Meet The $5 Billion Highway Only Cronyism Could Build

Kashkari for Congress.

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Kashkari The TARP Czar Fails At Fund Management, Now Wants To Run For Congress

Launches Website For Political Career - NeelKashkari.com

Neel T. Kashkari, who was the initial overseer of the Treasury Department’s bank bailout program, told The Wall Street Journal on Wednesday that he was planning to leave his post at Pimco to weigh running for office. In a statement, he confirmed those plans.

“As much as I have enjoyed my time at Pimco, I feel an obligation and a desire to serve my community through public service,” Mr. Kashkari said in the statement. “My time at the Department of the Treasury was the most rewarding professional experience of my life and I want to find ways to continue to serve my fellow citizens in some capacity.”  Staying true to his roots, he would run as a Republican — even in overwhelmingly Democratic California.

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Morning links.

Meet The $5 Billion Highway Only Cronyism Could Build

A Farewell To Sanity: Proposal To Expand Fed's Balance Sheet From $3T To $33 Trillion

Bloomberg Summary Of Obama's SOTU Speech

Bloomberg Summary Of GOP Response From Marco Rubio

DEJA LIBOR - Deutsche Bank Suspends Traders Over Euribor Manipulation

Entrepreneur Got Away With Dumping 100 Tons Of Iron Dust In Ocean

Reagan' s Home Could Become A Parking Lot For Obama's Library

Another Pay Cut For Morgan Stanley CEO

Fed's Evans Says QE Is 'Energy Bar' For The Economy - MarketWatch

Can You Fight Poverty In Africa With A Five-Star Hotel? - ProPublica Investigation

Apple CEO Talks About David Einhorn Lawsuit

Goldman Sachs CEO Lloyd Blankfein Defends Aborted Plan To Dodge Taxes On Bonus

Former NYC Prosecutor Busted for Felony Marijuana Sales

Unraveling the Freddie-Fannie Tangle - ProPublica

How Green Was My Bankruptcy? U. S. Army Edition | Watts Up With That

Banks Should Try To Beat Sweden’s 12% Minimum - Bloomberg

Too Big To Fail, Too Rich To Jail: HSBC, Reddit's Aaron Swartz And The Rule Of Law

Hacktivism: Civil Disobedience Or Cyber Crime? - ProPublica

World Bank Ready To Support Troubled Vietnam Banks - Bloomberg

Apple At Cheapest Since 2000 Signals Buy To Fund Managers - Bloomberg

Apple Said to Have Team Of 100 Designers Developing iWatch Computer

Corrupt Chinese Politicians Are Buying Billions In U.S. Real Estate | Zero Hedge

Wells Fargo Sued By German Compnay For $160 Million In CDO Fraud

Withdrawn: $114 Billion From Big U.S. Banks This Month - And No One Knows Why

POLL: 25% Say God Influences Sporting Events

Comments

[DailyBail]

CIA nominee had detailed knowledge of "enhanced interrogation techniques"

http://www.reuters.com/article/2013/01/30/us-obama-nominations-brennan-idUSBRE90T07I20130130

[DailyBail]

A Zimbabwean holidaymaker has become the latest victim of a spate of dreadlock robberies in South Africa, believed to have been triggered by the demand for human hair extensions.

http://www.ibtimes.co.uk/articles/429544/20130130/hair-today-gone-tommorow-south-african-thieves.htm

[DailyBail]

Apple reputation falls behind Amazon’s in Harris poll

http://blogs.marketwatch.com/thetell/2013/02/12/apple-reputation-falls-behind-amazons-in-harris-poll/

[DailyBail]

Samsung Girds for Life After Apple

http://www.bloomberg.com/news/2013-02-12/samsung-girds-for-life-after-apple-in-disruption-devotion-tech.html

[DailyBail]

Italy 1980 plane crash probably caused by missile, court says

http://www.reuters.com/article/2013/01/28/italy-plane-verdict-idUSL5N0AXDWR20130128

[DailyBail]

Just 4 of 37 Massachusetts compounding pharmacies passed surprise health inspections

http://www.boston.com/whitecoatnotes/2013/02/05/just-massachusetts-compounding-pharmacies-passed-surprise-health-inspections/zFT7FKklNPfj6EdW4tYu1L/story.html

The Department of Public Health began the inspections in October after New England Compounding Center’s tainted steroids were linked last fall to meningitis and other infections that have sickened nearly 700 people across the country and been blamed for 45 deaths.

[DailyBail]

Corporate credit is bubbling, but no worries if it bursts, Fed official says

http://blogs.marketwatch.com/thetell/2013/02/07/corporate-credit-is-bubbling-but-no-worries-if-it-bursts-fed-official-says/

[DailyBail]

Heineken CEO Says Europe to Remain `Under Pressure'

http://www.bloomberg.com/video/heineken-ceo-says-europe-to-remain-under-pressure-0ZIAgmX4ReqX1IOCoChDcQ.html

[john]

Nice one re: Africa and the IFC. I will be getting a second weekly article ready and put a hold on the one I have been working on. There is much more to add and that will require a little more time :).

[SKINFLINT]

Did I miss anything particularly important from the speech last night? On a side note, my ass sure is sore and burning. The potus must have been talking about us last night.

[DailyBail]

Regarding the German firm suing Wells Fargo for CDO fraud (in the links above), here is another similar suit from the a few years ago.

http://dailybail.com/home/goldman-sachs-sued-by-german-bank-over-an-aig-cdo-bailed-out.html

[DailyBail]

Rubio’s water break steals the show

http://blogs.marketwatch.com/election/2013/02/13/rubios-water-break-steals-the-show/

[DailyBail]

Dow 17,000? Main Street lambs led to the slaughter

http://www.marketwatch.com/Story/story/print?guid=0E5E9D72-7480-11E2-96E1-002128040CF6

[SKINFLINT]

Running for office? Just what the F--K? That is what this country needs is another bald headed bald faced liar who couldn't even carry a piss bucket properly for the likes of Paulson. What a joke. Maybe he should open up a chain of check cashing outlets called Neels Cash Carry. Or perhaps he could put on a head dress like an Egyptian Pharoah and parade around LA with buckets of worhless dollar bills and offer them as fire starters for homeless people. He could call it Neels cash carry. Maybe he can be a deacon in a church and be responsible for the collection during service. He could call it Kneels cash carry. Or maybe he can live the life of a shamed man in Southern Cali and just shut the fuch up. Gads what a dishonorable man.