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By Alan Zibel

Fannie Mae has again asked taxpayers for more money — this time $8.4 billion — after reporting another steep loss for the first quarter. The taxpayer bill for rescuing Fannie and it…

Chart of the Day: No Green Shoots at All for the Long-Term Unemployed

We saw this coming long ago. Some wonderful people warned us and offered alternatives. Here is the proof.

Related Viewing:

Si…

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Last weekend at the Berkshire Hathaway annual meeting, Goldman Sachs preferred stock investor Warren Buffet made a big deal about supporting Goldman Chairman and CEO Lloyd Blankfein under fire (…

Former CEO of the Icelandic bank Kaupthing, Hreidar Már Sigurdsson, was given a 12-day custody sentence in Reykjavík District Court today at the request of the Special Prosecutor’s Office. Magn�…

By Louise Story and Eric Dash

As its legal troubles mount, Goldman Sachs is losing a big corporate client: the American International Group.

A.I.G., the insurance giant that planned to retain Gold…

By Susan Pulliam and Susanne Craig

Sides Remain Far Apart as Criminal Probe, Deal Structure Pose Hurdles; Shareholder Meeting Today

Goldman Sachs Group Inc. (NYSE: GS – News) lawyers met this week…

Inequality is worst around Wall Street and Oil Land

Continue reading 15 Mind-Blowing Facts About Wealth And Inequality In America

Today’s chart presents the median single-family home price divided by the price of one ounce of gold. This results in the home / gold ratio or the cost of the median single-family home in ounces of go…

“Heard of the lone assassin? Or the lone trader? Or the lone computer “glitch.” Get ready for the lone typo.”
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~Catherine Austin Fitts

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Continue reading Did CNBC’s Jim Cramer Help Save the Market…

The American public is becoming fed up with “sneak” provisions tacked onto largely unrelated bills that are likely to pass. A glaring recent example was tacking onto the Healthcare bill a comple…

Switzerland will host a forum of bankers and policymakers next month to discuss strengthening the global monetary system after the financial crisis, the Swiss central bank said on Tuesday.

The Swis…

The Wall Street Journal speculated today on the possibility that Blankfein will not make it as Chairman and CEO of Goldman Sachs. See “What-Ifs for Goldman Sachs: Behind Stiff Upper Lip, Some Execut…

During recent Congressional testimony, the CEO of Goldman Sachs was asked about how the current charges against Goldman had altered their internal risk management. In essence, how could the situation …

In 2008, I posted on the blog a description I wrote in 2002 of the Solari model that I developed in 1997, after years and billions of dollars of prototyping described in the story, “Dillon Read & …

The study of 1,300 children by Michigan and Montreal universities found negative effects on older children rose with every hour of toddler TV.

Performance at school was worse, while consumption of ju…

Some wonderful friends of mine are selling their estate in New Zealand, north of Auckland. If you are looking to get away from it all, this one may be for you!

Escape Back to New Zealand

I voted today in the Democratic Primary for local offices in Hardeman County, Tennessee. (No, I am not a registered Democrat. Don’t need to be to vote in the primary here.)

This was an interesting …

Solari has produced a new free podcast—The Solari Report Digest #11.

Listen to Solari Report Digest #11

The Solari Report Digest is a podcast featuring highlights from the live one-hour Sola…

By David Glovin and Bob Van Voris

May 4 (Bloomberg) — The Federal Reserve Board asked an appeals court to reconsider a ruling requiring the agency to disclose documents identifying financial firms …

From the Preface:

“This article was inspired by a conversation in January 2010 with fellow directors of the Gold Anti-Trust Action Committee: Chairman Bill Murphy, Secretary/Treasurer Chris Powell, …

One of my favorite money laundering stories is told by Christopher Simpson, in his marvelous book Blowback, regarding one of the first Exchange Stabilization Fund slush fund operations after WWII. The…

By Zachary A. Goldfarb and Jerry Markon

The Justice Department’s criminal investigation into Goldman Sachs goes beyond the financial transactions targeted by the Securities and Exchange Commission in…

By Nick Timiraos

The U.S. government’s massive share of the nation’s mortgage market grew even larger during the first quarter.

Government-related entities backed 96.5% of all home loans during the …

By Times-Picayune Staff

What’s going on beneath the sea? A graphic explanation of the fight to shut off the oil leak.t

Continue reading 2010 Gulf of Mexico Oil Spill

Related reading:

Huge Chambe…

By Peggy Noonan

We are at a remarkable moment. We have an open, 2,000-mile border to our south, and the entity with the power to enforce the law and impose safety and order will not do it. Wall Stre…

By Tyler Durden

After seeing its demands for secrecy rejected soundly twice, once in district court and once in appellate, the Fed is now appealing the “Pittman” decision yet again. As Bloomberg repo…

This is a grave threat to the Non-GMO Tipping Point—We must push back now!

Please send this URGENT message to US Government leaders to protect your right to know which foods are made from genetic…

Dear Catherine:

I have followed your work for many years and appreciate the service that you have performed in presenting the information and analysis. It has been helpful to be able to source you w…

Autism360 is a unique tool which provides an accurate report that captures the details of your child’s or your own individuality and offers treatment options that have worked for others with closely m…

By Margot Roosevelt

Investigators look at the company’s role in cementing the deepwater drill hole in the Gulf of Mexico. Transocean and BP also face questioning.

Investigators delving into the …

By Allen Breed and Seth Borenstein

BP’s chairman defended his company’s safety record and said Sunday that “a failed piece of equipment” was to blame for a massive oil spill along the Gulf Coast, w…

By Dan Bilefsky and Landon Thomas Jr.

Athens — Greece announced on Sunday that it had reached agreement on a long-delayed financial rescue package that would require years of painful belt-tighten…

Continue reading: Stock Comparison – BP & S&P500

By John E. Kramer

Arlington, Va.—It’s called policing for profit and it’s happening all across America.

Police and prosecutors’ offices seize private property—often without ever charging…

Continue reading Now That Really Is A Lovely Bunch Of Coconuts!

From This American Life ~ WBEZ

PROLOGUE.
Ira talks about a friend who for years had a very trusted business partner and bookkeeper, until one day when he ran away with all of her money.

ACT ONE. EA…

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The storms rolled through flooding parts of Tennessee this weekend. I was planning on driving to Nashville to join friends at the Nashville Symphony. Instead, I staye…

On April 15th, Goldman Sachs common equity closed at $184. On April 16th, after the SEC announced that it was bringing a civil complaint against the firm, Goldman stock closed down 13% at $160. That…

By Emily Singer

The select few who have had their genomes sequenced learn to use that information for health care.

Several months after deciphering his genetic code last year, Stanford bioengineer…

By Brian Faler

Since the U.S. recession began in December 2007, Congress has extended the length of unemployment benefits for the jobless three times. Now, the lawmakers may have reached their limi…

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Continue reading The Race to the Bottom

By Jim Harper

The financial regulation the Senate is debating may undo your financial privacy.

If someone asked you what’s wrong with a planned economy, your first answer might not be “privacy.” But…

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YouTube

Continue reading Glenn Beck Radio: Obama, Al Gore, Goldman Sachs And The CCX Trading Scheme

YouTube-Glenn Beck-CCX Part 1

YouTube-Glenn Beck-CCX Part 2

By David Werner with Carol Thuman and Jan Maxwell

This handbook has been written primarily for those who live far from medical centers, in places where there is no doctor. But even where there are d…

Continue reading The Horse Boy Movie – Trailer

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Kathryn Stockett Website

By Richard Teitelbaum

Neil Barofsky was unpacking boxes in December 2008 when the stench of sewage wafted through the hallways at the 168-year-old Main Treasury Building. The space assigned to him …

By Alison Gendar and Bill Hutchinson

Federal prosecutors have launched a criminal investigation of Goldman Sachs to determine if the Wall St. giant committed securities fraud, sources said Thursday…

By Catherine Austin Fitts

It makes sense to pause in the outpouring of news about Goldman Sachs to ponder what has happened and the nature of the game that is afoot.

Goldman is the visible target …

YouTube Video

By J.D. Tuccille

“Was that a threat?”

That’s how U.S. border guards at the Lewiston Bridge border crossing responded to a Canadian shopper when, exasperated by the abusive treatment …

The premium investors seek to hold Greek debt has soared today following a day when Standard and Poor’s downgraded Greek’s credit rating to junk status. The premium for a 10-year Greek note over the G…

By Matthew Berger

The U.S. Supreme Court will hear arguments Tuesday in its first-ever case involving genetically modified crops. The decision in this case may have a significant impact on both the…

By Barbara Hollingsworth

Patent No. 6904336 was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 — the day after Democrats took control of Congress. Former Sen. John Sununu, R-N.H., cr…

In last week’s Solari Report, Catherine interviewed author and  privacy expert, Katherine Albrecht. During the interview, Katherine mentioned a search engine that serves to protect the privacy of int…

April 26, 2010
Michael Boldin is founder and head of the Tenth Amendment Center.

“What is the Tenth Amendment, and why should we care? (“Amendment 10 – Powers of the States and People. The powers…

Nearly 700,000 prescriptions for atypical antipsychotics were dispensed for kids under 13 last year. The changes being proposed for the manual of mental illness—whose sales since 2000 have topped $4…

Lloyd Blankfein, Chairman and CEO of Goldman Sachs, testifies before a Senate subcommittee today on the role his and other investment banks played in triggering the 2008 financial collapse. The hear…

By Louise Story and Gretchen Morgenson

Goldman Sachs, which emerged relatively unscathed from the financial crisis, was accused of securities fraud in a civil suit filed Friday by the Securities and…