Anonymous sources
Economic Populist
National Mortgage Settlement is a Big Fat Pig in a Poke - Economic Populist
... which has not been made public – allows the banks to count future loan modifications made under a 2009 foreclosure-prevention initiative towards their restructuring obligations for the new settlement, according to people familiar with the matter.
Saturday Reads Around The Internets - Debt Ceiling Games are Evil - Economic Populist
From Bloomberg: President Barack Obama has chosen a candidate other than Elizabeth Warren as director of the new Consumer Financial Protection Bureau, according to a person briefed on the matter. The president's choice is a person who already works at ...
Dear Portugal, You Get a Bail Out and a Recession - Economic Populist
Portugal's main opposition party met European and IMF officials on Wednesday and said they would consider whether to back a 78-billion-euro bailout after a source said the terms would propel the economy into two years of recession. ...