Monthly Archives: April 2010

Confessions of a Wall Street Nihilist

FORGET ABOUT GOLDMAN SACHS, OUR ENTIRE ECONOMY IS BUILT ON FRAUD Fraudonomics: 10 Fun Fraud Facts

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Filed under Fraud, Market, The good stuff

Vampire Squid & Fin Reform roundup: lobbyists, liars, fluffers

Vampire squid parasites are on the job: The Journal said Goldman’s lobbying against a proposal to require big banks to sell off their derivatives trading units “could put Democrats and the White House, which is lukewarm on the provision, in … Continue reading

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Filed under Chamber of corruption, Corporate cronyism, Corrupt pigs, Crony capitalism, Crooked bankers, Financial press, Financial regulations, Goldman Sachs, Lobbyists

HLS student on fast track for clerkship with Sam Alito

Above the Law: I absolutely do not rule out the possibility that African Americans are, on average, genetically predisposed to be less intelligent. I could also obviously be convinced that by controlling for the right variables, we would see that … Continue reading

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Filed under Conservative politics, Racist

WaPo publishes two op-eds that will get ignored because they weren’t written by Bush speechwriters

Matt Miller: a “unsolicited redemption strategy” for Goldman Sachs that includes leading efforts to clean up Wall Street, supporting bans on financial instruments that exist only to facilitate side bets, endorsing higher marginal tax rates on annual income that exceeds … Continue reading

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Filed under Crony capitalism, Crooked bankers, Financial regulations, Journamalism

Goldman looking for fluffers to turn that forwn upside down

I am sure the Wall Street Journal op-ed team will step up: Goldman Sachs employees and politicians alike are sore at Sen. Carl Levin, who apparently “turned the Senate proceedings into an episode of ‘Jersey Shore’,” according to one Republican … Continue reading

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Filed under Crony capitalism, Crooked bankers, Financial press, Financial regulations, Golden Teabag Award, Goldman Sachs

Socialism rears its ugly head on the tarmac

Damn far-reaching regulations: Passengers Rejoice: Tarmac Delay Rule Now In Effect The rule would also demand working toilets and that after 2 hours passengers be provided with food and water. Well, that rule went into effect today. According to 1010Wins, … Continue reading

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Filed under Airline industry, Real oversight

Ken Blackwell: Idiot

Ken Blackwell: The book is well researched as any on the last 15 months (without facts) of the Obama administration more about “Exclusive – Ken Blackwell Extended In…“, posted with vodpod

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Filed under Jon Stewart

I answer this question “Do C.D.O.’s Have Social Value?” with another question

Does Goldman Sachs have any social value?

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Filed under Goldman Sachs

GOP & Frank Luntz: fin reform will destroy small businesses and promote abortion

Man, all Dems want to do is kill small businesses. They tried to pull one over our heads with that entire health insurance exchange for small business thing. Remember how many small businesses died directly as a result of the … Continue reading

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Filed under Financial regulations, GOP Buffoons, Small business

S&P renders opinion on Spain, is Ireland next? Whats left of the PIIGS?

It’s just an opinion by S&P – I don’t know why anyone is getting hot and flustered. Spain’s Debt Rating Cut as Finance Officials Meet The ratings agency Standard & Poor’s lowered the debt rating of Spain on Wednesday, its … Continue reading

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Filed under Ratings agencies, What rating agency?