Phoenix Capital Research: Why Should you be Freaked Out About Stock Market?
[Phoenix Capital Research, Via Zero Hedge.] This is a chart of the US monetary base. In simple terms, it charts how much money the Fed…
Wall Street Fraud
Goldman Sachs and the Myth of “The Best and the Brightest”
There is a widespread notion among mental health professionals that most MBAs from Ivy-league level schools are either sociopaths or narcissists. And many of those…
Don Chu is Going to the Big House
The following is from the US Attorney Preet Bharata’s complaint against Don Chu, who was arrested this week on insider trading charges. The Tech Company…
Feds to Continue their War on Savers
With current financial turmoil entering its fourth year, it is time to reflect on things that got us here. Today Ben’s bandits at the Fed…
This is SOME Economic Recovery!
Enough Said. (Hat tip to the Big Picture Blog)
Markets Sell off Today, Still Wall Street Wins
The Senate just passed a stupid bill and called it financial reform. [via CBS Marketwatch] The mammoth legislative package — which passed 59 to 39,…
Economics: “A Disgraced Profession”
Says who? James Galbraith, son of legendary James Galbraith. Well, this is a late realization for my fellow academic. For at least 14 years I…
Black and Bold
Ladies and gentlemen, this is what speaking truth to the power looks like. Watch William Black’s congressional testimony. While he was ripping Lehman, Fuld was…