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Posts Tagged ‘Enron’

Stanford Lowers Itself by Having the Hoover Institute

Posted in Corrupt Economists, Deliberately False Financial Information, Economic Regulation, Misleading Financial Institutions, tagged , , , , , , on February 5, 2009 | 4 Comments »

The Hoover Institute has little to do with serious scholarship, and more to do with neo-con and ultraconservative ideology. Their research is clearly doctrinal and people with independent minds interested in real economics would be good to ignore the Institute’s ‘findings.” Real economists do perform research for them, but when they do, it is to [...]

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The Epidemic of False Information in Economics and Finance

Posted in Deliberately False Financial Information, Economic Bubbles, Economics, Investment Advice, Media Corruption, Yield Disparity, tagged , , , , , , on January 26, 2009 | 1 Comment »

Wouldn’t it be nice if deliberately misleading and biased economics and financial information released by concentrated power came with this warning label? We think now is an appropriate time point out the massive amount of false information that surrounds all of us. Here are a few of the main sources: Academics: Focuses on teaching overly [...]

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BusinessWeek Gets Mortgages Wrong

Posted in Media Corruption, Mortgages, tagged on January 26, 2009 | Leave a Comment »

This is an exerpt from the Guardian of the 25 people most responsible for the financial crisis. “Lewis Ranieri The “godfather” of mortgage finance, who pioneered mortgage-backed bonds in the 1980s and immortalised in Liar’s Poker. Famous for saying that “mortgages are math”, Ranieri created collateralised pools of mortgages. In 2004 Business Week ranked him [...]

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Nothing Learned Since Enron

Posted in Accounting Standards, Federal Reserve, Mortgages, Videos, tagged , on January 19, 2009 | Leave a Comment »

What is truly amazing from this financial crisis is how little was learned since the fraud of Enron and other companies like them. This excellent 2005 movie explained how the Enron fraud was perpetuated, so it is not even necessary to read a book or lengthy article to find out how it was done. There [...]

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Why is The Investment Media So Slow to Communicate Asset Bubbles?

Posted in Deliberately False Financial Information, Economic Bubbles, Economic Conspiracy, Media Corruption, tagged on January 11, 2008 | Leave a Comment »

Abstract There is one view that the investment media is in the business of accurately communicating financial happenings. However, history seems to offer a different lesson. This article deals with this lesson. The Standard View To begin this analysis, we must first analyze if the stated purpose of the financial media is the actual purpose. [...]

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