FDIC did not make IndyMac fail!
[It is really frustrating that I even feel I have to point this out
but the mis-information campaign is extremely well funded, and shrill].

Bubbles and speculation will always be with us, but bubbles rooted in the financial sector, and the deep and long lasting recessions they cause, are particularly destructive because without a working banking system it is much harder for the non-financial sectors of the economy to grow and pull us out of the
recession.

It takes shady bankers, and lots of leverage to create a mess like IndyMac.

Basically OneWest will make more from the FDIC by foreclosing than they will by loan modification or short sale.

If you haven’t already seen this great propaganda tool…:

http://en.tackfilm.se/?id=1266299751069RA23

My two cents worth, Mr. Ritholtz – take on a good PR firm.

Those Coulter links are frickin hysterical !

How have I never read that shit before?

My stomach still hurts — Unreal

this: “You are describing a different story line — The credit crisis is so bad it has exhausted the FDIC insurance fund, raising the possibility of increased fees or a Treasury loan.”

is, actually, it’s own story line, one that skips over the fact that the FDIC, as an ‘insurance’ fund, never bothered to raise its ‘premiums’–ahead of the, obviously, oncoming storm–rather, it choose the ‘profit enhancing’-tack, for the ‘banks’, anyways, of ‘steady-as-she-goes’..(hmm, they, even, in fairly recent history, reduced them?)

with its own ‘tummy-chuckler’ of a euphemism ‘Treasury loan’, thrown in..

no matter, you’re point–”The orig. vid. was sloppy/loose with the facts”–is *True enough (for what is Seen..)

others have, already, noted some of the costlier aspects, of ‘what is Unseen’, of the dynamic that is being illuminated..
~~

speaking of illumination/ in order to be clear, above, with this: ” http://clusty.com/search?input-form=clusty-simple&v%3Asources=webplus&query=get+paid+to+tweet+twitter+facebook+whore

which, you know, instead of running ads for OSTK, you could ‘brew your own’ ad rev./rec.’d products/provisioners/cohort demand aggregation servicio ..”

I wasn’t suggesting that you begin “Facebook whoring”, instead of running ads for OSTK, BBY, et al..

I was suggesting that..by utilizing “WebVideo/IPTV” that you could engage your readership–that has made it clearly known that they appreciate your “straight-forward/no B***-S*** POV”–and, with their input, begin creating a “‘brew your own’ ad rev./rec.’d products/provisioners/cohort demand aggregation servicio”..

Here’s betting that you would find it more rewarding, your readership/viewership would find it more compelling/useful, and both parties would find products/provisioners that neither had heard/thought of before..(yes, speaking of ‘Cheddar’, there, really, can be a WWW on the www. ..)

but, as always, at the EOD, it’s: “Differin’ Opines, Make’m run the Equuines”

But I always recommend these classic 2005, Not Safe For Work pages for any fan of Coulter:

http://tinyurl.com/IFANNCITAH

and

http://tinyurl.com/BIACASA

Enjoy . . .

~~~~

REPEAT: These pages are Not Safe For Work

I have to single out the right, because they have raised this to an art form: Michelle Malkin and Ann Coulter because they seem to be the most shameless practioner of the art of media whoredom, saying anything outrageous to generate attention book sales, and media spots. To these shameless hucksters, Truth is irrelevant, book sales and speaking fees are all that matter . . .