Credit Writedowns

This is a post which originally appeared at New Deal 2.0 by Randall Wray on why President Obama needs a new economic team, starting with Tim Geithner. L. Randall Wray, Ph.D. is Professor of Economics at the University of Missouri-Kansas…

Many more links are available at the news feed (which is also available as an RSS feed). Main Street to Wall Street: We don't buy the rally The people of Iceland deserve our sympathy | Business | The Observer Financial…

Federal Reserve Chairman Ben Bernanke recently defended the Federal Reserve’s low-interest rate monetary policy which preceded the housing bubble in the United States. Bernanke instead pointed to a lack of regulatory controls as the major…

Reading the news today, I came across an NPR article that I believe captured the political mood in the U.S. rather well.  While the stress of the article is on disillusionment from Obama’s base of supporters, I believe much the same…

Most Read Byron Wien: Ten Surprises for 2010 More on Byron Wien’s Ten Surprises for 2010 Definition of terms The Democratic Party meltdown of 2010 Geithner urged AIG to withhold information Leading a reader to water…

This is the latest in a series of forecast posts. Notably, there has been Richard Bernstein, Saxo Bank and Byron Wien. The Pragmatic Capitalist has The Ultimate Guide to 2010 Investment Predictions and Outlooks, if you are interested in…

This is a post which I originally published at New Deal 2.0. Ed mentioned earlier today in the links that I was going to post to add some variety to the discussions at Credit Writedowns. So, here is an article on Spain and the EU which…

The White House Stands Behind Geithner, Says Tim Was Not Involved In AIG Email Fiasco is the headline of a recent post at Zero Hedge. Barack Obama is standing behind Tim Geithner. I remain unconvinced. This is the second time Secretary…

Dear readers, I just barely missed putting 2009 in the title again. I’ll learn.  I have some other things on my plate, so I have not posted quite as often as I would like. I have three or four topics I want to look into. They are:…

Bond king Bill Gross has gone populist. He starts his latest monthly investment outlook with an indictment of capitalism as practiced today in the United States that is a frontal assault on the corruption we are witnessing in Washington. As…