News & Commentary

Part 1 – YouTube Interview playlist (Parts 1-13)

Secret Deals, Foreclosure Settlements,Stress Tests, and Vampire Squid Whistle-Blowers By L. Randall Wray No Hollywood scriptwriter could plot a more implausible story. Here is the

Complaint:     National Foreclosure Settlement Complaint (PDF)     Individual Bank Agreements:     Ally/GMAC Settlement (PDF) Bank of America Settlement (PDF) Citi Settlement

[CAF Note: Goldman’s head of derivatives for Europe just happens to resign in the middle of the Greek CDS debacle and writes a big NY

By Joe Weisenthal Sectoral Excess returns [click on the image for a larger version Continue reading the article . . .

By Jeff Horwitz JPMorgan Chase & Co. took procedural shortcuts and used faulty account records in suing tens of thousands of delinquent credit card borrowers

Lesley Stahl profiles British musical savant Derek Paravicini, whose computer-like memory for music is matched by his creative abilities to play it in any style.

By Nina Mehta New York — Robert Rubin, who as U.S. Treasury secretary in the 1990s promoted a stronger dollar, said he has too much

Apple Inc. (AAPL) stock for last 5 years [click on the image for a larger version] [CAF Note: Beware a digital currency in a closed