Showing posts with label Christopher Whalen. Show all posts
Showing posts with label Christopher Whalen. Show all posts
Wednesday, May 15, 2024

Janet Yellen: Sexual abuse of female employees at FDIC under Martin Gruenberg "totally unacceptable"

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Treasury Secretary Janet Yellen   signaled her displeasure,   telling reporters Tuesday that “the kind of abuses that were documented in the...
Sunday, March 12, 2023

The wizards of smart at Silicon Valley Bank loaded up on mortgage backed securities in the last few years, and when they needed to raise cash recently they had to sell some at a big loss

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$1.8 billion. That sparked the run. The problems have been known for months by people like Chris Whalen. This guy below actually tweeted out...
Tuesday, September 18, 2018

Ten years after fall of Lehman, lawyer still tracking down borrowers who committed fraud

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From the story in The Denver Post, here : “What I kept seeing over and over again is how greed manifests itself,” he said. “There was ...
Thursday, September 4, 2014

PIMCO's Bill Gross wakes up to the wall hit by TCMDO, but not fully

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Others saw this in April 2013. Here's Bill Gross in September 2014: The current outstanding total [credit] approximates $58 trillion a...
Monday, June 30, 2014

Banks probably will need ZIRP until March 2015 to be fully recapitalized from the crisis

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In March 2013 Warren Sulmasy estimated that banks had lost $1 trillion in the crisis, and had recapitalized as little as $300 billion of tha...
Thursday, May 15, 2014

Jim Cramer reads fellow Democrat Tim Geithner and suddenly discovers frugality: both men are only five years behind the curve

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THE MARKET IS UP 11% SINCE CRAMER SAID SELL IN SEPTEMBER 2013 Jim Cramer, quoted  here : "I think America's gone frugal. ...
Monday, February 24, 2014

The Fed is subsidizing all banks to the tune of $100 billion per quarter in artificially depressed income to depositors

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Chris Whalen, last November, here : Chief among the data points to be noted is that net interest expense, which is the money paid to deposit...
Thursday, September 26, 2013

Total Credit Market Debt Has Grown Less Than 9% In The Last Three Years

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The debt deflationary depression continues. Total credit market debt owed (TCMDO), now unhelpfully renamed by the Federal Reserve "All ...
Tuesday, April 30, 2013

Housing, Shmousing. Here's What's Really Been Happening.

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RC Whalen, here , in January: "[J]udicial states remain mired in foreclosure backlogs that still stretch ahead for years to come.  Beca...
Monday, April 2, 2012

When the People Lose Control of the Public Finances, Tyranny Often Follows

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Herbert Hoover has captured the imagination of a number of writers recently, from Walter Russell Mead to R. Christopher Whalen. Now James Gr...
Sunday, March 18, 2012

In Case You Missed It, Noted Libertarian RC Whalen Endorsed Newt Gingrich

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RC Whalen's expertise with all things banking frequently is on display at ZeroHedge, where his endorsement  of Newt Gingrich appeared, n...
Saturday, February 25, 2012

Marxism Won In America: The New Deal and Great Society Stem From Socialism

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So says R. Christopher Whalen here : [D]espite America’s pretensions to being a free market, democratic society, the Marxian world view won ...
Tuesday, August 16, 2011

Capitalism Hasn't Failed in America. It Just Hasn't Been Tried For A While.

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So says Chris Whalen here , in reply to Roubini: [D]espite America’s pretensions to being a free market, democratic society, the Marxian wor...
Thursday, June 23, 2011

The Nation Rips Bill Clinton a New One for Enabling Financial De-Regulation Under Gingrich

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An argument, here , with which we happily agree, except there's no discussion of the de-regulation of the homeowner, who, since 1997, ha...
Monday, June 13, 2011

The Current Shape of the 78 Year Emergency

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Robert G. Wilmers, a defender of community banking, doesn't explicitly mention the abolition of Glass-Steagall, but he lays out some of ...
Friday, June 10, 2011

Progressivism: Just Another Word For Fascism

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As seen here : "Reading various online threads, it never ceases to amaze me that advocates of what we will call a more liberal or progr...
Wednesday, June 8, 2011

If You Don't Have the Note Today, You Don't Have No Game

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Chris Whalen here  shows the regrettable continuity between the problems of today and the 1930s with respect to the legal issues in judicial...
Wednesday, June 1, 2011

Former Supporter Perceives the Blended Strongman in President Obama

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In remarks available here  from the president of the Black Chamber of Commerce. Harry Alford likens Obama to both a fanatical Marxist and to...
Monday, February 7, 2011

RC Whalen Wants Us To Declare FDR's 'Emergency' Over Already

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Some excerpts: President Herbert Hoover said of the New Deal that it was an attempt to crossbreed Socialism, Fascism and Free Enterprise, pa...
Wednesday, December 1, 2010

Chris Whalen Explains How the Taxpayers Bailed Out the Shareholders

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They don't teach angry at church. You'll just have to go here .  The Federal Reserve is a wholly owned subsidiary of the financial s...