Frontrunning: June 6
Global Stocks Tumble as Treasuries Rally, Yen Strengthens (BBG)China Export Gains Seen Halved With Fake-Data Crackdown (BBG) - so a crash in the GDP to follow?FBI and Microsoft take down botnet group...
View ArticleFrontrunning: June 7
Reports on surveillance of Americans fuel debate over privacy, security (Reuters)Apple to Yahoo Deny Providing Direct Access to Spy Agency (Bloomberg)Misfired 2010 email alerted IRS officials in...
View ArticleClik here to view.
Private equity and Wall Street planning their exit from the rental business.
The whispers about private equity exiting the rental market are now out in the open. A few reports are highlighting that some private equity investors are testing the waters for an exit via IPOs. Some...
View ArticleFrontrunning: June 10
In Hong Kong, ex-CIA man may not escape U.S. reach (Reuters)Backlash over US snooping intensifies (FT)Apple to Revamp IPhone Software, Ending Product Funk (BBG)Nothing like revising history: Japan...
View ArticleClik here to view.
From 9/11 To PRISMgate - How The Carlyle Group LBO'd The World's Secrets
The short but profitable tale of how 483,000 private individual have "top secret" access to the nation's most non-public information begins in 2001. "After 9/11, intelligence budgets were increased,...
View ArticleFrontrunning: June 11
Citigroup Facing $7 Billion Currency Hit on Dollar, Peabody Says (BBG)World has 10 years of shale oil, reports US (FT)ECB prepares to defend monetary policy in German court (FT)BOJ Holds Its Ground...
View ArticleClik here to view.
What The Recent Surge In Rates Means For Your Home Purchasing Power
Contrary to what one may have read in the financial tabloids, a houseing market does not recover thanks to Fed-subsidzed REO-to-Rent loans used by the biggest private equity firms to buy up distressed...
View ArticlePeter Schiff And The Untapering "Waiting for Godot" Era
Submitted by Peter Schiff of Euro Pacific Capital,Tapering the Taper Talk As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has been fooled by this move...
View ArticleFact Or Fiction: Financial Sector Thinks It’s About Ready To Ruin World Again
Claiming that enough time had surely passed since they last caused a global economic meltdown, top executives from the U.S. financial sector told reporters Monday that they are just about ready to...
View ArticleClik here to view.
How Booz Allen Hamilton Swallowed Washington
From its origins as a management consulting firm, Booz Allen has quietly grown into a government-wide contracting behemoth, fed by ballooning post-Sept. 11 intelligence budgets and Washington’s...
View ArticleClik here to view.
Guest Post: Europe's Precarious Banks Will Determine The Future
Submitted by Alasdair Macleod via Peak Prosperity blog,Crying Wolf?It is easy to get the impression that the naysayers are wrong on Europe. After all the predictions of Armageddon, ten-year government...
View ArticleClik here to view.
Retail Investor Nightmare: The Bond Fund Rout
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterThe bond selloff didn’t surprise anyone. Investors knew that it would happen, would have to happen. Gurus of all stripes had...
View ArticleFrontrunning: June 28
Fashionable 'Risk Parity' Funds Hit Hard (WSJ)No 1997 Asian Crisis Return as China Trembles (BBG)Greece Faces Collapse of Second Key Privatization (FT)China Bad-Loan Alarm Sounded by Record Bank Spread...
View ArticleFrontrunning: July 9
ICE's NYSE to determine the rate used by key competitor CME: NYSE Euronext to Take Over Libor (WSJ)Japan slams China over maritime disputes (FT)The Twinkie Returns, With Less Baggage (WSJ)Pentagon...
View ArticleChinese Ghost Cities Coming To The Las Vegas Housing Market
Submitted by Mike Krieger of Liberty Blitzkrieg blog,Let’s face it, the Las Vegas real estate market has gone full Chinese. By full Chinese I mean a centrally planned bubble has been created that is...
View Article"A 21st Century Glass-Steagall Act"
We are confident the following amusing bill titled grandiosely enough "A 21st Century Glass-Steagall Act" (the Bill text here) by Elizabeth Warren, John McCain et al, to pretend Congress is not a...
View ArticleFrontrunning: July 12
Summers Said to Show Interest in Fed Chairmanship After Bernanke (BBG)Obama Tells Chinese He’s Disappointed Over Snowden Case (BBG)Texas Threat to Abortion Clinics Dodged at Flea Markets (BBG)A Peek at...
View ArticleClik here to view.
A Glimpse Of Things To Come: KKR Suspends First Data's 401(k), Replaces Cash...
With the untapering due any minute, and cost of debt set to plunge to even lower record levels, one thing is certain: the private equity industry is about to be bathed with even more costless credit...
View ArticleFrontrunning: July 16
India Joins Brazil to China in Efforts to Tighten Liquidity (BBG)Seven dead as police and protesters clash in Egypt (Reuters)U.S. senators fail to cut deal, head for showdown on filibuster...
View ArticleClik here to view.
When the Theatre Clears
By Chris Tell at http://capitalistexploits.at/James Rickards, the author of the book Currency Wars tells a short story along the following lines: you're sitting in a movie theatre and a couple of...
View Article