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Archive for April, 2010

Bundled bullshit

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April 23rd, 2010 at 1:43 pm

Posted in dough

Deepwater Horizon rig that blew up, sank, and is leaking oil over 100 sq miles was built in 2001.

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April 23rd, 2010 at 9:47 am

Posted in transparency

Contact your Senators to support the SAFE Banking Act of 2010

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April 23rd, 2010 at 9:20 am

Posted in think big

A bet GS will lose to SEC. “When you prosecute mass murderers who use guns and bombs and threaten your life, and you kick their asses anyway, you ain’t afraid of a group of billionaire bankers and their spreadsheets.”

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April 23rd, 2010 at 8:22 am

Posted in dough,transparency

Moody’s served subpoena from FCIC

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April 23rd, 2010 at 8:17 am

Posted in dough,FCIC mentions,transparency

How CDO’s helped expand securitization market for home mortgages from the short side

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April 23rd, 2010 at 8:14 am

Posted in dough,transparency

Ratings agencies “fixed” ratings of derivatives

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April 23rd, 2010 at 8:12 am

Posted in dough,transparency

Life Mag photos of Einstein just after his death never released before.

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April 21st, 2010 at 8:54 pm

Posted in think big

Leonard Nimoy is retiring to do some chillaxin

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April 21st, 2010 at 8:41 pm

Posted in tunes

“Lehman was the leading purveyor of liars loans in the world for most of this decade…” Stunning testimony.

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April 21st, 2010 at 10:37 am

Posted in dough

Testimony today about why financial regulations need to be tightened up drastically.

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April 20th, 2010 at 8:07 am

Posted in dough

It is also why the 2 SEC commissioners who voted against bringing the case — Republican commissioners, Kathleen Casey and Troy Paredes — should be ashamed of themselves.

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April 20th, 2010 at 7:24 am

Posted in dough

Convicted felon, former CPA, and former CFO of Crazy Eddie on SEC’s kiss of death to GS

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April 19th, 2010 at 10:24 am

Posted in dough

2 Minute vid on why you should care about SEC v. GS.

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April 18th, 2010 at 6:59 pm

Posted in dough

Eyjafjallajökull. Repeat after me.

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April 18th, 2010 at 6:16 pm

Posted in think big

Libertarians explain the financial reform they’re looking for.

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April 18th, 2010 at 12:04 pm

Posted in dough

When you deliberately withhold adverse material information from customers, that is fraud. When you do this on a grand scale, the full weight of the law will come down on you and the people who supposedly supervised you. And if the weight of that law is no longer sufficient to deal with – and to prevent going forward – the latest forms of very old and reprehensible crimes, then it is again time to change the law.

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April 17th, 2010 at 2:06 pm

Posted in dough,FCIC mentions,transparency

“This is an issue the Commission has expressed interest in, inquired about and believes is of serious concern,” said Phil Angelides, chair of the Financial Crisis Inquiry Commission. “What the Commission sees as its central mission is whether practices like this were widespread in the marketplace or isolated incidents.” The allegations against Goldman go to the “very trustworthiness of the marketplace,” Angelides said.

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April 17th, 2010 at 9:06 am

Posted in dough,FCIC mentions,transparency

Fancy schmancy accounting “rule” that forced us to bail out Citigroup is being closed.

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April 17th, 2010 at 8:56 am

Posted in dough,FCIC mentions,transparency

SEC v. GS. Paperwork of security leaked. ABACUS 2007-AC1 $2 Billion Synthetic CDO Referencing a static RMBS Portfolio Selected by ACA Management, LLC.

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April 17th, 2010 at 8:37 am

Posted in dough,transparency

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