Stories by Yves Smith

Yves Smith is the founder of Naked Capitalism and the author of "ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism." subscribe to Yves Smith's feed

Posted on: Jan 3, 2014, Source: Naked Capitalism

Student loan debt is the only form of debt not discharged by filing bankruptcy.

Posted on: Aug 23, 2013, Source: Naked Capitalism

The U.S. has a long-term project underway to take the dignity out of work.

Posted on: Aug 20, 2013, Source: Naked Capitalism

As the loss of economic and political right increases, the population is getting spooked.

Posted on: Jul 30, 2013, Source: Naked Capitalism

As Comptroller, Spitzer would have an obvious target for financial reform.

Posted on: Jul 23, 2013, Source: Naked Capitalism

From his bank-centric policies to terrible leadership and sexism, Summers has nothing good to offer the country.

Posted on: Jul 8, 2013, Source: Naked Capitalism

Banks are outbidding private equity Funds at foreclosures, believing they can beat them at the pump-and-dump game.

Posted on: Jun 20, 2013, Source: Naked Capitalism

At NYU, plunder has become a very attractive career path.

Posted on: Jun 18, 2013, Source: Naked Capitalism

Efforts to take down Greenwald and Snowden are ultimately destructive of the interests of American technology companies and American security.

Posted on: Jun 12, 2013, Source: Naked Capitalism

Early calls on costs may be premature, especially given rising corporatization of healthcare.

Posted on: May 15, 2013, Source: Naked Capitalism

Hallelujah - sort of. Catholic leaders make timid noises to protest horrific policies that crush millions.

Posted on: May 13, 2013, Source: Naked Capitalism

"Business freedom" in America increasingly means the God-given right to exploit the vulnerability of the public.

Posted on: May 9, 2013, Source: Naked Capitalism

Rust Consulting underpays harmed borrowers in the latest Independent Foreclosure Review 'mistake'

Posted on: Apr 22, 2013, Source: Naked Capitalism

Do they hear the sound of the air hissing out of the economy?

Posted on: Apr 17, 2013, Source: Naked Capitalism

The growing list of folks getting a juicy return on their association with the President.

Posted on: Apr 15, 2013, Source: Naked Capitalism

The U.S. stands out among advanced countries for its highly regressive tax code.

Posted on: Apr 7, 2013, Source: Naked Capitalism

The president wants to cut Social Security and Medicare to protect the investor class.

Posted on: Mar 4, 2013, Source: Naked Capitalism

Lew's employment relationship with the megabank is raising eyebrows.

Posted on: Feb 20, 2013, Source: Naked Capitalism

Yves Smith exposes the underbelly of foreclosure review processes that left Americans without justice.

Posted on: Feb 12, 2013, Source: Naked Capitalism

Obama promised justice to abused American homeowners. Have they gotten it?

Posted on: Jan 17, 2013, Source: Naked Capitalism

Kochs may fear that the Tea Party's debt ceiling hostage-taking will foil budget strategy.

Posted on: Dec 5, 2012, Source: Naked Capitalism

The strategy is well-meaning, but there are better approaches to relieving debt.

Posted on: Nov 28, 2012, Source: Naked Capitalism

Escalating delinquency rates make student loans look like the new subprime.

Posted on: Nov 8, 2012, Source: Naked Capitalism

Peter Orszag, Obama-Admin-Veteran-Turned-Bank-Exec, is selling catfood futures hard.

Posted on: Oct 24, 2012, Source: Naked Capitalism

Wall Street hates Greg Smith for telling the world of rampant abuse in one of its most prestigious firms.

Posted on: Sep 20, 2012, Source: Naked Capitalism

New Study finds “severe toxic effects” of commonly used Monsanto herbicides.

Posted on: Sep 13, 2012, Source: Naked Capitalism

Wall Street eyes rental properties in a money-making scheme likely to screw both investors and renters. Whoopee!

Posted on: Aug 20, 2012, Source: Naked Capitalism

Stressed homeowners twist in the wind as home values, and the economy, continue to stagnate.

Posted on: Aug 13, 2012, Source: Naked Capitalism

Posted on: Aug 3, 2012, Source: Naked Capitalism

The Obama administration should show big banks that it's not ok harass people serving their country.

Posted on: Jul 30, 2012, Source: Naked Capitalism

The woman who punted on the foreclosure crisis makes the short list. Word is, she's dumber than Palin.

Posted on: Jun 25, 2012, Source: BillMoyers.com

Yves Smith and Matt Taibbi join Bill Moyers to discuss our criminal global financial system.

Posted on: Jun 24, 2012, Source: Naked Capitalism

Davidson's latest foray into "Stupid-nomics" is wildly out of touch with America's massive jobs crisis.

Posted on: May 16, 2012, Source: Naked Capitalism

Krugman, who has taken brave stands in the past, has failed to call out phony 'centrist' deficit hawks who want to steal our future.

Posted on: May 3, 2012, Source: Naked Capitalism

Yves Smith explores Davidson's latest assault on common sense and accuracy in his new piece on Romney's crony, the revolting Edward Conard.

Posted on: Apr 30, 2012, Source: Naked Capitalism

News of suits against police violations of Constitutional rights and excessive force represent a key front for pushing back against illegitimate power.

Posted on: Mar 26, 2012, Source: Naked Capitalism

The 1% Whisperer strikes again, this time with a clueless view of domestic workers.

Posted on: Mar 21, 2012, Source: Naked Capitalism

Roger Lowenstein's Bernanke-as-hero cover story is revisionist history. In reality, the Fed chief has much to answer for in his handling of financial crisis and the economy.

Posted on: Mar 12, 2012, Source: Naked Capitalism

Signs point to possible backscratching between the Federal Reserve and the Obama Administration.

Posted on: Feb 28, 2012, Source: Naked Capitalism

In his latest 1% apologia, Davidson hails the capitalist lottery system for workers. Yves Smith explains the idiocy of this idea.

Posted on: Feb 9, 2012, Source: Naked Capitalism

Forty-nine of 50 states have agreed to join the so-called mortgage settlement. Here's why it's a major letdown.

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