Entries Tagged as 'cdo'

The new CDO, ‘harmful’ cuts and economic costs

August 13th, 2010 46 Comments

Stacy Summary: Some afternoon headlines . . . Is GLD the new CDO? Gates urges Congress to avoid ‘harmful’ military budget cuts Economic costs of floods in Pakistan spiral; 14 million displaced

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‘Ratings surveillance’ fees and the UK rating ‘mystery’

April 29th, 2010 47 Comments

Stacy Summary: Apparently, it’s a mystery as to why the UK has not been downgraded. Rating agencies raking it in on ‘ratings surveillance” fees on CDOs in default Warning for Britain as financial chaos spreads to Spain

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Goldman’s body count is criminal

December 23rd, 2009 30 Comments

Stacy Summary: As we have said in our radio shows, Goldman basically took out an insurance policy on the US economy and her consumer/citizens and then had every incentive to burn the whole thing down to collect on the insurance money. Body count from Goldman actions crosses into criminal territory In addition, the Federal Reserve [...]

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