Goldman to Fidelity Call for Calm After Global Stock Wipeout

Weiyi Lim and Inyoung Hwang Bloomberg 2/4/2014

…Strategists from Goldman Sachs Group Inc. to AMP Capital Investors and JPMorgan Chase & Co. are also telling clients to hang on after losses that began with currencies in Turkey and Argentina spread to developed markets. The Standard & Poor’s 500 Index slid 2.3 percent yesterday, capping its […]

Justin Amash: Claims made in Ellis’s ‘bizarre smear campaign’ unfounded

Rep. Justin Amash MLive.com 11/26/2013

Like many in our community, I’ve been left scratching my head at the bizarre smear campaign that was launched against me a few weeks ago—nearly a year before the Republican primary.

One day, my opponent says I’m too conservative because I stood firmly against Obamacare and voted against an earmark. […]

Housing nominee Mel Watt helped create the subprime crisis

Charles C. Johnson The Daily Caller 5/5/2013

Mel Watt, President Obama’s nominee for director of the Federal Housing Finance Agency, pushed government programs to help welfare recipients buy homes during the creation of the subprime mortgage bubble.

Watt, a 20-year Member of Congress from North Carolina’s 12th district, also had a hand in programs allowing […]

Stockman Warns of Crash of Fed-Fueled Bubble Economy

Richard Rubin Bloomberg 4/1/2013

The U.S. economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director for President Ronald Reagan.

In an essay published yesterday in the New York Times (NYT), Stockman wrote that the Fed’s quantitative easing […]

Freddie Mac Sues More Than A Dozen Banks Over Libor Losses

Reuters via The Huffington Post 3/19/2013

Mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.

Bank of America Corp, JPMorgan Chase & Co, UBS AG and Credit Suisse Group AG are among the banks named as defendants in […]