Initial Jobless Claims remain elevated
Initial Jobless Claims totaled 456k, 6k above expectations and last week was revised up by 6k to 459k. This level remains very elevated...
Real Estate Agents Defrauding Banks in Short Sales
Fraud Thursday continues as Bloomberg reports on the latest scam: Banks Face Short-Sale Fraud as Home ‘Flopping’ Schemes Spread:...
At the right price, buyers show up
Following yesterday’s successful auction of 3 and 10 yr paper in Portugal, new Spanish and Italian debt was met with solid demand....
Q&A with Bernanke (Alan Grayson)
Rep. Grayson posed written questions to Ben Bernanke after a February 24, 2010 hearing before the House Financial Services Committee. We...
Paulson/Geithner Committed Fraud in AIG Disclosures
Go figure: Bush Treasury Secretary Hank Paulson and then NY Fed President Tim Geithner misled the public as to how bad AIG’s...
Sovereign Debt Crisis: Born in Greece?
Good Evening: U.S. stocks tried to extend yesterday’s rally on Wednesday, but another late sell off prevented the major averages...
Financial Reform or Financial Dementia?
Richard W. Fisher Financial Reform or Financial Dementia? Remarks at the SW Graduate School of Banking 53rd Annual Keynote Address and...
Oil Spill Trajectory Hindcast/Forecast
Fascinating animation via the College of Marine Science at the University of South Florida based on West Florida Shelf ROMS: > click...
Unemployment Cartogram 1980-2009
Via DataDriven, comes this interesting animation of the historical state unemployment data: > Dorling Cartogram of US Unemployment,...
Fair Warning
Larry Kudlow, December 7, 2007: BUSH BOOM CONTINUES There is no recession. Despite all the doom and gloom from the economic pessimistas,...