Great Depression Not Imminent, But Inevitable [View article]
Great article. Leverage is turning into one giant ponzi scheme. Right now the government is not letting the market take any more pain so the government is trying to inflate the market out of its problem and will lever up to transfer the problems to their balance sheet.
Goldman Sachs Backlash Is Picking Up Steam [View article]
Note that no one every goes after a Goldman Exec.
Exclusive: Big Banks' Recent Profitability Due to AIG Scam? [View article]
very interesting i am going to see some cds traders this week it will be interesting what they say
Great Depression Not Imminent, But Inevitable [View article]
The LBO of America.