Quoting the Crisis

2009

December 64
November 118
October 142
September 133
August 132
July 169
June 154
May 89
April 139
March 217
February 102
January 120

2008

December 107
November 31
October
September
August
July
June
May
April
March
February
January
“Is this the best we can do? Forcing people to buy private...”
— Dennis Kucinich (via azspot)
Oct 31st
Daily Kos: Another Stumble from the Insurance...
Oct 31st
“…42% of American men with fathers in the bottom income...”
— Inequality Begets Inequality ...
Oct 31st
continuum: Who is filing bankruptcy? In 2008, more than 1...
Oct 30th
Calculated Risk: Report: The WaMu "Bank Run"...
Oct 30th
continuum: abbyjean: the legacy of the bush years (and...
Oct 30th
Editorial - Ongoing Agony of the Banks -...
Oct 29th
“Conservatives used the Tragedy of the Commons to argue for...”
— The Victory of the Commons...
Oct 28th
“For too long, individuals have taken advantage of the system...”
— Treasury Secretary Timothy...
Oct 28th
“In the months leading up to the September 2008 collapse of...”
— Richard Teitelbaum and Hugh...
Oct 28th
“As another older banker and one who has experienced both the...”
— John S. Reed, retired chairman...
Oct 28th
“What few people knew was that bank executives crafted a...”
— David Heath in Business &...
Oct 27th
“America’s healthcare system is indeed hemorrhaging...”
— Robert Kelley, vice president...
Oct 27th
“So according to The Washington Post, dropping bombs on,...”
— “America’s Priorities,” by the...
Oct 27th
“The test of our progress is not whether we add more to the...”
—  Franklin Delano Roosevelt...
Oct 27th
“There has always been greed and corruption in America. But...”
— Rogue Columnist (via azspot)
Oct 27th

Quotation Of The Day

ataxiwardance: mattpayton: “And now there are five — five Wall Street behemoths, bigger than...
Oct 27th
“In a slightly less perfect world, workers in America who got...”
— Bosses of America, how about...
Oct 26th
“The best case study is Massachusetts, which instituted a...”
— Alec MacGillis in If you build...
Oct 26th
Japan total Debt in 1990 was roughly 150 of GDP: today total...
Oct 26th
azspot: Jeff Danziger
Oct 26th
Warch Watch
dan-e: FRONTLINE: the warning “We didn’t truly know the dangers of the market, because it was a...
Oct 26th
“Every day the worldwide economy burns an amount of energy...”
— Paul Hawken, from “The Ecology...
Oct 25th
“…the idea that the typical American’s retirement basically...”
— Paul Krugman (via azspot)
Oct 24th
“Every President we’ve had since Ronald Reagan, Republicans...”
— Ever Increasing Entropy (via...
Oct 24th
Warch Watch
robot-heart-politics: jayparkinsonmd:soupsoup:bringmethathorizon: Sen. Al Franken: How many...
Oct 24th
axinomancy: Universal Health Care World Map (click to...
Oct 24th
“The cultural deficiencies were equally stunning. At...”
— Steve Rattner in Behind the...
Oct 24th
“Everyone knew Detroit’s reputation for insular,...”
— Steve Rattner in Behind the...
Oct 24th
“According to the IMF, writedowns on UK bank assets are going...”
— FT.com / Columnists / Martin...
Oct 24th
“After the disastrous financial swindles of the 1860s and...”
— Jerry Kohn, the head of the...
Oct 24th
“It’s hard to imagine why [Mr Paulson] thought such a meeting...”
— Melanie Sloan, executive...
Oct 23rd
“The Obama administration had opposed any efforts by the...”
— Stephen Labaton and David...
Oct 23rd
“John Meriwether, the hedge fund manager and arbitrageur...”
— Sam Jones in FT.com /...
Oct 23rd
“Most Wall Street firms stopped making donations to lawmakers...”
— Brody Mullins and T.W. Farnam...
Oct 23rd
“Friction between the business community and the Obama...”
— Stephen Foley in US business...
Oct 23rd
“Last month, the FHA announced a series of quality control...”
— Nick Timiraos in FHA Flunks...
Oct 23rd
“Citigroup tells us that the Financial Accounting Standards...”
— Pam Martens: Judges Start...
Oct 23rd
“In other industries we separate those functions that are...”
— Mervyn King, Governor of the...
Oct 23rd
“It is hard to see how the existence of institutions that are...”
— Mervyn King, Governor of the...
Oct 22nd
“Because a disability has to be verified by a doctor and...”
— The Last Psychiatrist: How Am...
Oct 22nd
Top French Official: U.S. Trying to Inflate...
Oct 22nd
“The sheer scale of support to the banking sector is...”
— Mervyn King, Governor of the...
Oct 22nd
“Plaintiff’s ‘Judge, you just don’t understand how things...”
— Judge Christopher A. Boyko of...
Oct 22nd
“Three plain talking judges, in state courts in Massachusetts...”
— Pam Martens: Judges Start...
Oct 22nd
recro: Who Owns U.S. Debt? ledgergermane:
Oct 22nd
“Serious students of health care have known for a long time...”
— The facts have a liberal...
Oct 21st
“He hits hard (implicitly) at the White House’s central idea...”
— The Consensus On Big Banks...
Oct 21st
“The sense that Wall Street has pulled off a coup d’etat and...”
— James Howard Kunstler (via...
Oct 20th
“Much of the problem with illegal sharing of copyrighted...”
— The All Party Parliamentary...
Oct 20th
“Since 2000, more families go through bankruptcy than go...”
— Hard-boiled Dreams of the...
Oct 20th
“We are simply not going to accept high levels of...”
— Lord Myners, the City...
Oct 20th
“But if no one wants the dollar to depreciate — which is the...”
— James Kwak in Cognitive...
Oct 20th
“When investors passively save rather than actively invest,...”
— Richard A. Posner in How I...
Oct 20th
“Almost 51 million square feet of office space in Los Angeles...”
— Roger Vincent in Southern...
Oct 20th
“In Europe, for example, the European Central Bank would...”
— FT.com / Columnists / Wolfgang...
Oct 20th
“The Executive Branch does not like being revealed as being a...”
— Yves Smith in Krugman on Sick...
Oct 19th
“Judge Long mentioned several times that he was shocked to...”
— albrt in Calculated Risk: U.S....
Oct 19th
“A crashing currency is not a pretty sight. Yet the iron rule...”
— Ambrose Evans-Pritchard in A...
Oct 19th
“The theory that bailout benefits sans meaningful reform will...”
— Reinventing Wall Street From...
Oct 19th
The Coming Collapse of the Middle Class
Oct 19th
“Beyond that, we desperately need to pass effective financial...”
— Paul Krugman in Op-Ed...
Oct 19th
“Each of the speculative booms and busts that have hit this...”
— Common-place: Ask the Author...
Oct 19th
“We’re experiencing a jobless recovery right now. That’s a...”
— The Service-less Service...
Oct 19th
continuum: Floyd Norris highlights a survey that implies...
Oct 18th
“If they’re too big to fail, they’re too big,” Greenspan said...”
— Alan Greenspan (via...
Oct 17th
“When the smart guys started this business of securitizing...”
— Calvin Trillin in Op-Ed...
Oct 17th
“So the bill that the House will consider on Wednesday...”
— Robert L. Borosage: Will We...
Oct 17th
“But the five largest American banks — in rough order...”
— Robert L. Borosage: Will We...
Oct 16th
“The unpalatable reality that few, self interested industry...”
— Satyajit Das’s Blog -...
Oct 16th
“It’s literally amazing to me that our press corps hasn’t yet...”
— Matt Taibbi - Taibblog – ...
Oct 15th
“My central point is that the global economy is cruising...”
— Andy Xie: For Economic...
Oct 15th
“And on a per employee basis, JP Morgan workers will earn...”
— Michael Corkery in Jamie...
Oct 15th
“We are going to continue to do what we have been doing,”
— Jamie Diemon, J.P. Morgan...
Oct 15th
“$6.5 trillion: Value of assets in stock mutual funds at end...”
— The Great Recession: The...
Oct 14th
chart-o-doom: CHART OF THE DAY: The Government Debt...
Oct 14th
“It’s obvious that strategies are what drive a...”
— Jack Welch Elaborates:...
Oct 14th
“Dear Copyright Alliance, We, the undersigned, are just a...”
— Beginning of the answer to the...
Oct 14th
Argentina Forecast to Default by 2011 Without...
Oct 14th
“We also need a much shorter term of protection; I think the...”
— William Patry, in an answer to...
Oct 14th
“It’s true, as the report says, that buying better...”
—  Ezra Klein - The Insurance...
Oct 14th
“In my prior blog I would occasionally write about the...”
— William Patry in Moral Panics...
Oct 13th
“On the face of it, shareholder value is the dumbest idea in...”
— Jack Welch, former General...
Oct 13th
“A footnote — how come the good stuff is always in the...”
— On the health insurance...
Oct 13th
“So here is my plea, President Obama and Vice President...”
— William Patry in Moral Panics...
Oct 13th
“Governments, market forces, publishers, and traditional...”
— Law and Contemporary Problems:...
Oct 13th
“Now, the strategy of giving intellectual property away so...”
— Op-Ed Columnist - Paul Krugman...
Oct 13th
“I mean, that’s the lesson from previous generations of...”
— Simon Johnson interviewed...
Oct 13th
“True, the Fed did not have regulatory authority over many of...”
— Chevelle in Models &...
Oct 13th
“Hector Sants, chief executive of the FSA, has already...”
— Jill Treanor in Cash machines...
Oct 12th
“The financial services industry now has an unimaginably rich...”
— Yves Smith in The Problem With...
Oct 12th
“After 25 years of free-market economics, Europe was left...”
— Ditch the Directive: UK stands...
Oct 12th
“Information that used to be “free” is now...”
— Law and Contemporary Problems:...
Oct 12th
“First, let’s parse the latest AIG brouhaha. We have the...”
— Yves Smith in The Problem With...
Oct 12th
ataxiwardance: mattpayton: - Washington’s revolving doors...
Oct 12th
“As we know from the financial meltdown, disclosure of...”
— Carl Malamud in Larry Lessig...
Oct 11th
“Bright, eager—and unwanted. While unemployment is ravaging...”
— Peter Coy in The Lost...
Oct 11th
“And I don’t know about you, but I’ve got a sick feeling in...”
— Paul Krugman [via...
Oct 11th
California’s Budget Suffers ‘Major Blow’ as...
Oct 11th
“A good number of people were paid a fair amount of money to...”
— Bruce Krasting: FHFA’s...
Oct 10th
“-From July 2007 through the first half of 2009—combined...”
— FHFA’s Acting Director Edward...
Oct 10th
“Britain’s performance in financial stability was described...”
— Patrick Hosking Britain...
Oct 9th
“In recent years, the popularity of reverse mortgages,...”
— Mary Ellen Podmolik in...
Oct 9th
“That leaves us with an efficient market hypothesis that...”
— Justin Fox in A post about...
Oct 9th
“When large firms can (1) shape their regulatory environment,...”
— Simon Johnson in Tonight On...
Oct 9th
“The freedom that is restricted by consumer protection laws...”
— Lawrence Glickman in What Is...
Oct 9th
“Apple is committed to protecting the environment and the...”
— Catherine Novelli,...
Oct 8th
“Observing correctly that the market was frequently...”
— Warren Buffett, quoted by John...
Oct 8th
“Most observers, whether bond sceptics or advocates, would be...”
— Rob Arnott, head of the...
Oct 8th
“In January, the Merrill plan will expire, and the stock held...”
— Louise Story in Merrill...
Oct 8th
“But Mr Geithner has an answer for those who argue that...”
— Norma Cohen in FT.com /...
Oct 8th
“The Board contends that it is serving the public’s interest...”
— Bloomberg Responds To Fed FOIA...
Oct 7th
FT.com / FTfm / Regulation and governance -...
Oct 7th
Sweden prepares for financial collapse in...
Oct 7th
Oil states say no talks on replacing dollar -...
Oct 7th
Arab states have launched secret moves with...
Oct 7th
azspot: R.J. Matson
Oct 7th
Lobbyists Stew After Being Bounced From...
Oct 6th
Commodity Swaps Would Be Regulated by U.S....
Oct 6th
“If you assume, as we do, that the equity of BAC is a zero,...”
— Chris Whalen in B of A: Bond...
Oct 6th
“[Ken Lewis] has been hideously overpaid for hideously bad...”
— Nell Minow, co-founder of the...
Oct 6th

The chimpanzees and the ABX

The IRA: So the ABX is not a good indicator of changes in the performance of the underlying ABS...
Oct 6th
“OTC structured markets today facilitate a transfer of wealth...”
— Ann Rutledge, of RR...
Oct 6th
“The founders of the United States did not embed a...”
— Chris Whalen in B of A: Bond...
Oct 5th
“PE firms in risk-blind environment preceding the credit...”
— Yves Smith in Quelle Surprise!...
Oct 5th
“So far this year, nearly all of the earnings improvements...”
— Fundamentally - Revenue Is the...
Oct 5th
“But I do think that modern macroeconomists need to be...”
— Stabroek News - The...
Oct 5th
“The broader problem is this: Our broken system leads...”
— Dad’s Life or Yours? You...
Oct 5th
“Caught in a vise of shrinking revenue and stubbornly high...”
— Landon Thomas Jr in NYT: The...
Oct 4th
“Nor is there any reason why the state should not assist the...”
— Friedrich Hayek (via azspot)
Oct 3rd
“In the United States today, we give you all the care you can...”
— WaPo (via webravebees) (via...
Oct 3rd
“The book value of Georgian’s assets was $2 billion as of...”
— Banks Have Us Flying Blind on...
Oct 2nd
“In the U.S., 26 percent of borrowers owe more than their...”
— Karen Weaver, global head of...
Oct 2nd
“VaR depends on three assumptions, all of which are generally...”
— Richard Bookstaber, quoted by...
Oct 2nd
“Common sense does not advance one very far within the...”
— David Colander, quoted by...
Oct 2nd
“Given that everyone is agreeing sophisticated risk models...”
— Simon Johnson and James Kwak...
Oct 2nd
“In other words, models succeed because they meet the needs...”
— Simon Johnson and James Kwak...
Oct 2nd
“If the private sector is a net saver, the public sector...”
— Edward Harrison in The...
Oct 2nd
“… Cambridge has an unfunded liability for its regular...”
— great, great article that lays...
Oct 2nd

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