gold medal, hoping to see Peter Schiff accidentally stomp on the face of Paul Krugman, while Coach Ron Paul instructs Thomas Woods to kick Brad Delong where it hurts him the most, the stomach.
You get the idea.
And don't even ask which team would be more motivated to win Gold.
Tuesday
Aug072012
SPECIAL REPORT: Inside The Department Of Justice’s Unprecedented Failure To Prosecute Big Finance
Yesterday I hinted that there would be more this week on cronyism and corruption within the DOJ as it related to Wall Street non-prosecution, and it has arrived.
Tuesday
Aug072012
Monday
Aug062012
VIDEO - Congressman Questions Geithner About Sandy Weill's Call To Break Up The Mega-Banks
More from Geithner's testimony on July 25. (I'm slowly getting thru every clip.) Michigan Rep. Bill Huizenga asks him about Sandy Weill's call on CNBC earlier that morning to reinstate Glass-Steagall and bust up the TBTF banks.
Geithner evades the question adroitly, textbook even, just as he learned years ago at summer camp for Rubinite financial terrorists.