athena

New Citigroup Chief Economist Warns of Sovereign Debt Delusion

Look for a mulitnational controlled devaluation of currencies against the yuan, and yen --long overdue...or do you really think that the world will collapse?

U.S. Financial Institutions: Does the Collective Balance Sheet Add Up?

Its what keeps me up at night, thanks for the article.

SIVs: Employing All the Abuses the Credit Bubble Made Famous

Sounds like fraud to me.

High Frequency Trading: Legally, It's Called Churn

So I am tipping them to trade? Remember when it cost a few hundred to trade one stock?
Maybe they are providing a service of liquidity
by taking advantage of our stupidity.

Credit Default Swaps: Financial Weapons of Mass Destruction

I cannot understand how options are called "derivatives" and "insurance" is called a swap.
Call them anything you like but we have rules for options and insurance.
I think that I will rename my income tax liability and call it "transferrable debt" and ignore it.

Financial Elites and the Enronization of America (Part II)

What you are describing is the wholesale commoditization of America. Value is relative to perception and manipulation and available to the highest bidder. Now I see the same attitude toward
personal relationships, sex and finally children and marriage.
Internet porn, sugar daddy sites, ritalin, octomoms, sexting, gay marriage, --anything goes.
So how can you reverse that kind of thinking? On a social level, call it the Ebaying of America.

PPIP Watch: Banks as Bidders and Sellers...Hmm, Remember Enron?

Of course this will happen. How did you thimk they would recapitalize the banks without asking congress every 2 weeks?
This is why we used to call Enron-- Endrun.
This is the warm up to cap and trade.

Bank Bailout Comedy: Four Clips from Colbert

Very funny. Say goodbye to liberty, we are forced to pay for contracts created by fraud. We are forced to pay for bad bets made by their counterparties. The creators of these contracts get new jobs,and bonuses and we get the bill.

Exchanges Propose Weakened Uptick Rule

The short sellers have taken over the markets. It is a very big business, the largest hedge firms do this routinely to make money.
The naked short selling, the manipulation will not stop as long as it is profitable.

Financials Watch: AIG Brouhaha Distracts from Other Improprieties

Of course they have to bail out the hedge funds. Where do you think these guys have their own money invested? Trust me when the general public finds out about these sweetheart deals, and they will,
the AIG bonus outcry will look like the joke that it is.

Why the Fed's TALF Is Bad for America

Bravo, you summed it up.

Proceeding with Nationalization: Where to Begin

Such a sad day indeed. No one yet has seen the implications. We have become a banana republic. Without the bananas.

Recent Policy Decisions and a Greater Depression

Your article is well written but you forget how quickly markets anticipate and react. The greater tax theory is coming NOW by the states, and the rest fiasco to come will be written on the Dow in the next few days/weeks.
If it is true that the Swiss may collapse then next decade will be one of cleaning house. And maybe senate too...

Bank Nationalization: It's Just Plain Wrong

If you wipe out the bank shareholders, and there are many, you will never see anyone invest here again.

Politicians Must Choose: The Market or the Country

I believe they said Dow below 8600 will trigger the annuity meltown and witness how the Fed was injecting money to the Dow, indirectly ,to keep it up above 8600 before yearend. Now it is freefall time.