Wednesday
Apr202011
Physician Parents Threatened By TSA Before 6 Year Old Daughter Was Groped: Good Morning America (Video)
Full write-up inside.
Apr 20, 2011 at 3:45 PMWednesday
Apr202011
Propaganda From Re/Max CEO Margaret Kelly: We've Been Wrong Every Month For 5 Years, But Now Is REALLY The Time To Buy (Bloomberg Interview)
Two things to keep in mind. She is on the Board of the Kansas City Fed, which is Hoenig's bank. And she is wrong about home ownership being the American Dream. Read this from Bank of America CEO Brian Moynihan.
Read the full story at Bloomberg
Video - April 20 - Margaret Kelly, chief executive officer of Re/Max International Inc., talks about the outlook for the U.S. housing market.
Wednesday
Apr202011
U.S. Taxpayers On Hook For Portugal Bailout, New Reality Show Starring Janet Napolitano, How One Hedge Fund Kept The Bubble Alive, Massive CRE Collapse (Links)
- How One Hedge Fund Helped Keep the Bubble Going - ProPublica
- U.S. Taxpayers on the Hook for Portugal Bailout
- New Reality Television Show to Feature Janet Napolitano
- The Wall Street Money Machine - ProPublica
- CNN’s John King Manages To Out-Crazy Birther Queen Orly Taitz
- Egypt in Talks With IMF, World Bank on Loans
- U.S. Senate Investigation Gives New Details on Magnetar
- Massive CRE Collapse - $2.7 Trillion Gone
- SEC Warns Former JPMorgan Exec It Plans to Sue Over Magnetar Deal
- Bill Maher, Ed Schultz & Michael Steele Have Shoutfest On Budget
- Maher: Obama Spent To Get Us Out The Hole That Bush Dug
- SEC Investigating Citigroup Mortgage Deal
- America's Military Expansion Funded by Foreign Central Banks
- Setting The Record Straight on GE’s Taxes
- Controversial £7.7m pay bonus for RBS chief set to get go-ahead
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Wednesday
Apr202011
Warren Buffett Sued Over Sokol's Trades, Total US Debt Now Officially Above The Ceiling, China Frets Over U.S. Debt, Taco Bell Beef Lawsuit, True Inflation (LINKS)
- Berkshire and Buffett sued over Sokol's trades
- Koch Industries buying ads to refute news stories
- Obama Embarks on Tour to Sell Debt Plan, Not Dwell on S&P
- Goldman Traders Tried To Manipulate Derivatives Market In '07: Senate
- States see biggest revenue drop in 60 years
- Total US Debt Now Officially Above The Ceiling
- Americans Shun Cheapest Homes in 40 Years as Owning Loses Appeal
- CHART - The Real Inflation Rate Is 10%
- Deutsche Bank’s $4 Billion Las Vegas Bet - NYT Dealbook
- Incident: United Airlines B752 at Los Angeles - Autopilot engaged by itself
- China urges U.S. to protect creditors after S&P warning
- Maddy Albright Ambushed On Iraq War Crimes: "Is 1 Million Dead Enough?"
- Global warming must be true, Charles Manson believes in it
- US in rush to sell off GM stake: At A HUGE Loss
- The EU Crackup - Lew Rockwell
- Lawsuit over content of Taco Bell beef dropped
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Wednesday
Apr202011
Morgan Stanley's $3B Japan Default, How Goldman Trades (Illegally) On Client Info, WaMu CEO Lied To Congress, JPMorgan Did Cost-Benefit On Madoff Ponzi (Links)
- Red Flags Popping Up All Over Bank of America
- How Goldman Trades (Illegally) on Client Info
- Well Aware Of Bubble, WaMu Boosted Bad Loans - Must Read
- Lynn Tilton: The Wildest Woman in American Business
- Here's the Setup for the Taxpayer Con of the Decade
- Federal Reserve: They Broke The Law
- Did Lloyd Blankfein Misunderstand Goldman's Mortgage Bets?
- Dick Durbin’s bodyslam of Jamie Dimon
- Oops: JP Morgan Liability on Alabama?
- Merrill dangles rich signing bonuses to top brokers
- Goldman Sachs: We’re Going ‘Neutral’ on Financials, Here’s Why…
- Student Loans and For Profit Colleges - The Diploma Mill Profiteers
- How Goldman Concealed Quarter-End Risk From Shareholders
- Oliver Stone: Don't Betray Us, Barack - End the War Empire
- Bankers Running Rings Around Regulators
- Rep. Jesse Jackson Jr. Blames The iPad For Killing Jobs
- Goldman Sachs Misled Congress After Duping Clients Over CDOs, Levin Says
- Diving in Search of the ‘Great Vampire Squid’ - NYT Review Of William Cohan's New Book On Goldman Sachs
- Morgan Stanley fund fails to repay debt on Tokyo property - Largest Default In Japanese History
- JPMorgan Did A Cost-Benefit to See If It Was Worth Keeping a Ponzi Scheme As a Client
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Wednesday
Apr202011
Housing Rebound May Never Happen, Foreclosure Wastelands, Ron Paul 2012, Wrist Slap For Banks, And The 6 Most Ridiculous Things Ever Taxed (Links)
- Report: Big profits drove faulty ratings at Moody's, S&P
- SEC Warns Former JPMorgan Exec It Plans to Sue Over Magnetar Deal
- BofA CEO: Housing Rebound May Never Happen
- Chinese Real Estate Falling Fast
- Simon Johnson Says U.S. Banks Need More Equity Financing
- Charges against former Iceland PM expected soon
- Satellite Tour Of America's Foreclosure Wastelands
- OCC Wrist Slap Of Eight Banks for Unsound Foreclosure Practices
- The 6 Most Ridiculous Things Ever Taxed
- Kaptur introduces Glass-Steagall Lite
- Ron Paul edges toward 2012 presidential bid
- CBO cuts budget cuts down to real size - NPR
- Geithner Flashback: Goldman Would Have Failed
- MIT - Billion Prices Project
- Calculator - How Much Did You Pay For War This Year?
- Taxpayer Calculator: U.S. Costs in Libya
- America Is a Failed State with a Dual Justice System - Washington's Blog
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Wednesday
Apr202011
Wednesday
Apr202011
Blankfein Reaps $19 Million As Bonuses Return To Goldman
April 4 (Bloomberg) -- Goldman Sachs Group Inc. Chairman and Chief Executive Officer Lloyd Blankfein’s $19 million compensation for 2010, almost double the prior year, ended two years in which the firm’s top executives gave up cash bonuses. Blankfein’s pay included $5.4 million in cash, $12.6 million in restricted stock, a $600,000 salary and about $464,000 in other benefits, a proxy statement from the New York-based firm showed.
Wednesday
Apr202011
Dylan Ratigan Exposes The Stealth Goldman Sachs Bailout: "Robbing And Thieving The American Sucker - Once Again"
This is one of the best clips from Ratigan we've posted. We are republishing it in honor of Goldman's taxpayer-supported quarterly profits reported today.
Transcribed inside. Full breakdown of all Goldman bailouts is included.
Wednesday
Apr202011
Lobby For War, Profit From War, Lather Rinse Repeat
Transcript inside - Which corporations and government officials are most guilty?
Tuesday
Apr192011
Arlo Guthrie LIVE Performance - I'm Changing My Name To Fannie Mae - Price Of Gold Is Rising Out Of Sight
Song: I'm Changing My Name To Chrysler - The Original
This live recording is much better than the one inside, which is the Fannie Mae version. Lyrics are included for both.
- "Corporate welfare-the enormous and myriad subsidies, bailouts, giveaways, tax loopholes, debt revocations, loan guarantees, discounted insurance and other benefits conferred by government on business-is a function of political corruption. Corporate welfare programs siphon funds from appropriate public investments, subsidize companies ripping minerals from federal lands, enable pharmaceutical companies to gouge consumers, perpetuate anti-competitive oligopolistic markets, injure our national security, and weaken our democracy."
Tuesday
Apr192011
William Cohan: "Wall Street takes risks with our money, they count on getting bailed out, and they don't have any liability"
Complete transcript is inside.
Tuesday
Apr192011
New Car Engine Sends 'Shock Waves' Through Auto Industry
The engine has a rotor that's equipped with wave-like channels that trap and mix oxygen and fuel as the rotor spins. These central inlets are blocked off, building pressure within the chamber, causing a shock wave that ignites the compressed air and fuel to transmit energy.
Researchers estimate the new model could shave almost 1,000 pounds off a car's weight currently taken up by conventional engine systems. Last week, the prototype was presented to the energy division of the Advanced Research Projects Agency, which is backing the Michigan State University Engine Research Laboratory with $2.5 million in funding.
Michigan State's team of engineers hope to have a car-sized 25-kilowatt version of the prototype ready by the end of the year.