Latest news (Page 157)
More on the Fed's Balance Sheet
From Credit Writedowns via Yves Smith at Naked Capitalism: If the Fed were a commercial bank, it might be declared
He's Making a List, and Checking It Twice
Not Santa (yet), but New Labour's loathsome Peter (now Lord) Mandelson. The idea of Lord M. being turned
Weaponizing Credit Default Swaps
Another lovely investment strategy for tough times. From Friday's Financial Times: Speculators are being armed by banks to
Bank of America Next?
Found this Reuters link on LBO Talk: After Citi, is Bank of America next? Mon Nov 24, 2008 6:52pm
Geithner & Kissinger Associates--pt. 2
From Bob Feldman: Treasury Secretary Designate Geithner's Kissinger Associates Connection--Part 2 Between 1986 and 1989, U.S. Treasury
3 Links on Global Demand
Reviving demand in the face of unprecedented deleveraging on the part of consumers and corporations (leaving governments--many already indebted to
Why Should We be Surprised? (Yves Smith)
We noticed the article in today's NY Times that the GAO will be releasing the first audit of
Change Immigrants and Labor Can Believe In
By David Bacon The Nation, web edition, November 26, 2008 Since 2001 the Bush administration has deported more than a
Motor City Meltdown (Thomas Palley)
Thomas Palley's latest policy op-ed. The financial crisis that began in 2007 has been persistently marked by muddled
Neoliberalism, the IMF, Summers, & Geithner
Interesting post by Ken Hanly on lbo-talk, about Obama's new economics appointees: Timothy Geithner (to be Treasury Secretary)
George Monbiot on the 'Other Crisis'
From the fantastic Tuesday morning Guardian columnist's latest. Note in particular this little item: "This approach is