“Talk to the wrist because the hand is pissed.” That is what one loan broker wrote to me about the recent Financial Reform Bill’s impact on mortgage lending. The Security Industry and Financial Markets Association published a “comprehensive guide” to the current version of the Financial Reform Bill. To my untrained eye, it appears that, [...]

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  great chart – We’re Not The First Empire To Have A Serious Currency Problem – Gregory White and Kamelia Angelova -  Clusterstock at Business Insider ———— interview highlights – Jeff Gundlach Sees 10Yr Treasury Rallying to 2.5% – [...]

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  4 hosannas: How Barney Frank Forged a Financial Reform Bill – By Jay Newton-Small – … Frank cut through the nearly 3,000 pages in combined legislation with a master’s skill — and a generous dollop of his trademark sarcasm on the [...]

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  Annaly Salvos: Where is the money going? – According to the Federal Reserve, money market fund holdings of households has declined by about $380 billion since the end of 2008. (According to AMG, all money market mutual funds—institutional and retail—have posted net outflows of about $1 [...]

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