Der Spiegel article on GS and Greece

While I am trying to get my hands on the Der Spiegel article translated to English, I did find this: http://www.newser.com/story/80527/goldman-helped-greece-hide-catastrophic-debt.html which is making the rounds this am and adding fuel to EUR fire. Bottom line is that...

The Taylor/Bernanke celebrity death match and Mortgage TBA

There are a couple things on my mind this morning as the bond markets bounce around in tight ranges. The House Financial Services Committee convenes tomorrow with Bernanke being forced to lay the groundwork for the exit strategy. Kohn's speech last week will likely...

Too big to fail – sovereign style

What is going on in Europe is affecting ALL markets. While there are many complex forces at work, there actually is a very simple storyline that we sadly have witnessed not too long ago. At the center of the firestorm is the simple fact that European (and Global)...

77-23 Worst Ever

History of Fed Chairman votes: G. William Miller March 3, 1978 unanimous consent Paul C. Volcker August 2, 1979 98-0 Paul C. Volcker July 27, 1983 84-16 Alan Greenspan August 3, 1987 91-2 Alan Greenspan February 27, 1992 unanimous consent Alan Greenspan June 20, 1996...