Sorted Weekly Tweets


Rest of the World


  • Chinese Buy Sydney Homes at Unprecedented Rate, McGrath Says Stylish flight capital does not come cheaply, mate $$ Sep 14, 2013
  • Rajan Hailed as Swings Drop Amid Gundlach Warning Rajan has courage to defend the Rupee & slow the Indian economy $$ Sep 14, 2013
  • Aniston’s Salad Isn’t Enough as Quinoa Farmers Reap Golden Crop Bolivian farmers rejoice growing quinoa makes $$ Sep 14, 2013
  • Catalan Separatists Pull Off Human Chain But Referendum Is Harder Reaching the limits of bad policy, risking wars $$ Sep 12, 2013
  • Norway Pledges to Limit Oil Spending Probably smart, because it is easier 2 overspend an endowment than underspend $$ Sep 12, 2013
  • Shipping Rates Seen at 2010 High on Record Ore to China Means China is likely not rebalancing to consumption yet $$ Sep 10, 2013
  • Youngest Japan Boards Beating Oldest With Stocks Rising 139% Returns were 52% for other firms over the last 3yrs $$ Sep 10, 2013
  • Syrian Christians Pack Passports Fearing Islamist Onslaught More Coptic churches in US, next comes Syrian Orthodox $$ Sep 10, 2013
  • Russia to Brazil Intervention Adds to U.S. Debt Distress The real Q is what they are buyingw/the $$ they sell? Sep 09, 2013
  • Syria Vote May Derail Obama’s Agenda in Congress Argues that Obama has to win the Syria vote 2 avoid looking weak $$ Sep 09, 2013
  • Ancient Golden Treasure Found Near Jerusalem Temple Mount Byzantine coins dating from 4th – 7th centuries $$ menorah Sep 09, 2013
  • India’s Middle Class Hit as Rupee Plunge Pushes Up Prices Another example of how inflation hits the poor hardest $$ Sep 08, 2013
  • Tokyo Defeats Madrid, Istanbul for Rights to 2020 Olympics Tokyo wins the prize to build Olympic white elephants $$ Sep 08, 2013


US Politics & Policy


  • US Faces Long-Term Care Crisis, Report Says Unsolvable unless we rein in costs, redefine what Medicare will cover $$ Sep 14, 2013
  • States Face Decision on Saving Trains Federal subsidies end on short Amtrak routes, will states pick up tab? $$ #bus Sep 14, 2013
  • Walmart Wins in DC “Mayor Gray has chosen jobs, economic development and common sense over special interests” $$ Sep 14, 2013
  • Republicans Holding Next Fed Chairman’s Fate Stay Quiet GOP sits & grins over no-win situation 4 democrats & Obama $$ Sep 14, 2013
  • How Wal-Mart’s Waltons Maintain Their Billionaire Fortune This is y defining income more important than tax rates $$ Sep 12, 2013
  • How to Preserve a Family Fortune Through Tax Tricks Graphic showing how GLATs, CRATs & Family LPs work $$ #lowertaxes Sep 12, 2013
  • Even a Railway Line Can’t Dodge the Keystone XL Controversy Given the delay, new projects replace the need 4 K-XL $$ Sep 12, 2013
  • New York Mayor Race Worries Business De Blasio pursues policies that made Detroit the great city it is now $$ #FTL Sep 12, 2013
  • California city backs plan to seize negative equity mortgages Fail: loss of financing for city & new homeowners $$ Sep 12, 2013
  • GE, IBM Ending Retiree Health Plans in Historic Shift Obamacare leads large corporations 2shed retiree healthcare $$ Sep 12, 2013
  • Fraud Stealing $100M Shows Flaws in US Crop Insurance System relatively easy2cheat.Graphic: $$ Sep 12, 2013
  • NSA Violated Privacy Protections, Officials Say Much as it would unemploy my friends, we need 2 end the NSA $$ Sep 11, 2013
  • Five Revelations From New NSA Documents Government violated its own rules repeatedly, showing no respect 4the law $$ Sep 11, 2013
  • Intel clashes w/Obama’s election-year al Qaeda claims The successes against al Qaeda undone by spread 2 new areas $$ Sep 10, 2013
  • Kerry’s ‘Gaffe’ Beats Military Strikes Hey, getting the chemical weapons out of Syria is @ least a small win, yes? $$ Sep 10, 2013
  • Crop Insurers’ $14 Billion Some See as Money Laundering Difficult 4 crop insurers 2 lose as US Taxpayers foot bill $$ Sep 10, 2013
  • DeVry Lures Medical School Rejects as Taxpayers Fund Debt Long article on how Caribbean med schools compete w/US $$ Sep 10, 2013
  • The Terrorism Risk Insurance Act: Time to End the Corporate Welfare There is no need to subsidize terror insurance $$ Sep 10, 2013
  • Taxpayers Turn US Farmers Into Fat Cats With Subsidies Crop insurance sends all the risk of farming to taxpayers $$ Sep 09, 2013
  • In Conversation With Michael Bloomberg Long somewhat hostile article asking Bloomberg his views, plans, etc. $$ Sep 09, 2013
  • Dear NSA, Thanks for Making Us All Insecure NSA weakens security 4all, harms interests of US Internet Corporations $$ Sep 08, 2013
  • it also lowers global trust in the US, fragments the internet, & encourages nations that censor & monitor the internet by US bad example $$ Sep 08, 2013


Financial Sector Today


  • Why looser lending standards won’t help you Lending standards fall in markets hit by crash & now prices r rising $$ Sep 14, 2013
  • Berkshire, AIG Join Battle Over Lucrative Business $BRK.B roils industry expanding in excess-and-surplus insurance $$ Sep 14, 2013
  • House Talk: When an HOA Forecloses Yes, your homeowners association can foreclose if you don’t pay your dues $$ Sep 08, 2013
  • Upside: Emerging-Market Bond Bargains They look cheap, but Q is how they adjust 2 tighter world monetary policy $$ Sep 08, 2013


Financial Crisis Fifth Anniversary


  • TARP didn’t save banks, it ruined them: Kovacevich Contradicts Paulson who said the TARP funds were voluntary $$ Sep 14, 2013
  • By every measure, the big banks are bigger The top 6 banks hold 67% of all assets in the banking industry $$ Sep 14, 2013
  • A Toxic Subprime Mortgage Bond’s Legacy Lives On Story of CWABS 2006-7 Borrowers, Investors & Others Touched by It $$ Sep 14, 2013
  • Lehman’s Cold Dead Hand Is Still Reaching Out For Money Many games can b played w/derivatives of a BK counterparty $$ Sep 14, 2013
  • Five years after Lehman, risk moves into the shadows Bank runs still possible due2 repo, margining, putable debt $$ Sep 12, 2013
  • 2008-2013: The Financial Crisis in 9 Charts GDP, S&P500, Finance profits, employment, income, cars, homes & more $$ Sep 12, 2013
  • Lehman Brothers Abyss Had Paulson Seeking Prayer Amid Crisis I’m getting tired of seeing Paulson in the news $$ #long Sep 12, 2013
  • Embracing Wynne Godley, an Economist Who Modeled the Crisis The right answer involves Minsky and the Austrians $$ Sep 12, 2013
  • Financial Crisis: Lessons of the Rescue, A Drama in Five Acts John Taylor blames Govt policy for creating crisis $$ Sep 09, 2013
  • Henry Paulson Defends Fannie Mae Bailout As a result, we have maintained an overleveraged economy, more govt debt $$ Sep 09, 2013


Central Banking


  • Why Michael Woodford Thinks the Fed Should Taper Contends that we need more safe assets in the financial system $$ Sep 14, 2013
  • Is the Demographic Shift Weakening Monetary Policy Effectiveness? Older ppl react less 2changes in interest rates $$ Sep 10, 2013
  • Fed wants yet another tool in its swelled policy kit fixed-rate, full-allotment overnight reverse repo agreements $$ Sep 09, 2013




  • Detroit’s Bankruptcy and Pension Solution Depends More on its Planned Recovery and Rebirth – Not Just Cutting Costs! Sep 14, 2013
  • The prior article tweeted I disagree with. There r many high sounding words, amounting 2 “If we all clap, Tinkerbell will live!” $$ #nohope Sep 14, 2013
  • Insight: In Silicon Valley start-up world, pedigree counts The school u went 2 or the firm u worked 4 matters $$ Sep 13, 2013
  • MIT’s Williams Decodes Economics of Gene Sequencing Economist connects intellectual pprty & incentives 2 research $$ Sep 12, 2013
  • Intergovernmental Panel On Climate Change Admits Global Cooling? Climate changes; it always changes $$ Sep 12, 2013
  • Financial Secrets Revealed! (Just Don’t Ask Where They Came From) @retheauditors tells journos&readers2check facts $$ Sep 11, 2013
  • Fate or Destiny? @reformedbroker goes on hiatus? My but I will miss him. The financial blogosphere will miss him $$ Sep 11, 2013
  • The Weak Recovery Explains Rising Inequality, Not Vice Versa When growth was strong, incomes more even $$ Sep 10, 2013
  • Alcoa, H-P & Bank of America to Be Replaced on DJIA Nike, Visa & Goldman Sachs enter $$ $V $GS $NKE $AA $HPQ $BAC Sep 10, 2013
  • 10 ways to wipe out your retirement savings Complexity, leverage, low diversification, self-custody, slick-talkers $$ Sep 09, 2013
  • Are the Baltic Dry Index Telling Us to Expect Stronger Economic Activity? BDI has been turning up lately, so maybe $$ Sep 09, 2013
  • Did you read the deal terms? Looking at a special dividend of ~$5/share plus ~0.23 shs of $VZ per sh of $VOD. $$ Sep 09, 2013
  • AT&T Gets Tentative Approval to Fund Pension With Preferred Stock In BK, pref stock worth little;PBGC holds bag $$ $T Sep 08, 2013


Verizon Bond Deal

  • How to Borrow $49B with a Stroke of a Pen Bond deal of $VZ had weak covenants versus most investment grade deals $$ Sep 12, 2013
  • Verizon Nets $2.09 Billion Windfall for Bond Sale Buyers In order to get the deal done $VZ had to offer 4%+ gift $$ Sep 12, 2013
  • Verizon Pays Premium to Top Apple Bond Record I would b wary of holding much long $VZ debt. Who doesn’t own it? $$ Sep 12, 2013
  • Verizon Plans $20B Debt Sale Biggest ever, & on top of $48B+ of existing debt, will have 2have juicy yields $$ $VZ Sep 10, 2013
  • Verizon may boost size of bond offering: sources $VZ gets ready 2 issue biggest USD corporate bond deal EVER $$ $25B+ Sep 10, 2013


Wrong, Etc.

  • Gundlach Says Fed Is Mistaken in How It’s Ending Easing This article does not make clear what Gundlach objects to $$ Sep 12, 2013
  • 4 investment tips that you should never use Mixed analysis where the author knocks down falsehoods and straw men $$ Sep 12, 2013
  • Confused: Buffett’s investing advice is a portfolio killer More a criticism of Peter Lynch than Warren Buffett $$ Sep 12, 2013
  • Wrong: Systemically Important Banks in the Post-Crisis Era Long, and misses liquidity issues like repo financing $$ Sep 10, 2013


Retweets, Replies, and Comments

  • @munilass I read this and thought that things haven’t changed much since Heraclitus and Parmenides. Would like to hear his thoughts on Godel Sep 14, 2013
  • @jeffdanoff1 Of course I know that. I detest Paulson’s 5-year anniversary self-justification obfuscation. Kovacevich shoots straight. Sep 14, 2013
  • RT @munilass: Feynman’s lectures are now available online (Volume 1) (via @jtc_19) Sep 14, 2013
  • @munilass @BarbarianCap I too have appreciated your writings. They are worth keeping. If you don’t want to pay to do it, I could host them Sep 14, 2013
  • I just left a comment in “Buffett’s investing advice is a portfolio killer – Jeff Reeves’s Strength in Numbers – Ma…” Sep 12, 2013
  • Thanks @munilass | I knew u had written about this in the past. I’m a generalist w/bonds, so I thought I would show it 2u4 your thoughts $$ Sep 12, 2013
  • Hey @munilass — I would b interested in your opinion on this from The Committee For A Responsible Federal Budget Sep 11, 2013
  • Commented on StockTwits: @Financial_Iceberg Saw that & tweeted it yesterday. The question is how long China can c… Sep 10, 2013
  • I just left a comment in “David Einhorn was right about this stock – MarketWatch” Sep 09, 2013
  • @mcuban @howardlindzon Here is my reply, 2 large for twitter: Yes, most retail investors r dumb, but money can b made Sep 07, 2013