Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-53723 Wed, 16 Apr 2014 18:22:16 GMT Why Crony Capitalist Brats Make Me ILL - David Stockman During 2012 Levin's 14-person team of speculators apparently made a $2.0 billion profit on a short-term bet on about $7.5 billion of busted loans and bonds-- mainly the smoking remnants of sub-prime CDOs and private labor MBS. As head of the trading group, Leven's share was apparently the aforesaid $119 million, and this swell outcome was truly a gigs-to-riches story.

... in an honest two-way market, no one in their right mind would bet $7.5 billion on financial drek using high leverage and minimal hedges. And no 30-year old would be given leave to close his eyes and bet the ranch, as apparently Levin did, based on merely the "housing recovery" word clouds being emitted by the monetary politburo and its echo-boxes in the financial press.''

iehi-feed-53722 Wed, 16 Apr 2014 18:19:17 GMT Yellen: Fed's Rate Policy Hinges on 3 'Big Questions' iehi-feed-53721 Wed, 16 Apr 2014 18:16:46 GMT Haunted by soured mortgages, Bank of America loses $276 million iehi-feed-53720 Wed, 16 Apr 2014 18:12:42 GMT What the Heck is Going on With US Treasuries In Belgium? iehi-feed-53719 Wed, 16 Apr 2014 18:09:16 GMT The Best SEC [Retirement] Speech Ever iehi-feed-53717 Tue, 15 Apr 2014 17:44:54 GMT Tom Deutsch of the ASF on Eminent Domain & Loan Modifications -- A Mandelman Matters Podcast iehi-feed-53716 Tue, 15 Apr 2014 16:53:34 GMT "What's the Frequency Zenith?" - Grant Williams iehi-feed-53711 Tue, 15 Apr 2014 16:20:02 GMT Lending Drops to 17-Year Low as Rates Curb Borrowing: Mortgages iehi-feed-53707 Tue, 15 Apr 2014 14:25:50 GMT CME Group Named in High-Frequency Trading Suit iehi-feed-53701 Sun, 13 Apr 2014 17:42:01 GMT Forex Scandal Hits Singapore Central bank iehi-feed-53698 Sun, 13 Apr 2014 17:36:11 GMT SEC eyes test that may lead to shift away from 'dark pools' iehi-feed-53696 Sun, 13 Apr 2014 14:55:14 GMT CDS: The ultimate in foolish leverage iehi-feed-53695 Sun, 13 Apr 2014 14:49:18 GMT All Hail The Draghi Put: The Global Bond Market Is Now Well And Truly Broken | David Stockman iehi-feed-53694 Fri, 11 Apr 2014 21:50:16 GMT Faber: "2014 Crash Will Be Worse Than 1987" iehi-feed-53693 Fri, 11 Apr 2014 21:48:21 GMT JPM's Blythe Masters Under Investigation By Federal Prosecutors iehi-feed-53692 Fri, 11 Apr 2014 21:43:30 GMT Bank of China Sydney branch issues 2 bln yuan bonds iehi-feed-53690 Fri, 11 Apr 2014 21:40:29 GMT Draghi Seen Easing Policy by June as ECB Readies Rate Cut iehi-feed-53688 Fri, 11 Apr 2014 01:06:32 GMT Vietnam Sentences Corrupt Bankers To Death By Firing Squad ``American bankers who brought on the 2008 global financial collapse, by and large, didn't get indicted, or face any significant consequences for their actions. In fact, many of them even got huge bonuses.

That wouldn't have been the case in Vietnam, another nation struggling with corrupt and unscrupulous bankers.

During a recent cleanup of Vietnam's financial sector, the strictly authoritarian nation sentenced three bankers to death by firing squad in the past six months alone.''

iehi-feed-53687 Thu, 10 Apr 2014 22:23:53 GMT Jay Taylor - "Petrogold", "Shocking" Gold Bull Market to Come iehi-feed-53684 Thu, 10 Apr 2014 21:40:07 GMT Conflict with Russia Raises Buried Questions of German Identity