Economic Insanity Update
15 December 2010


BofA gets more time for talks over soured loans (Yahoo Finance)

New General Strike Paralyzes Greece As 100,000 Protesters Take To Athens Streets (Zero Hedge)

Very Vocal Hearing On Mortgage Services And Foreclosure Practices In Process (Zero Hedge)

Video Of Greek Riot Violence (Zero Hedge)

Retail Investors Celebrate 32 Consecutive Weeks Of Equity Outflows By Pulling Money Out Of Taxable Bond Funds As Well (Zero Hedge)

Nic Lenoir On Why The Euro Is About To Crash And Burn, And Why His Concern For The "New Normal" Is Not Slow Growth But Civil War (Zero Hedge)

Obama's Novel Spin On M.A.D. - "Assured Self-Destruction"; President Tells Congress Not Passing Tax Deal Would End His Presidency (Zero Hedge)

Contrary To Rumors, New York Comptroller Sees An Increase In Banker Bonuses In 2011, As Rick's Cabaret Prepares To Add Locations (Zero Hedge)

Guest Post: What The Silver Vigilantes Understand That You Probably Don't (Arithmetic, Human Nature and other Stuff) (Zero Hedge)

Foreclosure Activity Plunges By Record Amount In November As Fraudclosure Forces Banks To Halt Evictions (Zero Hedge)

Munis Are The First Official Burning Theater: "There Is An Avalanche Of Bid-Wanteds" As Nobody Can "Accomodate This Much Sell-Side Pressure" (Zero Hedge)

Head of Bank of England Said In March 2008 That We Have a SOLVENCY - Not a Liquidity - Crisis (Zero Hedge)

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