It’s All About the Fraud: The Silence of the Buy Side
Over the weekend, I met with John Titus, Executive Producer of the new documentary film “Bailout: The Dukes of Moral Hazard,” which tells the story of individual Americans affected by the financial...
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Soros Gold Action Speaks Louder Than ‘Bubble’ Words
From GoldCore Soros Gold Action Speaks Louder Than Trumpeted ‘Bubble’ Words Today’s AM fix was USD 1,594.75, EUR 1,293.60, and GBP 1,016.74 per ounce. Yesterday’s AM fix was USD 1,614.50, EUR 1,305.60...
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Earnings Setup — JPM, WFC, C, BAC
Reports that the housing sector is recovering has generated more than a little irrational exuberance among investors regarding financials. read more
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TAG: More Subsidies for the TBTF Banks? You Bet
Newport Beach — When Congress authorized the Transaction Account Guarantee (“TAG”) program in 2008, the measure was sold as as a temporary response to the financial crisis. The Federal Deposit...
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Tail Risk: Kamala Harris Declares War on Lenders, Loan Servicers in CA
This is a comment from The Institutional Risk Analyst from last summer. Since then the California Bill of Rights has gone into effect and this comment has landed me on the enemies list with consumer...
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Corporate Revenues Miss, a False Breakout in the S&P 500, and Europe’s Canary...
The markets moved higher yesterday because frankly Tuesday is the day for upside moves: thus far in 2013, we’ve had 13 straight Tuesday gains. This, combined with the very short-term oversold basis...
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Settlements and Fines from TBTF Institutions Since the Crisis
Let’s take a look at the amount of settlements/fines from various banks and financial institutions around the world since the crisis. There are probably a lot of settlements/fines I have missed,...
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The Crony Capitalist Pretense Behind Warren Buffett’s Banking Buys
Submitted by Alhambra Investment Partners' Jeffrey Snider via RealClearMarkets.com, When Warren Buffet put $5 billion in Berkshire Hathaway funds into Goldman Sachs the week after Lehman failed, amidst...
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Chinese Stock Plunge Resumes With 1200 Stocks Halted Limit Down; Yellen,...
Just when the Chinese plunge protection team (and “arrest shortie” task force) seemed to be finally getting “malicious selling” under control, first we saw a crack yesterday when the composite broke...
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Oct 16 – Fed’s Dudley: Uncertainty about China creates uncertainty about US...
EMOTION MOVING MARKETS NOW: 41/100 FEAR PREVIOUS CLOSE: 35/100 FEAR ONE WEEK AGO: 42/100 FEAR ONE MONTH AGO: 16/100 EXTREME FEAR ONE YEAR AGO: 1/100 EXTREME FEAR Put and Call Options: FEAR During the...
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