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	<title>Bernanke Panky News</title>
	<link>http://www.bernankepanky.com/blog</link>
	<description>Following Ben Bernanke, the Fed &amp; Friends to inflationary nirvana!</description>
	<pubDate>Wed, 11 Nov 2009 19:07:54 +0000</pubDate>
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		<title>Chart of the Day: The Dow priced in gold</title>
		<link>http://www.bernankepanky.com/blog/2009/11/11/chart-of-the-day-the-dow-priced-in-gold/</link>
		<comments>http://www.bernankepanky.com/blog/2009/11/11/chart-of-the-day-the-dow-priced-in-gold/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 19:07:54 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
		<category><![CDATA[Implode-Explode Fed News]]></category>

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		<description><![CDATA["Gold’s recent behavior strikes me as similar to oil circa July ‘08. With it leaping to another new high today — $1,119 — I thought I’d offer the following chart"]]></description>
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		<item>
		<title>China Signals That It May Allow Currency to Rise Against Dollar</title>
		<link>http://implode-explode.com/viewnews/2009-11-11_ChinaSignalsThatItMayAllowCurrencytoRiseAgainstDollar.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-11_ChinaSignalsThatItMayAllowCurrencytoRiseAgainstDollar.html#comments</comments>
		<pubDate>Wed, 11 Nov 2009 16:52:25 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
		<category><![CDATA[Implode-Explode Fed News]]></category>

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		<guid isPermaLink="false">iehi-feed-22473</guid>
		<description><![CDATA[" China sent its clearest signal yet that it was ready to allow yuan appreciation after an 18-month hiatus, saying on Wednesday it would consider major currencies, not just the dollar, in guiding the exchange rate."]]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-11_ChinaSignalsThatItMayAllowCurrencytoRiseAgainstDollar.html/feed/</wfw:commentRss>
		</item>
		<item>
		<title>More On Lies - Strong Dollar</title>
		<link>http://implode-explode.com/viewnews/2009-11-11_MoreOnLiesStrongDollar.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-11_MoreOnLiesStrongDollar.html#comments</comments>
		<pubDate>Wed, 11 Nov 2009 16:50:54 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
		<category><![CDATA[Implode-Explode Fed News]]></category>

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		<guid isPermaLink="false">iehi-feed-22472</guid>
		<description><![CDATA[" If interest expense ever exceeds income, you're finished, just as was the "buyer" who took out an OptionARM and then had his payment reset to more than his income.  Instant Boom. The same thing happens to nations. The problem is that nobody knows exactly where the line is, because that debt must be rolled, and it is the future cost of that rollover, not today's interest rates, that determine where the wall is."]]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-11_MoreOnLiesStrongDollar.html/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Under Attack, Fed Chief Studies Politics</title>
		<link>http://implode-explode.com/viewnews/2009-11-11_UnderAttackFedChiefStudiesPolitics.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-11_UnderAttackFedChiefStudiesPolitics.html#comments</comments>
		<pubDate>Wed, 11 Nov 2009 13:15:34 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
		<category><![CDATA[Implode-Explode Fed News]]></category>

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		<guid isPermaLink="false">iehi-feed-22464</guid>
		<description><![CDATA["No fight illustrates Mr. Bernanke’s political challenge better than the one over Mr. Paul’s bill to audit the Fed.

The maneuvering is still under way, involving intricate negotiations outside of public view. But, aided by the pledge of help from Mr. Frank and backing from the administration, Fed officials cautiously predict they will get what they want.""]]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-11_UnderAttackFedChiefStudiesPolitics.html/feed/</wfw:commentRss>
		</item>
		<item>
		<title>A Golden Potpourri</title>
		<link>http://implode-explode.com/viewnews/2009-11-11_AGoldenPotpourri.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-11_AGoldenPotpourri.html#comments</comments>
		<pubDate>Wed, 11 Nov 2009 09:37:04 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
		<category><![CDATA[Implode-Explode Fed News]]></category>

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		<guid isPermaLink="false">iehi-feed-22458</guid>
		<description><![CDATA["Today’s edition might be termed a Golden Potpourri, which is to say an eclectic but hopefully complementary mix of odds and ends on matters related to gold that I hope you find of interest."]]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-11_AGoldenPotpourri.html/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Show Me The Money</title>
		<link>http://implode-explode.com/viewnews/2009-11-11_ShowMeTheMoney.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-11_ShowMeTheMoney.html#comments</comments>
		<pubDate>Wed, 11 Nov 2009 09:28:28 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
		<category><![CDATA[Implode-Explode Fed News]]></category>

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		<guid isPermaLink="false">iehi-feed-22456</guid>
		<description><![CDATA[" The Fed recognized in its FOMC statement that its direct purchase program was skewing the pricing of GSE paper to insane levels, not in so many words of course, but in code words. “To provide support to mortgage lending and housing markets and to improve overall conditions in private credit markets, the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and about $175 billion of agency debt. The amount of agency debt purchases, while somewhat less than the previously announced maximum of $200 billion, is consistent with the recent path of purchases and reflects the limited availability of agency debt.”"]]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-11_ShowMeTheMoney.html/feed/</wfw:commentRss>
		</item>
		<item>
		<title>How Banks View Loan Modifications</title>
		<link>http://implode-explode.com/viewnews/2009-11-10_HowBanksViewLoanModifications.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-10_HowBanksViewLoanModifications.html#comments</comments>
		<pubDate>Tue, 10 Nov 2009 21:44:42 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
		<category><![CDATA[Implode-Explode Fed News]]></category>

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		<guid isPermaLink="false">iehi-feed-22450</guid>
		<description><![CDATA[``The cost of foreclosure to your bank is going to be 30% to 50%, or even more in the worst of instances.  But that’s not the most important factor to your bank… this is all about your bank’s degree of certainty that if they modify your loan, you won’t be back in foreclosure anytime soon, and likely never.  Your bank views a loan modification as pretty close to unthinkable in the first place, so it’s unquestionable that it’s a once in a lifetime thing in their eyes. '']]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-10_HowBanksViewLoanModifications.html/feed/</wfw:commentRss>
		</item>
		<item>
		<title>FDIC’s 20% Shorter ‘Merit’ Reviews Preceded Banking Failures</title>
		<link>http://implode-explode.com/viewnews/2009-11-10_FDICs20ShorterMeritReviewsPrecededBankingFailures.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-10_FDICs20ShorterMeritReviewsPrecededBankingFailures.html#comments</comments>
		<pubDate>Tue, 10 Nov 2009 20:39:55 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
		<category><![CDATA[Implode-Explode Fed News]]></category>

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		<guid isPermaLink="false">iehi-feed-22446</guid>
		<description><![CDATA[" At least three U.S. banks failed in the past year after the Federal Deposit Insurance Corp. deemed them healthy enough to qualify for a program that reduced the time examiners spent on reviews by at least 20 percent."]]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-10_FDICs20ShorterMeritReviewsPrecededBankingFailures.html/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GMAC is only major bank that needs more bailout money, Fed says</title>
		<link>http://implode-explode.com/viewnews/2009-11-10_GMACisonlymajorbankthatneedsmorebailoutmoneyFedsays.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-10_GMACisonlymajorbankthatneedsmorebailoutmoneyFedsays.html#comments</comments>
		<pubDate>Tue, 10 Nov 2009 15:22:42 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
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		<guid isPermaLink="false">iehi-feed-22430</guid>
		<description><![CDATA[" Nine of the 10 institutions ordered to raise more capital after this spring's 'stress tests' have reached their goals, the central bank reports. GMAC is said to need up to $5.6 billion more."]]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-10_GMACisonlymajorbankthatneedsmorebailoutmoneyFedsays.html/feed/</wfw:commentRss>
		</item>
		<item>
		<title>More Lenders Raise Prime Mortgage Standards: Fed</title>
		<link>http://implode-explode.com/viewnews/2009-11-09_MoreLendersRaisePrimeMortgageStandardsFed.html</link>
		<comments>http://implode-explode.com/viewnews/2009-11-09_MoreLendersRaisePrimeMortgageStandardsFed.html#comments</comments>
		<pubDate>Mon, 09 Nov 2009 23:53:46 +0000</pubDate>
		<dc:creator>Implode-Explode Heavy Industries news feed</dc:creator>
		
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		<guid isPermaLink="false">iehi-feed-22416</guid>
		<description><![CDATA["The portion of lenders that increased standards for prime residential mortgages and revolving home equity lines of credit increased slightly this quarter, according to the Federal Reserve’s October 2009 Senior Loan Officer Opinion Survey on Bank Lending Practices."]]></description>
		<wfw:commentRss>http://implode-explode.com/viewnews/2009-11-09_MoreLendersRaisePrimeMortgageStandardsFed.html/feed/</wfw:commentRss>
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