Implode-Explode Heavy Industries news feed http://implode-explode.com/ 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 http://implode-explode.com/viewnews/2014-04-16_WhyCronyCapitalistBratsMakeMeILLDavidStockman.html 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' http://implode-explode.com/viewnews/2014-04-16_YellenFedsRatePolicyHingeson3BigQuestions.html iehi-feed-53721 Wed, 16 Apr 2014 18:16:46 GMT Haunted by soured mortgages, Bank of America loses $276 million http://implode-explode.com/viewnews/2014-04-16_HauntedbysouredmortgagesBankofAmericaloses276million.html iehi-feed-53720 Wed, 16 Apr 2014 18:12:42 GMT What the Heck is Going on With US Treasuries In Belgium? http://implode-explode.com/viewnews/2014-04-16_WhattheHeckisGoingonWithUSTreasuriesInBelgium.html iehi-feed-53719 Wed, 16 Apr 2014 18:09:16 GMT The Best SEC [Retirement] Speech Ever http://implode-explode.com/viewnews/2014-04-16_TheBestSECRetirementSpeechEver.html iehi-feed-53718 Wed, 16 Apr 2014 17:57:21 GMT William Pfaff: Next Step in Ukraine Crisis Is Unknown http://implode-explode.com/viewnews/2014-04-16_WilliamPfaffNextStepinUkraineCrisisIsUnknown.html 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 http://implode-explode.com/viewnews/2014-04-15_TomDeutschoftheASFonEminentDomainLoanModificationsAMandelmanMatt.html iehi-feed-53716 Tue, 15 Apr 2014 16:53:34 GMT "What's the Frequency Zenith?" - Grant Williams http://implode-explode.com/viewnews/2014-04-15_WhatstheFrequencyZenithGrantWilliams.html iehi-feed-53714 Tue, 15 Apr 2014 16:32:08 GMT Banking union dominates final EP session This WEEK http://implode-explode.com/viewnews/2014-04-15_BankinguniondominatesfinalEPsessionThisWEEK.html iehi-feed-53713 Tue, 15 Apr 2014 16:30:05 GMT Europe's top banks cut 80,000 more staff in post-crisis overhaul http://implode-explode.com/viewnews/2014-04-15_Europestopbankscut80000morestaffinpostcrisisoverhaul.html iehi-feed-53712 Tue, 15 Apr 2014 16:21:02 GMT Tensions over money flows bode poorly for global economy http://implode-explode.com/viewnews/2014-04-15_Tensionsovermoneyflowsbodepoorlyforglobaleconomy.html iehi-feed-53711 Tue, 15 Apr 2014 16:20:02 GMT Lending Drops to 17-Year Low as Rates Curb Borrowing: Mortgages http://implode-explode.com/viewnews/2014-04-15_LendingDropsto17YearLowasRatesCurbBorrowingMortgages.html iehi-feed-53710 Tue, 15 Apr 2014 14:43:29 GMT Blowback: Protesters In Kiev Demand Resignation Of Ukraine President http://implode-explode.com/viewnews/2014-04-15_BlowbackProtestersInKievDemandResignationOfUkrainePresident.html iehi-feed-53709 Tue, 15 Apr 2014 14:27:52 GMT Consumer Prices Rise as Americans Pay More for Food, Rents http://implode-explode.com/viewnews/2014-04-15_ConsumerPricesRiseasAmericansPayMoreforFoodRents.html iehi-feed-53707 Tue, 15 Apr 2014 14:25:50 GMT CME Group Named in High-Frequency Trading Suit http://implode-explode.com/viewnews/2014-04-15_CMEGroupNamedinHighFrequencyTradingSuit.html iehi-feed-53706 Mon, 14 Apr 2014 14:20:29 GMT BLM Selling Out America (for Benefit of Foreign Creditors) - Fabian Calvo http://implode-explode.com/viewnews/2014-04-14_BLMSellingOutAmericaforBenefitofForeignCreditorsFabianCalvo.html iehi-feed-53705 Mon, 14 Apr 2014 14:08:52 GMT Gold and bail-ins - Alasdair MacLeod http://implode-explode.com/viewnews/2014-04-14_GoldandbailinsAlasdairMacLeod.html iehi-feed-53703 Mon, 14 Apr 2014 14:04:26 GMT Gold rush threatens West Africa's cocoa future http://implode-explode.com/viewnews/2014-04-14_GoldrushthreatensWestAfricascocoafuture.html iehi-feed-53701 Sun, 13 Apr 2014 17:42:01 GMT Forex Scandal Hits Singapore Central bank http://implode-explode.com/viewnews/2014-04-13_ForexScandalHitsSingaporeCentralbank.html iehi-feed-53700 Sun, 13 Apr 2014 17:40:58 GMT Europe Folds As Putin Tells It To Pay Ukraine's Gazprom Bill, Or Else http://implode-explode.com/viewnews/2014-04-13_EuropeFoldsAsPutinTellsItToPayUkrainesGazpromBillOrElse.html