November 2009
14 posts
Frontline Story - The Card Game
It was difficult to watch the story about the credit card industry’s (mal)practices. Special interest lobbyists and unscrupulous businessmen come onto the air to defend their predatory and deceptive practices, their 490% APR usurious payday loans, their $35 overdraft fees for a $2 cup of coffee.
One lobbyist for the financial services roundtable (representing the largest banks), Scott...
Soc Gen's Worst Case Debt Scenario via Zerohedge
SocGen - Worst Case Debt Scenario
Coxe's The Power of Zero
Saving this to read later… h/t Zerohedge
BMO CM Basic Points Nov 2009
Hugh Hendry's Eclectica Asset Mgt letter via...
Yup - I’m firmly in the deflation camp. I like his CDS trade on overlevered Japanese utilities….
TEF Commentary November 2009
Soc Gen's Albert Edwards on The End is Nigh via...
The Economist 1 Oct 09 - The End is Nigh (Again)
Stimulus goes to fund Chinese wind turbine... →
More Nouriel Roubini via Zerohedge →
RBS Chief Economist - "Get Defensive Re Risk" via... →
Dylan Ratigan on "Why Keep Geithner?" →