Ground Control to Major Tom: New York to Regulate Some Credit Default Swaps

The massive struggle to bring the value of derivatives down to earth is underway. The latest move is by the…

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Vallywood on extended vacation

As many Vallywood readers know I have taken a break from blogging here for the time being but after several…

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Obama/Ayers Update: What’s Wrong with Ben Smith at Politico?

To his credit Ben Smith at Politico.com has been one of the few who senses, correctly, that the MSM is…

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