IEHI Feed: The Hedge Fund Implode-o-Meter http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-55122 Tue, 30 Sep 2014 16:31:45 GMT Case-Shiller: Market Cooled Further in July (READ: RAPIDLY DECELERATING) http://hf-implode.com/viewnews/2014-09-30_CaseShillerMarketCooledFurtherinJulyREADRAPIDLYDECELERATING.html iehi-feed-55121 Tue, 30 Sep 2014 16:24:42 GMT What the Carmen Segarra Tapes Reveal About 'Spineless' Regulators http://hf-implode.com/viewnews/2014-09-30_WhattheCarmenSegarraTapesRevealAboutSpinelessRegulators.html iehi-feed-55120 Tue, 30 Sep 2014 16:22:48 GMT Murdoch's News Corp. to buy parent of Realtor.com for $950 million (GREAT SYNERGY FOR REAL ESTATE PROPAGANDA!) http://hf-implode.com/viewnews/2014-09-30_MurdochsNewsCorptobuyparentofRealtorcomfor950millionGREATSYNERGY.html iehi-feed-55119 Tue, 30 Sep 2014 12:59:53 GMT Yuan to Start Direct Trading With Euro as China Pushes Usage http://hf-implode.com/viewnews/2014-09-30_YuantoStartDirectTradingWithEuroasChinaPushesUsage.html iehi-feed-55118 Tue, 30 Sep 2014 12:50:54 GMT US senators demand probe into leaked Goldman Sachs tapes http://hf-implode.com/viewnews/2014-09-30_USsenatorsdemandprobeintoleakedGoldmanSachstapes.html iehi-feed-55117 Tue, 30 Sep 2014 12:47:38 GMT Lloyds fires eight over rate manipulation claims http://hf-implode.com/viewnews/2014-09-30_Lloydsfireseightoverratemanipulationclaims.html iehi-feed-55116 Tue, 30 Sep 2014 12:45:43 GMT Chinese Gold Demand Explosive http://hf-implode.com/viewnews/2014-09-30_ChineseGoldDemandExplosive.html iehi-feed-55115 Tue, 30 Sep 2014 12:40:58 GMT Fed ‘repo' tests drive scramble for safety http://hf-implode.com/viewnews/2014-09-30_Fedrepotestsdrivescrambleforsafety.html Investors are scrambling for safe assets ahead of the end of the financial quarter, with the scrum for securities exacerbated by the Federal Reserve's testing of a key financing tool for an eventual tightening of policy.

Yields on short-term Treasury bills, viewed as ultra-safe securities, have dipped below zero as the assets attracted heavy buying in the run-up to the end of the third quarter.

Negative yields on the securities mean that money market funds and other big investors are effectively willing to pay the US government for holding their cash over the end of the financial period.

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iehi-feed-55114 Mon, 29 Sep 2014 21:09:21 GMT Pending Sales of U.S. Existing Homes Fell 1% in August http://hf-implode.com/viewnews/2014-09-29_PendingSalesofUSExistingHomesFell1inAugust.html iehi-feed-55113 Mon, 29 Sep 2014 21:06:53 GMT Flagstar fined $37.5 mil for mortgage-processing failures http://hf-implode.com/viewnews/2014-09-29_Flagstarfined375milformortgageprocessingfailures.html iehi-feed-55112 Mon, 29 Sep 2014 21:03:08 GMT Argentina found to be in contempt of court by US judge http://hf-implode.com/viewnews/2014-09-29_ArgentinafoundtobeincontemptofcourtbyUSjudge.html iehi-feed-55110 Mon, 29 Sep 2014 20:44:12 GMT The Goldman Tapes And Why The Delusion Of Macro-Prudential Regulation Means The Next Crash Is Nigh | David Stockman http://hf-implode.com/viewnews/2014-09-29_TheGoldmanTapesAndWhyTheDelusionOfMacroPrudentialRegulationMeans.html It should be evident by now that regulatory capture and the inherent capacity of the marketplace to evade bureaucratic rules, edicts and embedded supervisors mean that "macro-pru" is a crock--an excuse to prolong a dangerous monetary experiment that is inexorably fueling a giant financial bubble and the crash which must inevitably follow.

...

In short, even assuming that the obsequious culture of accommodation at the New York Fed so evident in the Goldman tapes could be uprooted, macro-pru is inherently impotent because of information asymmetry... Without honest market prices in the trading pits and at loan desks and underwriting syndicates, financial booms and busts are inevitable, and the state's regulators and supervisors are hopelessly at sea because they cannot hope to gather and process enough information to stymie the army of speculators chasing false prices with cheap credit.

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iehi-feed-55109 Mon, 29 Sep 2014 18:32:22 GMT BofA to Pay $7.7 Million SEC Fine for Overstating Capital in Merrill Acq. http://hf-implode.com/viewnews/2014-09-29_BofAtoPay77MillionSECFineforOverstatingCapitalinMerrillAcq.html iehi-feed-55108 Mon, 29 Sep 2014 18:31:35 GMT Bill Gross exit could cost Pimco $400 billion http://hf-implode.com/viewnews/2014-09-29_BillGrossexitcouldcostPimco400billion.html iehi-feed-55103 Sat, 27 Sep 2014 14:18:28 GMT Peak Debt---Why The Keynesian Money Printers Are Done | David Stockman http://hf-implode.com/viewnews/2014-09-27_PeakDebtWhyTheKeynesianMoneyPrintersAreDoneDavidStockman.html iehi-feed-55102 Sat, 27 Sep 2014 14:11:11 GMT Death Of 'Safe Haven' Gold Greatly Exaggerated http://hf-implode.com/viewnews/2014-09-27_DeathOfSafeHavenGoldGreatlyExaggerated.html iehi-feed-55097 Sat, 27 Sep 2014 14:03:04 GMT Six banks in UK talks over forex manipulation fines http://hf-implode.com/viewnews/2014-09-27_SixbanksinUKtalksoverforexmanipulationfines.html Six banks have entered settlement discussions with the UK's main markets regulator over the alleged manipulation of foreign exchange in what could amount to record fines. Each of the banks -- Barclays, Citigroup, HSBC, JPMorgan Chase, Royal Bank of Scotland, and UBS -- are facing fines in the hundreds of millions of pounds from the Financial Conduct Authority, according to people familiar with the situation.

The settlement talks, which typically last eight weeks, are only with the FCA and do not include the United States or any other domestic regulator

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iehi-feed-55096 Sat, 27 Sep 2014 14:00:15 GMT Inside the New York Fed: Secret Recordings and a Culture Clash http://hf-implode.com/viewnews/2014-09-27_InsidetheNewYorkFedSecretRecordingsandaCultureClash.html iehi-feed-55095 Sat, 27 Sep 2014 13:56:47 GMT Doug Noland: What We Know http://hf-implode.com/viewnews/2014-09-27_DougNolandWhatWeKnow.html iehi-feed-55093 Fri, 26 Sep 2014 18:03:15 GMT Here's What Wall Street Money Managers Are Saying About Bill Gross' Shocking Departure From PIMCO http://hf-implode.com/viewnews/2014-09-26_HeresWhatWallStreetMoneyManagersAreSayingAboutBillGrossShockingD.html