Don’t Like the Numbers? Change ‘Em If a CEO issued the kind of distorted figures put out by politicians and scientists, he’d wind up in prison. By MICHAEL J. BOSKIN Politicians and scientists who don’t like what their data…
A Paper You MUST Read Posted by Karl Denninger Buried in the smoke and furor yesterday was the second panel in the FCIC testimony – the one CNBC did not provide any meaningful coverage of. And right up front…
Oh SEC! What Sort Of BS Game Was This? Posted by Karl Denninger Gee, honest mistake? —–Original Message—– From: CME Globex Control Center Sent: Wednesday, January 13, 2010 4:54 PM Subject: ESH0 Event Importance: High Between 11:03 and 11:04 CT…
OECD:Global Government Support For Financial System $11.4 Tln LONDON (Dow Jones)–Governments and central banks around the world have provided $11.4 trillion in support to banks and other financial firms in an effort to stem the financial crisis, economists at…
Stop Complaining and Start Acting; We Need to Solve the Problem With Wall St. Bonuses, Black Says by Peter Gorenstein There’s no absence of backlash and outrage over the billions Wall Street bankers will take home this year in…