Publication: naked capitalism

First reported 6 hours ago - Updated 30 mins ago - 1 reports

Bank Settlement Grade Inflation: High Bullshit to Cash Ratio in $17 Billion Bank of America Deal

Over the last year, the Administration has entered into a series of bank settlements over various types of mortgage misconduct. The sudden rush to generate headlines from misdeeds that have been covered in the media in lurid detail during and after the ... [Published naked capitalism - 6 hours ago]
First reported 4 hours ago - Updated 3 hours ago - 1 reports

Pending Suit Against Countrywide’s Angelo Mozilo: Yet More Politically-Driven Selective Enforcement

Let's be clear: we are fans of going after bank execs who bear significant responsibility for damage to borrowers and the economy, rather than just the footsoldiers. We also prefer criminal prosecutions. But in this era when the elites just don't think ... [Published naked capitalism - 4 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Links 8/21/14

First reported 3 hours ago - Updated 3 hours ago - 1 reports

Lambert Talks With Tim Wu, Net Neutrality Pioneer and NY Lieutenant Governor Candidate

Yves here. Lambert interviewed Tim Wu, who is campaigning with Zephry Teachout to upset politics as usual in New York. Both are running in the New York State primary against Andrew Cuomo and his candidate for lieutenant governor, Kathy Hochul. The Teachout/Wu ... [Published naked capitalism - 3 hours ago]
First reported 7 hours ago - Updated 7 hours ago - 1 reports

Ballooning Finance: How Financial Innovation Produces Overgrowth and Busts

Yves here. It's a welcome surprise to see economists devise a model that delivers generally sensible results. Here, three economists looked at how financial innovation leads to an bloated financial sector as well as greatly increasing the risk of mel ... [Published naked capitalism - 7 hours ago]
Entities: Invention, Risk
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Links 8/20/14

First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Algorithmic Regulation, “Code is Law,” and the Case of Ferguson

"Algorithmic regulation" is subject to bad and gamed data, accepts closed source code, and isn't suitable for "automated intervention," let alone the government of a free people. I also believe it presents problems as tractable that are in fact wicked, ... [Published naked capitalism - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

NYT’s William Cohan Blasts “Holder Doctrine” of Headfake Bank “Settlements” With No Prosecutions

Even though there is tacit acceptance, or perhaps more accurately, sullen resignation, about regulators' failure to make serious investigations into financial firm misconduct (probes on specific issues don't cut it), occasionally a pundit steps up to ... [Published naked capitalism - Aug 20 2014]
Entities: Bank, Resignation
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Merging Finance and Health Care Leadership – Robert Rubin Proteges Running DHHS, Spouse of Hedge Fund Magnate Running the FDA

Yves here. This post describes a pair of examples in the mistaken assumption that financiers, or at least people with connections to financiers, are the best people to put in charge of anything. Of course, whether people actually believe that assumption, ... [Published naked capitalism - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Wolf Richter: Fannie Mae Sledgehammers Housing Forecasts

You’d think the housing market is in fine shape, based on the sizzling optimism of the National Association of Home Builders, which just released its Housing Market Index. It rose to 55 in August – above 50 means more builders view conditions as good ... [Published naked capitalism - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Top White Shoe Law Firms Cited as Enablers of Bank Misconduct

One of the tacit agreements among those at the very top of the power pecking order is not to criticize each other in public (with a few ritualized exceptions, like roughings up in Congressional hearings).So while this account, from Susan Beck at Litigation ... [Published naked capitalism - Aug 20 2014]
Entities: Law Firm, Bank, Litigation
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Our Bloomberg Op-Ed: “How Your Pension Fund Became a Casino”

We have an op-ed just published at Bloomberg, " How Your Pension Fund Became a Casino ." I hope you'll read it pronto! ... [Published naked capitalism - Aug 20 2014]
Entities: Casino

Quotes

...The current version is the anodyne "J PMorgan Joins Goldman in Designing Derivatives for a New Generation ." But the very first paragraph flags the troubling resemblance to the last hurrah of the pre-crisis credit mania:
...However, there's also the variant of the deeply vested partisan. As Upton Sinclair stated, "It is difficult to get a man to understand something when his salary depends on his not understanding it." And a lot of those salaried-by-the-status-quo folks have access to media megaphones

More Content

All (960) | News (0) | Reports (0) | Blogs (960) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Links 8/21/14 [Published naked capitalism - 3 hours ago]
Lambert Talks With Tim Wu, Net Neutrality Pione... [Published naked capitalism - 3 hours ago]
Pending Suit Against Countrywide’s Angelo Mozil... [Published naked capitalism - 4 hours ago]
Bank Settlement Grade Inflation: High Bullshit ... [Published naked capitalism - 6 hours ago]
Ballooning Finance: How Financial Innovation Pr... [Published naked capitalism - 7 hours ago]
Links 8/20/14 [Published naked capitalism - Aug 20 2014]
Algorithmic Regulation, “Code is Law,” and the ... [Published naked capitalism - Aug 20 2014]
NYT’s William Cohan Blasts “Holder Doctrine” of... [Published naked capitalism - Aug 20 2014]
Merging Finance and Health Care Leadership – Ro... [Published naked capitalism - Aug 20 2014]
Wolf Richter: Fannie Mae Sledgehammers Housing ... [Published naked capitalism - Aug 20 2014]
Top White Shoe Law Firms Cited as Enablers of B... [Published naked capitalism - Aug 20 2014]
Our Bloomberg Op-Ed: “How Your Pension Fund Bec... [Published naked capitalism - Aug 20 2014]
Links 8/19/14 [Published naked capitalism - Aug 19 2014]
Benjamin Lawsky Shows Other Bank Regulators How... [Published naked capitalism - Aug 19 2014]
Philip Pilkington: Taxation, Government Spendin... [Published naked capitalism - Aug 19 2014]
Blogs Review: The Forever Recession [Published naked capitalism - Aug 19 2014]
Ukraine’s Next Crisis? Economic Disaster [Published naked capitalism - Aug 19 2014]
Links 8/18/14 [Published naked capitalism - Aug 18 2014]
Utopian Robotics [Published naked capitalism - Aug 18 2014]
The Lawsuit That Could Legalize Pay-To-Play For... [Published naked capitalism - Aug 18 2014]
Regulators Punting on “Too Big to Fail” Problem... [Published naked capitalism - Aug 18 2014]
Fracking Waste Disposal Fuels Opposition in U.S... [Published naked capitalism - Aug 18 2014]
Links 8/17/14 [Published naked capitalism - Aug 17 2014]
Will the Political Class of Today Ever Admit th... [Published naked capitalism - Aug 17 2014]
Deconstructing Fed Vice Chair Stanley Fischer o... [Published naked capitalism - Aug 17 2014]
Links 8/16/14 [Published naked capitalism - Aug 16 2014]
Does the Central Bank Control Long-Term Interes... [Published naked capitalism - Aug 16 2014]
Don Quijones: Nato-Member Turkey Threatens West... [Published naked capitalism - Aug 16 2014]
Links 8/15/14 [Published naked capitalism - Aug 15 2014]
Getting Sucked into ObamaCare is a Lot Like Bei... [Published naked capitalism - Aug 15 2014]
1 2 3 4 5 6 7 8 9 10 ...
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Links 8/21/14 [Published naked capitalism - 3 hours ago]
...
Lambert Talks With Tim Wu, Net Neutrality Pione... [Published naked capitalism - 3 hours ago]
Yves here. Lambert interviewed Tim Wu, who is campaigning with Zephry Teachout to upset politics as usual in New York. Both are running in the New York State primary against Andrew Cuomo and his candidate for lieutenant governor, Kathy Hochul. The Teachout/Wu ...
Pending Suit Against Countrywide’s Angelo Mozil... [Published naked capitalism - 4 hours ago]
Let's be clear: we are fans of going after bank execs who bear significant responsibility for damage to borrowers and the economy, rather than just the footsoldiers. We also prefer criminal prosecutions. But in this era when the elites just don't think ...
Bank Settlement Grade Inflation: High Bullshit ... [Published naked capitalism - 6 hours ago]
Over the last year, the Administration has entered into a series of bank settlements over various types of mortgage misconduct. The sudden rush to generate headlines from misdeeds that have been covered in the media in lurid detail during and after the ...
Ballooning Finance: How Financial Innovation Pr... [Published naked capitalism - 7 hours ago]
Yves here. It's a welcome surprise to see economists devise a model that delivers generally sensible results. Here, three economists looked at how financial innovation leads to an bloated financial sector as well as greatly increasing the risk of mel ...
1 2 3 4 5 6 7 8 9 10 ...
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.