Archive

Archive for December 29, 2009

Linkfest (December 29, 2009)

December 29, 2009 Leave a comment

In other news..

Next Decade Will Be Good One for Stock Investors: Matthew Lynn Some connected guys (and gals like abby cohen- of GS)are paid big bucks to lie.

Thousands to be saved from losing homes by closure of legal loophole I thought you required a court order to foreclose and seize a home, on the other hand UK is a quaint country.

Housing Recovery Fails to Bolster Broker Commissions First of all, there is no sustained recovery in home prices.. never mind.

Calpers Restricts Contacts Between Board and Money Managers Calpers has demonstrated a level of incompetence that would shame a drunken chimp.

The decision follows disclosure by the pension fund that former board member Alfred Villalobos earned more than $50 million in a five-year period acting as a middleman between firms seeking stewardship of some of Calpers $200 billion in assets and the fund’s board and staff.


CalPERS expected to report losing nearly one-quarter of investment portfolio

The estimated $56.8-billion drop at the U.S.’ largest pension fund, the second annual loss in a row, would have a huge effect on what state and local governments must shell out to support retirees.

Goldman Sachs Takes Biggest Share of $923 Million U.S. IPO Fees GS can do what it wants, as it “owns” the Fed and your elected legislators. You have a problem with that?

Fannie, Freddie, Heading to Zero Guess who is paying for their unlimited creditline? You!

Fannie, Freddie exec pay suggests stock worth nothing

Fannie Chief Executive Michael Williams and Freddie CEO Charles Haldeman got $6 million annual compensation packages, according to regulatory filings last week.

Higher-End Homes Still Declining Turns out the ‘rich’ are not rich.. but don’t expect that to dampen their contempt of “poorer” people.

Despite Subsidy, Cobra’s Bite Still Stings for Many No socialism for you.

Categories: Economy, Linkfest, MSM Idiocy