The NYT has what I assume to be a bizarre form of beat sweetener on Goldman Sachs today. It spends most of 1,300 words speculating on who might replace CEO Lloyd Blankfein if he were to step down, exploring three possible candidates in depth. But here’s the explanation for why they think such speculation appropriate: [...]

After a drawn out battle to liberate the records of the Fed’s discount window lending, they’ve finally been released. Bloomberg (who led the legal fight to liberate them) has made the records available here. While it’s going to take a while for those who understand this stuff to collate the data–the Fed released individual PDFs–thus [...]

FROM: Mr. Lloyd Blankfein 200 West Street New York, New York 202-555-MOTU TO: CEO Chump City, ForeignLand Dear Sir: I have been requested by the Facebook Company to contact you for assistance in resolving a matter. The Facebook Company has recently concluded new agreements to share its users’ identities. The contracts have immediately produced moneys [...]

Let me make a rare statement: I agree with just about everything Richard Shelby said in his call for an investigation of mortgage servicers. The Federal Banking Regulators should immediately review the mortgage servicing and foreclosure activities of Ally Financial, JP Morgan Chase and Bank of America. The regulators should determine exactly what occurred at [...]

New York City District Attorney Robert Morgenthau lands a broadside Morgenthau on the Federal oversight and investigation of financial fraud. Morgenthau’s criticism has important implications in light of the recent travails on Wall Street, including powerful allegations currently lodged against Goldman Sachs.

A couple of articles explain why Congress continues to be unable to reel in Wall Street.

The Administration seems to be playing with NYT reporting to send Goldman Sachs a message that its efforts to get free of government regulation may bring regulation on other benefits it has received under the bailout.

Timmeh has decided to let us know which banks are insolvent. But he’s only doing so because the banks are so unruly they won’t listen to him.

The Peanut CEO’s response to being invited to eat his own toxic product was invoking his Fifth Amendment Rights. But the bank CEOs? No one has yet asked them to eat their own toxic products.