Counterparties

Yikes

The Federal Housing Finance Agency hired an active insurance lobbyist as an outside expert

americanbanker.com Discussion Tweet This

Shahien Nasiripour: RT @ABWashBureau: FHFA Hires Insurance Lobbyist as Insurance Consultant http://t.co/CqN1OaSHS1

Visitors are reflected on a Citibank booth during the Jakarta Fair

Tax Arcana

Citi is begging to be taxed heavily

preview.reuters.com Discussion Tweet This

LIEBOR

Ex-UBS trader Tom Hayes charged with criminal conspiracy in Libor case by the UK's Serious Fraud Office

bloomberg.com Discussion Tweet This

Jeffrey_Cane "I am in the business of doing justice," says the director of the UK Serious Fraud Office.dealbook.nytimes.com/2013/06/17/bri… Well, allright then.

Oxpeckers

"I’ve come to understand... the power of little details": in praise of TKs

jeffpearlman.com Discussion Tweet This

The Fed

Another Fed trial balloon on tapering, this time in the FT

www.ft.com Discussion Tweet This

Your Retirement Plans

The inventor of the 401(k) says it was "never meant to take care of everyone"

marketplace.org Discussion Tweet This

Ryan McCarthy: The inventor of the 401(k) says it was "never meant to take care of everyone" http://t.co/ndUazXOgoT

Wonks

Inflation helped the British keep unemployment down

washingtonpost.com Discussion Tweet This

Ben Walsh: "Inflation offers a workaround to the problem of rigid nominal wages" http://t.co/52GxBNvwxm

New Normal

"I will hide nothing. But I will conceal everything."

newrepublic.com Discussion Tweet This

Will Wilkinson: RT @tnr: "I will hide nothing. But I will conceal everything. I will be a good American." --@walterkirn http://t.co/wlVnNhN31a #NSA #privacy

Housing

How mortgage servicers strong-arm disaster victims

newrepublic.com Discussion Tweet This

Mike Konczal: Great story by @ddayen in @tnr on how mortgage servicers strong-arm natural disaster victims on insurance payments: http://t.co/vjyCTBCDOu

An auction lawn sign points to a foreclosed property to be auctioned off by Dallas-based Hudson & Marshall in Detroit

Felix

Detroit, where per capita income is just $15,000, is taking aim at its pensioners

blogs.reuters.com Discussion Tweet This

Cate Long: Detroit's 10-cents-on-the-dollar meme

US consumers’ health-care costs fell in May for the first time in almost four decades

A really good preview of the Fed's big announcement today

The immigration bill will cut the deficit by $200 billion over the next 10 years, CBO says

A man who supplies service workers to the rich is suing Soros, Schwarzman, Icahn and Seinfield

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