Quoting the Crisis

FDIC Insured for Free for 10 Years

crazynutjob: It was news to some people that the FDIC wasn’t charging some banks their Deposit...

Oct 1st

“Lewis was also unlucky. In mid-December, he was shocked to...”
— Shawn Tully in Behind Ken...

Oct 1st

azspot: Rob Rogers

Oct 1st

Why Real Health Care Reform Is Impossible

Sep 30th

chart-o-doom: “ Despite the downward trend of personal...

Sep 30th

“Finally, the headline of this piece cracks me up. ‘U.S....”
— Kurt Brouwer in Fundmastery...

Sep 30th

“In fiscal year 2009, which ends next week, Treasury will...”
— Karthik Ramanathan, Treasury...

Sep 30th

“Net charge-offs, the debts a bank decides are uncollectible,...”
— Breakingviews.com - Smaller...

Sep 30th

“Job seekers now outnumber openings six to one, the worst...”
— Peter S. Goodman in U.S. Job...

Sep 30th

S&P cuts MBIA bond-insurance unit to junk

Sep 30th

“Three times a year, a coalition of Chicago community groups...”
— Binyamin Apppelbaum Fed Held...

Sep 30th

“How could such a huge shadow banking system emerge without...”
— William White in an interview...

Sep 29th

“Obama has been sold a pup by neoclassical economics: not...”
— It’s Hard Being a Bear (Part...

Sep 29th

“This “multiplier effect” will only work if American families...”
— It’s Hard Being a Bear (Part...

Sep 29th

“So far this year, 94 banks have been shut, the fastest pace...”
— FDIC Is Broke, Taxpayers at...

Sep 29th

“But Wachovia also brings credit problems that could take...”
— Wells Fargo: Ready To Blow? -...

Sep 29th

“Shadow banking is a less noticed but more important factor...”
— Andy Xie: What We Can Learn as...

Sep 29th

“But this not merely a crisis of liquidity. It is one of...”
— It’s Hard Being a Bear (Part...

Sep 29th

“At PNM Resources, we see climate change as the most pressing...”
— PNM Resources in a statement...

Sep 29th

“Too often, we confuse ends with means. One of the criticisms...”
— Joseph Stiglitz in FT.com /...

Sep 28th

“We find it dismaying that the Chamber neglects the...”
— PG&E Chairman and CEO...

Sep 28th

“On Oct. 1, new rules adopted by the Federal Reserve will go...”
— Bob Tedeschi in Mortgages -...

Sep 28th

“Nike fundamentally disagrees with the US Chamber of...”
— Switchboard, from NRDC :: Pete...

Sep 28th

“When an asset bubble boosts corporate profits, it seems...”
— Andy Xie: What We Can Learn as...

Sep 28th

“Hell, I write, read, and negotiate extremely complex,...”
— The Epicurean Dealmaker: And...

Sep 28th

Nations Agree to Vet Each Others' Policies -...

Sep 26th

think4yourself: notthatkindagay: What Do You Mean You...

Sep 26th

Watch

robot-heart-politics: thepoliticalpartygirl:brooklynmutt:think4yourself: Sen. Jon Kyl (R-AZ):...

Sep 26th

HSBC bids farewell to dollar supremacy -...

Sep 26th

“A number of top-level, highly-paid major label department...”
— Paul Resnikoff in Sources:...

Sep 26th

“According to the report, much of the world has long been...”
— Peter S. Goodman in Study Says...

Sep 25th

“Institutional investors, believed to include M&G, Aviva,...”
— Philip Aldrick...

Sep 25th

“Precisely because of the potential threat they pose to the...”
— David A. Moss in A...

Sep 25th

Calm Amidst the Storm: Bank Failures (Suspensions),...

Sep 25th

“The simple truth is that New Deal financial regulation...”
— David A. Moss in A...

Sep 25th

“The U.S. Federal Reserve is proposing new rules to limit pay...”
— Steve Eder in Pay rules may...

Sep 25th

“After seeing how quickly Congress made the leap from...”
— Kurt Brouwer in Fundmastery...

Sep 25th

“To emerge from the financial crisis in better shape, we need...”
— Rolfe Winkler  » Blog...

Sep 25th

“By 2002, when WaMu became the sixth largest bank in America,...”
— And we know how that ends… ...

Sep 24th

“Dear future generations: Please accept our apologies. We...”
— Kurt Vonnegut (loveyourchaos)...

Sep 24th

“The Treasury, fully recognizing the need for such broad...”
— Paul A. Volcker in his...

Sep 24th

“The Treasury has fundamentally mischaracterized the nature...”
— Guest Post: William K. Black’s...

Sep 24th

“As a general matter, I would exclude from commercial banking...”
— Paul A. Volcker in...

Sep 24th

Option mortgages to explode, officials warn |...

Sep 24th

“The rail indicators seem to show an economy that is...”
— The Ideas Report For Serious...

Sep 24th

G.A.O. Report Says A.I.G. Has Stabilized -...

Sep 24th

“It turned out that concerns about innovation weren’t...”
—  Ezra Klein - Ignoring...

Sep 23rd

“A report from the UK industry group that met with the Bank...”
— Anousha Sakoui and Daniel...

Sep 23rd

“What’s wrong with financial-industry compensation? In a...”
— Paul Krugman in Op-Ed...

Sep 23rd

“From 2004 to 2008, almost one-fifth of all mortgages, for...”
— Carolyn Said in $30 billion...

Sep 23rd

“I would argue that mainstream newspapers haven’t just lost...”
— Are Financial Blogs...

Sep 23rd

“AFTER a year and a half of stalling, the US Treasury finally...”
— John Crudele in THE...

Sep 23rd

“Regulation that exposes these costs and forces the trader or...”
— Rick Bookstaber: Regulation in...

Sep 23rd

“Despite the phony stress tests, the end of mark-to-market,...”
— Edward Harrison in The FDIC...

Sep 23rd

“The number of strategic defaults is far beyond most industry...”
— Kenneth R. Harney...

Sep 23rd

“All that said, given the fundamental factors in place that...”
— Ben Bernanke, Chairman of the...

Sep 22nd

“The intellectual capture of Washington by Wall Street was...”
— Simon Johnson in Protect...

Sep 22nd

“So how can the Dow be flirting with 10,000 when consumers,...”
— Robert Reich (via azspot)

Sep 22nd

“Anti-government activists use the word ‘public’ as a...”
— Ellen Hume | Resource...

Sep 22nd

nonolet: As [the following] chart shows, the US debt-to-GDP...

Sep 22nd

“What we need to do is to apply the same rules to VC’s which...”
— What Have VCs Really Done for...

Sep 22nd

axinomancy: A “Back of the Napkin” explanation of health...

Sep 22nd

Landmark Decision Promises Massive Relief for...

Sep 22nd

“The FHA does not plan to raise mortgage insurance premiums,...”
— FHA’s Risky Loans Point to...

Sep 21st

“But in another sense, there is an uneasy echo of the past....”
— Gillian Tett in FT.com /...

Sep 21st

“An important point in the analysis is that estimated losses...”
— Institutional Risk Analysis...

Sep 21st

“Former Federal Reserve Chairman Paul Volcker on Wednesday...”
— Damian Paletta and John R....

Sep 21st

Switzerland threatened with bankruptcy

Swiss banks were too careless in their lending in Eastern Europe? Yes, indeed. Many bankers wanted...

Sep 21st

“We show in our paper that inconvertible banknotes emerge...”
— Economist’s View: Toxic Assets...

Sep 21st

“In fact consumers never really were paying for content, and...”
— Post-Medium Publishing (via...

Sep 21st

telecomix: Why does the European Council keep wasting our time and money? (telecoms package)...

Sep 20th

Which Crisis ? by Michael Panzner

Sep 20th

“Yes, markets are sizzling, but industrial production is...”
— Evans Ambrose-Pritchard...

Sep 19th

“However we have serious reservations about the content and...”
— Featured Artists Coalition...

Sep 19th

“An insurance company’s “reprehensible” decision to rescind a...”
— Courthouse News Service (via...

Sep 19th

“If the American people ever allow private banks to control...”
— Thomas Jefferson (via...

Sep 19th

“Standard & Poor’s Ratings Services recalibrated...”
— UPDATE: S&P May Downgrade...

Sep 19th

“According to sources currently working out these loans at...”
— Teri Buhl in Bank-Implode!...

Sep 18th

“As of last week, the ABX index of sub-prime mortgage debt...”
— Ambrose Evans-Pritchard...

Sep 18th

Health Insurers Consider A Caesarean-Section...

Sep 18th

Iowa Attorney General: "Option ARMs are about...

Sep 18th

“As much as we’d like to see it stay, fall will not be...”
— National Weather Service...

Sep 18th

“The phenomenon of “Copy, Paste” is immoral yet indisputably...”
— Par Devleena, De. The...

Sep 17th

The Insurance Industry Profit Protection and...

Sep 17th

“So why, in a country that professes to value the importance...”
— Kenneth C. Davis (via...

Sep 17th

“Confronting today’s energy-climate challenge is the epitome...”
— John Hennessy, President of...

Sep 17th

New Chrysler Boss Says September Auto Sales A...

Sep 17th

think4yourself: savingpaper: inothernews: Tom fucking...

Sep 16th

Judge Tells Merrill Lynch, Bank of...

think4yourself: soupsoup: New York Times “It is quite something else for the very management...

Sep 16th

memes: The ghost fleet of the recession “The biggest...

Sep 16th

“Patry uses his immense knowledge of the law and history to...”
— Coro Doctorow in Patry’s...

Sep 16th

“It is a maxim of universal application that every man is...”
— excerpt from an 1886...

Sep 15th

“Although the Committee does not claim a copyright in the...”
— Dexter Johnson, Legislative...

Sep 15th

“The banking crisis represents the most explosive example of...”
— William Davies in Reinventing...

Sep 15th

“On every major measurement, the Census Bureau report shows...”
— Mark Ambinder in Closing The...

Sep 15th

“So don’t give me any of this “our hands are...”
— Washington’s Blog

Sep 15th

“Fixing the system requires this business model to be broken...”
— Philip Augar, former...

Sep 15th

“Canadian auto parts maker Magna and its Russian finance...”
— Magna wants to cut 10,500...

Sep 15th

“The New York Times treats the Chinese reaction as...”
— Yves Smith in naked capitalism

Sep 15th

“Specifically since Glass-Steagall was repealed in 1999, the...”
— Washington’s Blog

Sep 14th

“The decision to impose extra tyre tariffs followed a...”
— Geoff Dyer and Tom Braithwaite...

Sep 14th

Until Medical Bills Do Us Part

Sep 14th

dan-e: The Financial Crisis: One year after the collapse of...

Sep 14th

“We know that Medicare has worked well for half a century for...”
— George S. McGovern (via...

Sep 14th

Can the Future Be Built in America?

Sep 14th

“President Dwight D. Eisenhower warned of the birth of a...”
— Tyler Cowen (via azspot)

Sep 14th

“In the U.S. and many other countries, the too-big-to-fail...”
— Joseph Stiglitz, Nobel...

Sep 14th

“European officials fear that if the Google project goes...”
— James, Boyle. We Must Stop...

Sep 10th

“Of the $189 billion securitized Option ARM loans...”
— Some Fitch Analysts, quoted in...

Sep 9th

“The LTCM case illustrated that market discipline can break...”
— excerpt from US General...

Sep 9th

“Mr Rolet revealed high-frequency trading – including that...”
— Jeremy Grant in FT.com / FT...

Sep 8th

“The Chinese Ministry of Finance said Tuesday that it would...”
— Chris V. Nicholson in China to...

Sep 8th

“Unless and until our biggest financial players are brought...”
— Simon Johnson in G20 Summit,...

Sep 8th

azspot: Nice depiction of a system in decline

Sep 8th

“After all we’ve been through, and with so much anger still...”
— Alan S. Blinder in Economic...

Sep 8th

Rating Agencies dropped the ball every...

Mayer: The thing that shocked me the last few days is the fact that the Fed is now insisting that on...

Sep 8th

“The official jobless rate, which garners the bulk of...”
— Michael Luo in Out of Work,...

Sep 7th

“Over the past decade, the U.S. private-sector has lost...”
— Barry Ritholtz in Total 10...

Sep 7th

“This seems, however, like a good time to recall the words of...”
— Paul Krugman in How Did...

Sep 7th

“Think lobbying’s awful — but smart? Think again. Lobbying’s...”
— Four Rules for Constructive...

Sep 7th

Wall Street to buy life insurance policies,...

Sep 7th

California's Real Death Panels

Sep 6th

“Where’s the record industry executive who says mea culpa...”
— Bob Lefsetz in Lefsetz...

Sep 5th

“New forms of creativity are developing that re-use and...”
— Cameron Neylon in Science in...

Sep 4th

“I agree with Lord Turner that the UK financial sector – too...”
— Willem Buiter in FT.com /...

Sep 3rd

“I believe that efficient financial intermediation and a...”
— Willem Buiter in FT.com /...

Sep 2nd

Increase in Healthcare Insurance Premiums compared to other...

Sep 2nd

Young Workers: A Lost Decade

Sep 2nd

Sober Look: The warning signs in the US...

Sep 2nd

“Where we are left today, dear taxpayer, is a lot poorer....”
— Roger Ehrenberg in Information...

Sep 1st

“The Fed is apparently taking crappy prices on its big...”
— Yves Smith in Government Taken...

Sep 1st

chart-o-doom: Mish’s Global Economic Trend Analysis:...

Sep 1st

“When we see stories about the growth of the economy, the...”
— Charting a Bubble...

Sep 1st

“Corporations are pushing through legislation in the United...”
— Chris Hedges (via azspot)

Sep 1st

“The BSA’s decision to publicly throw its weight behind...”
— Nate Anderson in Business...

Sep 1st

“The most recent data available (for 2007) showed that the...”
— Andrew Kaplan in Guest Post:...

Sep 1st