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	<title>The Swamp Report &#187; Bloomberg</title>
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	<link>http://www.swampreport.com</link>
	<description>Political, Economic, and Finance related commentary. J.D. Swampfox Associates report on battles for prosperity against the &#34;Tarleton&#34; of big government.</description>
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		<title>Why we must audit the FED regularly</title>
		<link>http://www.swampreport.com/politics/why-we-must-audit-the-fed-regularly/</link>
		<comments>http://www.swampreport.com/politics/why-we-must-audit-the-fed-regularly/#comments</comments>
		<pubDate>Mon, 11 Jan 2010 14:57:56 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Conspiracy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[audit the FED]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[Ron Paul]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=2753</guid>
		<description><![CDATA[Where there is smoke- there&#8217;s fire. Where there is obfuscation &#8211; there is something to hide.  Bloomberg&#8217;s effort to make the FED disclose firms benefiting from the bailouts is being dragged out by the guilty FED and its chief, Ben Bernanke.   This is why we need to pass Paul&#8217;s Audit the FED bill post [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Will the FED appeal?</title>
		<link>http://www.swampreport.com/politics/will-the-fed-appeal/</link>
		<comments>http://www.swampreport.com/politics/will-the-fed-appeal/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 14:22:18 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Bureaucrats]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[FOI]]></category>
		<category><![CDATA[public right to know]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=2331</guid>
		<description><![CDATA[The FED has lost (so far) in the Bloomberg suit to force it to reveal details about firms who received FED support during the financial crisis.  Will the FED appeal? We doubt it.  Too much negative publicity and little chance of winning.  However, will they stall until after Helicopter Ben is reappointed? -it&#8217;s likely&#8230; Bloomberg [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Scholes and Merton: mark it to market</title>
		<link>http://www.swampreport.com/investments/scholes-and-merton-mark-it-to-market/</link>
		<comments>http://www.swampreport.com/investments/scholes-and-merton-mark-it-to-market/#comments</comments>
		<pubDate>Wed, 19 Aug 2009 13:25:14 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Investments]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[Financial Times]]></category>
		<category><![CDATA[mark to market]]></category>
		<category><![CDATA[Merton]]></category>
		<category><![CDATA[Scholes]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=2304</guid>
		<description><![CDATA[Bloomberg (emphasis added): Myron Scholes and Robert Merton shared the 1997 Nobel price for economics, and they are now united in calling for banks to give more accurate valuations on their illiquid assets&#8230;.Banks that oppose new accounting standards on asset values want to conceal depressed prices, Merton wrote in the Financial Times yesterday. He composed [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wall Street collusion on earnings lies</title>
		<link>http://www.swampreport.com/investments/wall-street-collusion-on-earnings-lies/</link>
		<comments>http://www.swampreport.com/investments/wall-street-collusion-on-earnings-lies/#comments</comments>
		<pubDate>Thu, 30 Jul 2009 13:43:36 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Investments]]></category>
		<category><![CDATA[analysts earnings adjustments]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Intel]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=2132</guid>
		<description><![CDATA[There is some evidence that analysts can see through earnings smoothing that companies employ to reduce the volatility of reported earnings (see here and here, for example). But what about analyst efforts to make company earnings look smoother, or even better, than they actually were? David Pauly&#8217;s opinion piece on Bloomberg today reminds us of [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Smarter than the average bear?</title>
		<link>http://www.swampreport.com/investments/smarter-than-the-average-bear/</link>
		<comments>http://www.swampreport.com/investments/smarter-than-the-average-bear/#comments</comments>
		<pubDate>Sun, 17 May 2009 13:46:39 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Investments]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[David Tice]]></category>
		<category><![CDATA[S&P at 400]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1408</guid>
		<description><![CDATA[Like Yogi, David Tice, founder of the Prudent Bear Fund, may be smarter than the average bear.  He talks with Deirdre Bolton at Bloomberg about his outlook for stocks, calling a low for the S&#38;P 500 at 400 later this year. (ht Truveo.com)]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Banks: separating sheep from goats</title>
		<link>http://www.swampreport.com/investments/banks-separating-sheep-from-goats/</link>
		<comments>http://www.swampreport.com/investments/banks-separating-sheep-from-goats/#comments</comments>
		<pubDate>Sun, 03 May 2009 03:12:46 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Investments]]></category>
		<category><![CDATA[bank assets]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[JP Morgan]]></category>
		<category><![CDATA[s4/7 Wall St.]]></category>
		<category><![CDATA[sell rating on banks stocks]]></category>
		<category><![CDATA[Wells FArgo]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1274</guid>
		<description><![CDATA[Swamp Report would not be the first to say &#8220;takes one to know one&#8221;.  24/7 Wall St. reports that Friday, May 1,  JP Morgan issued a negative bank research call for the major money center and super-regional banks: &#8220;Bank of America Corporation (NYSE: BAC), Citigroup, Inc. (NYSE: C), U.S. Bancorp (NYSE: USB), Wells Fargo &#38; [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bear Stearns FED losses up to $9B now</title>
		<link>http://www.swampreport.com/politics/bear-stearns-fed-losses-up-9b-now/</link>
		<comments>http://www.swampreport.com/politics/bear-stearns-fed-losses-up-9b-now/#comments</comments>
		<pubDate>Fri, 24 Apr 2009 10:59:25 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Bureaucrats]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Bear Stearns bailout]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[FED]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1084</guid>
		<description><![CDATA[Bloomberg elaborates on the FED&#8217;s losses from the Bear Stearns bailout: In its biggest disclosure of the securities accepted to stabilize capital markets, the Fed said yesterday it had unrealized losses of $9.6 billion on the assets as of Dec. 31. The bonds, swaps and notes were taken in from Bear Stearns, once the fifth-biggest [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Martin Feldstein: &#8220;people are not going to rush to give new equity&#8221; to banks</title>
		<link>http://www.swampreport.com/economy/martin-feldstein-people-are-not-going-to-rush-to-give-new-equity-to-banks/</link>
		<comments>http://www.swampreport.com/economy/martin-feldstein-people-are-not-going-to-rush-to-give-new-equity-to-banks/#comments</comments>
		<pubDate>Thu, 23 Apr 2009 12:50:17 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[Martin Feldstein]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1048</guid>
		<description><![CDATA[Here&#8217;s a link to Bloomberg&#8217;s interview with Martin Feldstein this morning.]]></description>
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		<slash:comments>0</slash:comments>
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