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2 hours ago“Paging all regulators: Read Tanta’s posts. Borrower underwritten loans should be permanently banned.” - Calculated Risk: Missing the
3 hours ago“in the video, Marsal mentions that his firm hired some 400 ex Lehman staffers to help unwind the trades, and threw out a $500,000 salary and
4 hours agoIn an article headlined “The Man Who Crashed the World” Michael Lewis profiles Joe Cassano, the former head of A.I.G.’s Financial Products unit.
4 hours ago“How interesting. A&M; was hired before LEH’s bankruptcy. What if anything did A&M; tell LEH before filing? Is A&M;’s report
5 hours agoI've got a post up over at the Washington Post's Hearing blog on how the Fed can - and should - maintain its independence. Fun fact: the
5 hours agoA federal appeals court ruled against California's bid to cut payments for health-care providers who treat the poor.
5 hours ago“It has come out that the losses appear likely to be $130 billion on what was a roughly $660 billion balance sheet. That is an insanely high
6 hours agoWonder how we ended up with a mortgage market meltdown (that led to a financial crisis that led to a recession)? I’ve got your answer right here.
6 hours agoThere is no economic recovery in sight. And more stimuli won't instigate consumers to spend more money.According to the headline in the
7 hours ago“Last month, Philipp Hildebrand, vice chairman of the Swiss central bank, shook the finance community when he warned that unless the world
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