On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.

Sometimes though, one cannot say it better but miss those who did.

Must Read Post #1

An New York Times op-ed by Koniah, Cohen, Dana & Ross, How Washington Abetted the Bank Job , blasts Ben Bernanke claiming he knew nothing on the Lehman 105 repo use. They also call out all of Washington.

Well, the truth is this: The collapse of Enron back in 2001 revealed that the biggest financial institutions, here and abroad, were busy creating products whose sole purpose was to help companies magically transform their debt into capital or revenue. At the time, there were news reports about Merrill Lynch pretending to buy Nigerian barges from Enron, JPMorgan Chase dressing up its loans to Enron as commodity trades and Citigroup disguising Enron debt as profits from Treasury-bill swaps.

Must Read Post #2

The New York Times has a piece about the absurdity of Citigroup executive pay and how it is symptomatic of the executive class being rewarded for bringing corporations to their knees. This is in ramp up for the Rubin and Prince Congressional Testimony.

Must Read Post #3

More evidence meritocracy is simply something used by HR corporate hacks to avoid being sued. Read Blondes Make More Money.

Must Read Post #4

Yet another New York Times article (they are batting a 1000 today), calls out the Financial Crisis Inquiry as being full of politics and set backs, so of course, once again, we will not get any real answers coming from officials on why the financial meltdown even happened.