Sunday, February 27, 2011
Saturday, February 19, 2011
So... Let me get this right... Uhm, We're fcucked!
... and not in the really cool UK Fashion scene sense... i.e. FCUK:
Quantitative Easing, Inflation & Europe in Trouble
QE3 Pretty Much a Certainty if these hacks say it isn't...
For instance Mishkin of Columbia U, (in the glasses with the smug countenance on the left, below) wrote the infamous 'everything is fine in Iceland' White Paper featuring the word 'stability' in the title & changed it to 'instability' on his CV... after the fact (i.e. the collapse of all three Icelandic banks) - while not disclosing he was paid 124k for the original piece... Ethics in Academia? But more importantly, is he credible?
For instance Mishkin of Columbia U, (in the glasses with the smug countenance on the left, below) wrote the infamous 'everything is fine in Iceland' White Paper featuring the word 'stability' in the title & changed it to 'instability' on his CV... after the fact (i.e. the collapse of all three Icelandic banks) - while not disclosing he was paid 124k for the original piece... Ethics in Academia? But more importantly, is he credible?
House of Junk
Junk Mortgages under the Microscope
A close-up of one deal shows how subprime mortgages went bad, says Fortune's Allan Sloan.
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