by Dave Johnson | Apr 9, 2010 | Blog
There are rumors that China will let its currency start to rise a tiny bit. China's currency undervalued by up to 40%, which means goods made there have as much as a 40% advantage coming out of the gate, even before their other rulebreaking trade schemes kick in....
by Roger Hickey | Apr 9, 2010 | Blog
This weekend, CNN is giving four hours of free airtime to the leading propagandist fanning the flames of deficit hysteria, Pete Peterson, along with his lackeys. Bloggers and online activists are joining today to promote this action: Click here to demand CNN stop...
by Zach Carter | Apr 9, 2010 | Blog
2:00 FCIC Commissioners today have been much more aggressive than they've been in any hearing thus far. Watching Bill Thomas go after Fannie Mae exec Robert Levin on lobbying was really satisfying. But where was this tenacity yesterday, or in February? The way Thomas...
by Zach Carter | Apr 9, 2010 | Blog
The Financial Crisis Inquiry Commission hearings continue to be a broad, boring failure, peppered with a few moments of significant insight. Throughout most of yesterday's hearing featuring the nation's top bank regulator, Comptroller of the Currency John Dugan,...
by Zach Carter | Apr 8, 2010 | Blog
A grotesque deception from Dugan's opening statement: "The rapid increase in market share by these unregulated brokers and originators put pressure on regulated banks to lower their underwriting standards, which they did, though not to the same extent as was true for...
