Hitler Reacts to ForeclosureGate

Hitler is not happy about another aspect of the housing scam being exposed.

Bravo to whoever put this together. I hope the studio doesn’t take this one down.

Via Zero Hedge. BTW — If you haven’t been reading ZH lately, I suggest you catch up. They’ve been breaking big stuff on an almost daily basis. And here’s some context, if you’ve never seen one of these Hitler-rant satire things before.

Bernanke as Bubble Boy

Via Jesse’s Cafe. I read Jesse religiously. He is extremely smart, a great writer, and a hell of an investor from what I’ve seen. He nailed this gold rally the whole way, check the archives.

Looking forward to Buttonwood 2010

Next month I’ll be attending the Buttonwood Gathering in NYC. The Economist-sponsored event was very good last year, which was the 1st inaugural.

Last year the conference theme was “fixing finance”, and featured a nice mix of polarizing speakers such as Larry Summers, Elizabeth Warren, and Tim Geithner. Unfortunately Mrs. Warren won’t be there this year, but neither will Messrs Summers or Geithner. Bob Rubin will be there, however — and that should be interesting.

Speakers I look forward to seeing this year: Nassim Taleb, Arianna Huffington, Stephen Roach, Mohamed El-Erian, Jim Chanos, and Joseph Stiglitz. Official list of speakers here.

Here’s one of the more interesting panels from last year. It’s a debate on whether financial innovation is a net positive for the economy. Jeremy Grantham destroys the competition (skip to almost 1/3rd of the way thru to see Grantham’s part).

Financial sector profits back to 30% of ALL corporate profits

Absurdity. Via doctorhousingbubble.

financial sector profits

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