Bloomberg News editor-in-chief Matt Winkler wrote an Op-Ed in the Wall Street Journal yesterday explaining why he is after the Federal Reserve to come clean about it’s secret lending program during the height of the financial crisis.
Bloomberg has filed a lawsuit against the Federal Reserve to force the Fed to reveal the name of the [...]

The following post appeared on Wednesday at Rick Bookstaber’s new blog. Bookstaber is a market veteran who has long and storied history of achievement. He worked at Bridgewater Associates, ran the Quantitative Equity Fund at FrontPoint Partners and was in charge of risk management at Moore Capital Management amongst other things.
Of particular relevance here, Bookstaber [...]

Marshall Auerback here. I have been posting at an interesting new site called New Deal 2.0. You may have seen Edward linking out to articles on the site.
Edward saw an article I wrote there recently and asked me to post it here as well to highlight a recurrent theme at Credit Writedowns – namely that [...]

I just finished reading a Financial Times article about the likely coordinated global policy solutions to emerge from the upcoming G-20 meeting in Pittsburgh.  It does not sound like there is a huge amount of consensus. Indeed, it sounds like there is a lot of finger pointing regarding what the true causes of the financial [...]

Bair spoke to CNBC’s Maria Bartiromo about the Fed as a single regulator, her agency’s available capital, premiums for deposit insurance, FDIC seizures, private equity buyers and much more. The video is below and runs just under 11 minutes.

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Say I’m a politician and I am concerned about my re-election prospects in 2010.  I have been a member of Congress for seven years now and have developed a good reputation as a reform-minded economic realist willing to listen to a number of competing economic ideas. However, right now I am a bit concerned [...]

Ron Paul was on CNN this morning talking about unemployment, the credit crisis, the Federal Reserve and a lot more.

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In 2002, the global economy was weak and equity markets around the world were at multi-year lows following the greatest equity bubble and bust in world history. Many policy makers including Alan Greenspan, chairman of the U.S. Federal Reserve, feared a deflationary spiral of Great Depression proportions resulting from the stock market collapse.
To prevent such [...]

According to an account published in the Daily Telegraph by Ambrose Evans-Pritchard, the Chinese government is quite anxious about money printing in the United States and the effect this printing could have on China’s dollar denominated reserve assets.
For months now, the Chinese have signalled growing unease with U.S. monetary policy. And now comes the clearest [...]

I have no opinion about this plan as I only know what you see in the video.  But, here it is – worthy of debate.

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