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« Feds Bust 44 From Armenian-American Mafia In Largest Medicare Fraud Scheme In History | Main | ABSOLUTE MUST SEE -- Donald Duck Meets Glenn Beck in 'Right Wing Radio Duck' (+ Beck's Response - Both Clips) »
Thursday
Oct142010

Yves Smith On Wall Street's Clever Corruption: "Laws Are So Weak, Criminals Are Permitted To Run Free" (VIDEO)

New clip.  Excellent discussion. 

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Also check out Yves with Max Keiser 2 weeks ago:

 

 

 

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Reader Comments (9)

Weekly jobless claims rise 13,000 to 462,000

New applications for compensation back above year-end 2009 level

http://www.marketwatch.com/story/weekly-us-jobless-claims-climb-13000-to-462000-2010-10-14
Oct 14, 2010 at 12:26 PM | Registered CommenterDailyBail
Why Wall Street May Love a Punishing Election

A Political Shift May Influence the Fate of Dodd-Frank

http://online.wsj.com/article/SB10001424052748703673604575550352948151266.html?mod=mktw

Read this...
Oct 14, 2010 at 12:27 PM | Registered CommenterDailyBail
Economic heavyweights Professors Paul Krugman and Niall Ferguson clash again over stimulus spending proposals

http://www.guardian.co.uk/business/2010/oct/13/us-spend-or-cut-debate

Another good read...
Oct 14, 2010 at 12:29 PM | Registered CommenterDailyBail
The Wars on Drugs and Terror: mirror images

By Glenn Greenwald

http://www.salon.com/news/opinion/glenn_greenwald/2010/10/14/wars/index.html
Oct 14, 2010 at 12:29 PM | Registered CommenterDailyBail
WASHINGTON (MarketWatch) — The role of Fannie Mae and Freddie Mac in administering the Troubled Asset Relief Program was criticized Thursday by a government oversight panel, in particular the mortgage giants’ role in a home mortgage modification program.

The Treasury Department’s usage of contractors in administering TARP at a cost of $436.7 million was critiqued more broadly in a report by the Congressional Oversight Panel, with the contracting process impeding accountability, creating confusion over the role of small business and not awarding enough minority-owned contracts.

http://www.marketwatch.com/story/fannie-freddie-tarp-role-criticized-by-panel-2010-10-14
Oct 14, 2010 at 12:30 PM | Registered CommenterDailyBail
A new hedge fund's question: Where to invest if Israel strikes Iran?

http://finance.fortune.cnn.com/2010/09/27/betting-on-the-bomb/
Oct 14, 2010 at 12:32 PM | Registered CommenterDailyBail
Duct tape and bailing wire?

I love Yves, but that's a bad metaphor. You can actually fix stuff with duct tape and bailing wire. Paper mache, not so much....

Can someone please explain to me how it is that the Russian media is doing a such a great job covering the US financial system?
Oct 15, 2010 at 5:43 PM | Unregistered Commentermark mchugh
you are right mark...RT does a good job with the truth about the banks...
Oct 16, 2010 at 3:57 PM | Registered CommenterDailyBail

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