Archive for February, 2009
SEC Probed Stanford Companies; Red Flags Abounded
February 23rd, 2009Via: AP: For years, there were red flags — so many they could have massed into a crimson blanket. As with the Bernard Madoff case, the scandal surrounding billionaire R. Allen Stanford now seems clear and obvious in hindsight. Yet Stanford managed to run his alleged scheme even while the Securities and Exchange Commission and […]
Brown: World Needs ‘Global New Deal’
February 23rd, 2009Tell me another one, Gordon. Via: CNN: The world needs a “global New Deal” to haul it out of the economic crisis it faces, Prime Minister Gordon Brown of the United Kingdom said Sunday. “We need a global New Deal — a grand bargain between the countries and continents of this world — so that […]
And Now… The ‘Summer of Rage’ in Britain
February 23rd, 2009Please read about “Pseudo-Gangs” before you wave any signs or consider joining some dumbshit group. The groups mentioned below are going to be crawling with counterinsurgency personnel. Via: Guardian: Police are preparing for a “summer of rage” as victims of the economic downturn take to the streets to demonstrate against financial institutions, the Guardian has […]
When Consumers Cut Back: A Lesson from Japan
February 23rd, 2009See what I mean about frugality as a mode of warfare? Via: IHT: As recession-wary Americans adapt to a new frugality, Japan offers a peek at how thrift can take lasting hold of a consumer society, to disastrous effect. The economic malaise that plagued Japan from the 1990s until the early 2000s brought stunted wages […]
Secret U.S. Unit Trains Commandos in Pakistan
February 23rd, 2009Same as it ever was. Via: IHT: More than 70 United States military advisers and technical specialists are secretly working in Pakistan to help its armed forces battle Al Qaeda and the Taliban in the country’s lawless tribal areas, American military officials said. The Americans are mostly Army Special Forces soldiers who are training Pakistani […]
Taxpayers Could Own Up to 40% of Citi’s Common Stock, Diluting Value of Shares
February 23rd, 2009But before you read about that, here’s the setup: Would CNBC Let Gasparino Say This On-Air? Earlier this year, high-flying hedge fund Paulson & Co. retained [former Federal Reserve chief Alan Greenspan] for its “advisory board.” The firm is a noted “short seller” of banks and financial stocks – meaning it makes money when these […]
Roubini: The Banks That Were Too Big to Fail Are Now Even Bigger to Fail; He Sees Nationalization and Breakups Ahead
February 23rd, 2009What does this mean for the dollar? Two economics professors discuss what would be the most radical financial policy in the U.S. in the last century and the fate of the dollar doesn’t come up once? All of this bailout nonsense seems to have been a series of shell games. The pea they’re trying to […]
Financial Crises And Public Finances: Where Is The Greatest Risk?
February 22nd, 2009Does the band play on for U.S. Treasuries? This looks like a beauty pageant in a leper colony. Via: BCA Research: Our fixed income team has just published a Special Report comparing 22 developed government debt in the face of the current financial crisis. The Special Report reviewed the vulnerability of these markets to rating […]
Warning Against Adverse Health Effects From the Operation of Digital Broadcast Television
February 22nd, 2009PDF download is available, but you need a free ScribD account. Via: ScribD: Warning Against Adverse Health Effects From the Operation of Digital Broadcast Publish at Scribd or explore others: Engineering Research digital broadcast DVBT
Blank Spots on the Map Contest Results Posted
February 22nd, 2009Blank Spots on the Map: The Dark Geography of the Pentagon’s Secret World
