Daily Archives: July 24, 2009

Some Fear N.Y. Fed Too Influenced by Wall Street – Washington Post

New York Fed President William C. Dudley served 10 years as Goldman Sachs’s chief economist. (By Kevin Clark — The Washington Post) By Neil Irwin Washington Post Staff Writer Monday, July 20, 2009 NEW YORK — The low-slung cubicles wrap … Continue reading

Posted in Political Chaos, REITs, The End of American Capitalism As We Know It? - Discuss, The Geithner Resignation Watch, The Importance of Strategic Planning, The Joy of Being A Bank, The New American Socialism, Who Guarantees the Guarantor?-You Do! | Leave a comment

Subprime Brokers Back as Dubious Loan Fixers

Despite making promises of relief to homeowners desperate to keep their homes, FedMod and other profit making loan modification firms often fail to deliver, according to a New York Times investigation based on interviews with scores of former employees and … Continue reading

Posted in Sub-Prime anytime | Leave a comment

Useful Reports

How to Turn a Recession Into a Depression – Bill Niskanen, Cato Institute Upgrading Our China Outlook – Wang, Yam & Zhang, Morgan Stanley Weekly Economic & Financial Commentary – Wells Fargo Economics Weekly Economic Report – Diana Furchtgott-Roth, Hudson … Continue reading

Posted in The Geithner Resignation Watch | Leave a comment

The perils of polling in the post Obama era

Over the decades, “garbage in, garbage out” has been shortened to its acronym, GIGO. In politics, one of the places where you’re most likely to run across the GIGO phenomenon is in the construction of a survey sample. Read more

Posted in A Growing List Of One Term Presidents | Leave a comment

N.J. officials, N.Y. rabbis caught in federal money laundering, corruption sweep

Arrests include Assemblyman Daniel Van Pelt, Hoboken Mayor Peter Cammarano, Secaucus Mayor Dennis Elwell and Jersey City Deputy Mayor Leona Beldini Get more on the story, including video, photos and more at www.nj.com

Posted in Back to the basics | Leave a comment