bankruptcy

Jesse's Cafe Americain: Boehner Tells Bankers to Stand Up to Those Senate Punks A Glimpse at the Judge Who Rapped the SEC – WSJ.com Hey, That's My Jet! – WSJ.com Parenteau: The Hyperinflation Hyperventalists « naked capitalism…

Obama to tap Yellen for Fed vice chair:source| Reuters BBC News – Rove 'proud' of US waterboarding terror suspects Walmart vende la Barbie negra a mitad de precio que la blanca ¿discriminación? – elConfidencial.com Examiner sees…

About a month ago I wrote a post called “The coming wave of second mortgage writedowns” the gist of which was that the big four banks (Citi, JP, BofA, and Wells) had a shed load of exposure to now worthless second mortgages. With many first…

This is the fifth in a series of posts about ideas for financial reform generated by the “Make Markets Be Markets” conference I attended yesterday in New York City on 3 Mar 2010. You can download all of the written presentations here.…

Expect a companion piece to this based on what is now happening in Europe. To put it simply, it is all bailout all the time as officialdom desperately uses extend and pretend liquidity to forestall the inevitable solvency problems. This…

Below is a partial list of January 2010 FDIC enforcement decisions and orders. I have only included cease-and-desist orders, prompt corrective action notices and termination of insurance orders as these are the signs of banking system…

I am back from a week in Mexico.  And here in DC there are still mountains of snow on the ground. Here are some links I picked up on yesterday on my way home. Cheers. Edward PS. – the article from Worthwhile Canadian Initiative is…

Yves Smith and I received a tip at the weekend from a friend who reads the German press regularly about credit default swaps (CDS) on Greek government debt. Read Yves’ piece based on that article here. Below is mine. Previously, I had…

In the lead-up to the credit crisis, I really didn’t write a considerable amount about second mortgages despite my focus on credit writedowns. At that time, I was more focused on writedowns from securitized mortgage paper (and later…

John Mauldin’s latest is about spotting asset bubbles and the potential government policy response. But he also has a lot to say about the latest employment situation survey and the situation in Greece with an apt comparison to the U.S. In…