Long Term Capital Management

Why Are Our Political Leaders Jumping to Jamie Dimon's Defense?

David Paul | Posted 05.20.2012

Read More: JPMorgan Chase, Bruno Iksil, Long Term Capital Management, William Harrison, President Obama, Ina Drew, Jamie Dimon, Spencer Bachus, Sandy Weill, Politics News
David Paul

It may be that what we are actually watching is a not very subtle food fight between our two political parties for campaign cash. Simply stated, this is not about Dimon's management skills, rather it is about his wallet.

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Marcus Baram

MF Global's Risky Practice Could Lead To Next Crisis

HuffingtonPost.com | Marcus Baram | Posted 12.22.2011

Read More: European Banks, Jon Corzine, Wall Street, Lehman Brothers, Long Term Capital Management, MF Global, Rehypothecation, Financial Crisis, Repo, Commodity Futures Trading Commission, Business News

The swift implosion of MF Global highlights a common practice used by aggressive speculators, one that experts say makes the broader financial system ...

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Even After Record Growth, Hedge Funds Don't Pose Risk, Group Says

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Business News, Sec, Securities and Exchange Commission, Hedge Funds, Long Term Capital Management, Cftc, Economic Crisis, Too Big to Fail, Business News

Even as hedge fund assets grew at a record-breaking pace last quarter, no firm is so big that its failure would pose a threat to the financial system,...

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The Federal Reserve's $3.3 Trillion Insider Loans Follow a History of Corrupt Practices

Robert Auerbach | Posted 05.25.2011

Read More: Dodd-Frank Reform Bill, The Myth of Political Virginity, Henry B. Gonzalez, Ben Bernanke 60 Minutes, Alan Greenspan, Congressman Ron Paul, Donald Kohn, Senator Bernie Sanders, Chairman Ben Bernanke, Long-Term Capital Management, Business News
Robert Auerbach

There must be checks and balances for the Fed's activities. If the CIA can inform Congress, why should the Fed be exempt?

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Bob Rubin Just Wants to Be Cuddled

Iris Mack | Posted 05.25.2011

Read More: Moodys, Long Term Capital Management, Derivatives, Larry Summers, Iris Mack, Hillary Clinton, Harvard Management Company, Treasury Secretary, Energy Derivatives, Bob Rubin Iris Mack, Robert Rubin Iris Mack, Robert Rubin, Underlying-Asset, Business News
Iris Mack

When Bob Rubin and I reached the hotel entrance, the tension returned. He got this funny look on his face, and asked: "Do you want to go upstairs and... cuddle?"

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Alan Greenspan's Financial History for Lobotomy Victims

David Fiderer | Posted 05.25.2011

Read More: Bill Clinton, Phil Gramm, Long Term Capital Management, George W. Bush, Mortgage Crisis, Enron, Fannie Mae, Appraisers, Capitalism, Cold War, Andrew Cuomo, Subprime Mortgages, Freddie Mac, Ayn Rand, Jan Schakowsky, Subprime Mortgage Crisis, Edward Gramlich, Financial Crisis, Imf, Mortgage-Backed Securities, Alan Greenspan, Brookings Institution, Savings and Loan Scandal, Greenspan, Greenspan-Report, Greenspan Economy, Business News
David Fiderer

Rejecting the capitalist values of choice and personal accountability, Greenspan filters history through an intellectual construct where no one -- most notably Alan Greenspan -- ever takes the blame.

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Shahien Nasiripour

Wall Street Vet Involved In 1998 Long-Term Capital Management Bailout Says Nothing Has Changed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Wall Street Bailout, Long Term Capital Management, Weeden & Co, Welling@Weeden, Financial Crisis, Federal Reserve, Credit Crisis, Federal Reserve Bank of New York, Too Big to Fail, Volcker Rule, James Rickards, Glass-Steagall, Video, Business News

Ten years before this latest crisis, the U.S. government engineered the bailout of a financial firm that had borrowed billions of dollars to make big ...

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Paul Krugman: Washington's Gentle Treatment Of Wall Street Crippled Likelihood Of Economic Recovery

PAUL KRUGMAN | Posted 05.25.2011

Read More: Bailout, Long Term Capital Management, Aig, Financial Crisis, Banking Crisis, Timothy Geithner, Paul Krugman, Bear Stearns, Fiscal Policy, Business News

Earlier this week, the inspector general for the Troubled Asset Relief Program, a k a, the bank bailout fund, released his report on the 2008 rescue o...

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To "Americans for Prosperity" Capitalism Is a Love Story

Joseph A. Palermo | Posted 05.25.2011

Read More: Tim Phillips, C-Span, David Koch, President Obama, It's a Wonderful Life, Ann Coulter, Enron, Frank Capra, Koch Industries, Newt Gingrich, Capitalism, Tsa, Savings and Loan Scandal, The 2016 Olympic Games, Henry Clay Frick, Cnbc, Tyco, Free Market Fundamentalism, Americans for Prosperity, Laura Ingraham, Worldcom, Afp, Larry Kudlow, Supply-Side Economics, Knights of Labor, National Defending the American Dream Summit, Megan McCain, Long-Term Capital Management, John Birch Society, Pinkertons, Politics News
Joseph A. Palermo

The only distinguishing feature of the Americans for Prosperity Foundation's "National Defending the American Dream Summit" was its astonishing homogeneity both in thought and in demography.

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Manager Of Infamous Long-Term Capital Management Starting New Hedge Fund

ft.com | Posted 05.25.2011

Read More: Hedge Funds, Long Term Capital Management, Hedge Fund Managers, Financial Crisis, John Meriwether, JWM Partners, Business News

John Meriwether, the hedge fund manager and arbitrageur behind Long-Term Capital Management, is in the process of setting up a new hedge fund -- his t...

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Wall St.'s Robot Traders

minyanville.com | Ryan Goldberg | Posted 05.25.2011

Read More: Electronic-Trading, Citgroup, Goldman Sachs, Wall Street, Bank of America, Long Term Capital Management, Business News

Dramatic market moves have become commonplace, and those looking for a fundamental explanation are missing a significant structural change: The majori...

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The Mines are Full of Canaries

Margaret Heffernan | Posted 05.25.2011

Read More: Muriel Siebert, Wall Street Crisis, Economy, Options, Derivatives, Swaps, Enron, Greenspan, Washington Post, The Lessons of Enron, Subcommittee on Telecommunications and Finance, Senate Subcomittee on Investigations, Bailout, Levitt, Brooksley E. Born, Market Crisis, Rubin, Long Term Capital Management, Futures, Business News
Margaret Heffernan

We need a new guard, who know the system but didn't build it. Don't let anyone tell you they're not out there. They've been there for years.

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U.S. Subprime Crisis Costs World $7.7 Trillion Dollars

AFP | Posted 05.25.2011

Read More: Mortgage Meltdown, Wall Street, Credit Crunch, Long Term Capital Management, Stock Market, Brazilian Real Currency Crisis, Real-Estate Market, Business News

The meltdown in the US subprime real-estate market has led to a global loss of 7.7 trillion dollars in stock-market value since October, a report by B...

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