Monthly Archives

July 2010

Under Stress

After a long and rather tense wait, the initial response to the publication of the European bank stress tests was always going to be something of an anti-climax. Indeed the results should hardly have comes as a surprise to anyone It is…

On race and politics and other links

More On Race and Politics -  My take: when the chips are down, people look for someone or something to blame.  For a good example of how xenophobia increases during economic hardship, see my post Mexican Repatriation: The Great…

The Poisoning and other links

When I run these links at Yves Q. Smith's site Naked Capitalism I am a bit the chatty Cathy. Here I run them sans commentary. For those of you who read both, the difference is simple: when in Rome. For those of you who don't, check out NC,…

A Mid-Summer’s Reflection

A personal note of reflection from Mike Farrell, CEO of Annaly Capital Management. It had been a long time between vacations. Credit crunch, lending implosion, sovereign credits going into default, currency devaluations, government…

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