Stacy Summary: All roads lead to a whole lot of fraudulent debt. Thoughts?
Record shorts on euro
Utah considers scrapping 12th grade to save money
Wall St is a high on crack driver that just drove into your house
Stacy Summary: All roads lead to a whole lot of fraudulent debt. Thoughts?
Record shorts on euro
Utah considers scrapping 12th grade to save money
Wall St is a high on crack driver that just drove into your house
Tags: 12th grade · euro shorts · tavakoli · utah
Stacy Summary: Got through the ho ho ho. Here is what I am reading this morning.
Pentagon sees huge savings by replacing contractors with federal employees
Maryland county pushes ahead with casino plans
Tavakoli: Response to Goldman Sachs
Tags: casino · goldman sachs · maryland · pentagon · private contractors · tavakoli
Stacy Summary: From Janet Tavakoli. Great piece.
Warren Buffett, Stop Using My Credit Card! [PDF]
On October 25, 2009, when BBC’s Evan Davis interviewed him, Buffett surprised me : Click here to view the eight minute video. It started out so well, but after six minutes the interview went sideways. [Not shown in this clip Buffett said [...]
Tags: tavakoli · warren buffett
Stacy Summary: It grows more evident every day that the global economy is truly in the hands of jokers.
Ireland’s 54 billion euro gamble nears approval
White House wants to use TARP funds to pay down deficit (lol, very interesting way to extract a new tax)
Tavakoli via Mish: There are no criminals. Everyone is innocent.
Tags: bear stearns · ireland · mish · nama · tarp · tavakoli
Stacy Summary: And, of course, Goldman’s undisclosed role will not be examined by Congress or one of the commissions designed to investigate how this ‘mysterious’ financial collapse happened.
Goldman’s Undisclosed Role in AIG’s Distress [PDF]