Economic Insanity Update
16 February 2011


Mortgage Applications Plunge: Composite Down 9.5%, Refinance Index Down 11.4%, Lowest Since July 2009 (Zero Hedge)

Guest Post: How To Fake An Economic Recovery (Zero Hedge)

PPI Ex Food And Energy Jumps 0.5% On Expectations Of 0.2%, Fresh And Dry Vegetable Prices Jump By 13.7% (Zero Hedge)

Per Chris Whalen, Wells Fargo's CFO Quit Due To An Internal Dispute Over Financial Disclosures (Zero Hedge)

China, Tired Of Manipulating Home Price Data, Suspends It (Zero Hedge)

Matt Taibbi's Latest: " Why Isn't Wall Street In Jail?" (Zero Hedge)

How Allstate Used Sampling To Confirm JPMorgan/WaMu Lied About Virtually Everything When Selling Mortgages (Zero Hedge)

Guest Post: The $500 Billion Dollar Bailout That You Never Heard About (Zero Hedge)

Chris Dodd Crackdown: Darrell Issa Issues Subpoena Demanding Intimate Secrets Of All "Friends Of Angelo" (Zero Hedge)





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