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Olduvai III: Catacylsm
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US Bank Counterparty Risk Soars After Energy MTM Debacle

US Bank Counterparty Risk Soars After Energy MTM Debacle A few dots are starting to be connected now that we have exposed the debacle of The Fed’s decision to allow banks to mark-to-unicorn their energy loans. “Something” was wrong in recent weeks as the TED-Spread surged (implying rising counterparty uncertainty among banks) and then the last week – since The […]

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What Just Happened With OIL?

What Just Happened With OIL? Yesterday, we reported exclusively how the Dallas Fed is pulling strings behind the scenes to conceal the fallout from the oil market crash. As Dark-Bid.com’s Daniel Drew notes, by suspending mark-to-market on energy loans and distorting the accounting, they are postponing the inevitable as long as possible. The current situation is eerily reminiscent to the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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