Zero Hedge "Best of"

Voici le "Best of" de Zero Hedge, par Zero Hedge.
Avec le post présenté comme le meilleur selon Tyler Durden himself:
"How The Federal Reserve Bailed Out The World"

Et une sélection des posts de la période des fêtes.
Avec le choix du blogo: Brace For Impact: In 2010, Demand For US Fixed Income Has To Increase Elevenfold... Or Else

Le Wapo déclare que la crise financière est finie

A la fin de cet article qui explique pourquoi la dernière décennie est la pire que l'économie américaine ait connue depuis 70 ans, le Washington Post déclare la crise financière terminée. Olé!

The financial crisis is, for all practical purposes, over, and forecasters are now generally expecting the job market to turn around early in 2010 and begin creating jobs. The task ahead for the next generation of economists is to figure out how, in a decade that began with such economic promise, things went so wrong.

Sans surprise...

D'après Emma Coleman Jordan de Georgetown University, 92% du management des 17 récipiendaires des largesses du TARP sont restés en place. (via TBP)

Jordan notes that the folks who run the major banks today — the senior executives, directors, managers, etc. — are essentially the same exact folks who ran them (into the ground) 5 and 10 years ago:

“The prospects for a robust prudently guided financial sector have been substantially clouded by the fact that the both the corporate governance structure and the executive leadership of the financial sector remain largely unchanged—92% of the management and directors of the top 17 recipients of TARP funds are still in office.”

You read that correctly — 92% of the TARP recipients’ senior management remains essentially unchanged post-crisis . . .