Credit Default Swaps

Fukushima, Private Prisons, and Paul Ryan's budget: What do these things have in common? Besides being part of a media blackout, and possibly three of the four horsemen of the apocalypse, they are all topics on this week's Absurdity Today, the Read more...
Hmm. You know, Alex, I think I'll go with Door No. 2: The Fed knew it was buying weak assets and tried to hide it! Now, what do I win? Federal Rese Read more...
Good for Byron Dorgan. He talked to Dylan Ratigan about why these naked credit default swaps are so bad. According to TPM, he's willing to filibuster Read more...
Dylan Ratigan talks about the decision by Tim Geithner to keep details of the AIG bailout secret. More from Reuters--New emails show AIG mulled bank p Read more...
This is pretty interesting, don't you think? It pains me that wacky Darrell Issa is the one who gets to point the finger, but oh well: Jan. 7 (Bloo Read more...

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No More Mister Nice Blog: Things that normal people are opposed to on principle, conservatives are opposed to only when they are happening to the "wro Read more...
Matt Taibbi says we should run Elizabeth Warren for president in 2012, and the more I read about how the since-appointed members of the Obama admini Read more...
Michael Moore joined the set of the Larry King Live for the full hour. Here's part of the first segment where Michael talks about how much richer the Read more...
60 Minutes' Steve Kroft examines the complicated financial instruments known as credit default swaps, and reveals how these little-known derivatives Read more...