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Lynn Wheeler
Worked at WSU
Attended Washington State University
Lived in Pullman, Wa
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Lynn Wheeler

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as an aside, the author of above was regulator during S&L crisis that Keating sent out a memo to "kill black". Black does slightly muddle the "liar loan" theme .... w/o the triple-A ratings, they still had limited market ... and we were asked to further counter "liar loans" by improving the integrity of the supporting documents. It wasn't until they found they could pay for triple-A rating (when both the sellers and the rating agencies knew they weren't worth triple-A) ... that there was significant change. Triple-A trumps documents and they could start doing no-documentation "liar loans". Triple-A ratings also open the market to the large operations restricted to only dealing in "safe" investments ... and possibly the single largest factor in there being over $27T done between 2001 & 2008.
By William K. Black Quito: May 23, 2015 Few people’s efforts at myth-making have been as devastatingly refuted as Peter Wallison. But fables that are designed to make the banksters look less criminal are always welcome by the banksters. Any honest disc
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Note that if buying triple-A ratings wasn't enough, the also start doing securitized mortgages designed to fail, pay for triple-A rating and sell to their customers. Then they would take out CDS gambling bets that they would fail (creating enormous demand for dodgy loans).
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Krugman (http://www.nytimes.com/2015/05/22/opinion/paul-krugman-trade-and-trust.html)

"In any case, the Pacific trade deal isn’t really about trade. Some already low tariffs would come down, but the main thrust of the proposed deal involves strengthening intellectual property rights — things like drug patents and movie copyrights — and changing the way companies and countries settle disputes. And it’s by no means clear that either of those changes is good for America."
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Lynn Wheeler

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I suppose the bean-counters would just label the difference as "Intangible Assets".
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Lynn Wheeler

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After taking a victory lap for passing a bill meant to curb insider trading, the House declares itself immune from insider-trading investigations.
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Lynn Wheeler

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"This is not a trade agreement. It's about intellectual property and dispute settlement."
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lets go back a little further
http://en.wikipedia.org/wiki/Team_B

there are (at least) 2 versions of the story: 1) they needed to replace CIA director Colby (who disagreed with "Team B") with somebody that would go along with the "Team B" analysis or 2) Rumsfeld was attempting to sidetrack a competitor in the the Republican party (or both #1 and #2).

Note that the original $50B claimed cost for Iraq war (could be $5T before all is said and done, 100 times larger) based on fabricated WMDs ... they did eventually find decommissioned WMDs from the 80s that originated in the US ... but the information was classified at the time
http://www.nytimes.com/interactive/2014/10/14/world/middleeast/us-casualties-of-iraq-chemical-weapons.html?_r=0

last decade, cousin of white house chief of staff Card ... was dealing with the Iraqis at the UN and was given evidence that WMDs had been decommissioned, about to make it public, gets locked up in military hospital .... "EXTREME PREJUDICE-- The Terrifying Story of the Patriot Act and the Cover Ups of 9/11 and Iraq"
http://www.amazon.com/EXTREME-PREJUDICE-Terrifying-Story-Patriot-ebook/dp/B004HYHBK2/

Team B was also involved in supplying Saddam with weapons
http://en.wikipedia.org/wiki/Iran%E2%80%93Iraq_War
including WMDs
http://en.wikipedia.org/wiki/United_States_support_for_Iraq_during_the_Iran%E2%80%93Iraq_war
replacement CIA director then is VP ... at one point claims no knowledge of such activities
http://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair
because he was fulltime administration point person deregulating financial industry ... creating S&L crisis
http://en.wikipedia.org/wiki/Savings_and_loan_crisis
along with other members of his family
http://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan
and another
http://query.nytimes.com/gst/fullpage.html?res=9D0CE0D81E3BF937A25753C1A966958260
and
http://critcrim.org/critpapers/potter.htm
more recent:
http://www.nakedcapitalism.com/2014/12/jeb-bush-forest-gump-financial-improprieties.html
then there is also "Keating Five"
http://en.wikipedia.org/wiki/Keating_Five
one of the targets of "Keating Five"
http://en.wikipedia.org/wiki/William_K._Black

Sat. photo recon analyst warns that Iraq is marshaling forces for Kuwait invasion; administration says that Saddam told them he would do no such thing ... and proceeds to discredit the analyst. Analyst then warns that Iraq is marshaling forces for Saudi invasion ... now the administration is forced to choose between Iraq and Saudi.
http://www.amazon.com/Long-Strange-Journey-Intelligence-ebook/dp/B004NNV5H2/

Later after 9/11, administration prevented families of 9/11 victims from suing Saudi Arabia as responsible for 9/11. More recently that has changed and the 9/11 victim families were allowed to sue Saudi Arabia as responsible (some claims that fracking had changed oil politics and made US less dependent on Saudi Arabia). There still is battle over the classified 28 pages in the 9/11 report (numerous references it provides details/evidence of Saudi Arabia responsibility).
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The foreign auto import quotas were supposedly to minimize competition and give US makers enormous profits to completely remake themselves ... however they didn't, just pocketed the money and continued business as usual. In the early 80s there was call for 100% unearned profit tax on the industry.

In 1990, the industry had the C4 taskforce ... to look (finally?) at completely remake themselves. Because they planned on making heavy use of technology, several technology vendors were asked to send members to participate. In the meetings they could accurately describe competition and what the US industry needed to do to respond. One of the issues was that they took 7-8yrs to come out with new model ... and tended to run two efforts in parallel offset 3-4 years ... so they came out with something new every couple years (with cosmetic changes in between). The foreign competition had cut that process time in half and were in the process of cutting it in half again (heading for less than year for being able to do complete change if needed for market/technology). Offline at the meetings, I commented to the IBM POK mainframe brethren that how could they expect to contribute since they had many of the same problems.

From the recent bailouts, too many stakeholders in the status quo still have prevented change.
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The missing ingredients in that article include self-driving cars, and the immanent end of owning a personal car. So they are still fighting the last battles...
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This week's spectacle in Washington, DC was a nearly unanimous Democratic minority in the Senate blocking a proposal for expedited consideration of multinational trade agreements favored by the Republican majority, but also b...
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Influence peddlers seem to know more about the Trans-Pacific Partnership than Congress
http://sunlightfoundation.com/blog/2015/05/14/influence-peddlers-seem-to-know-more-about-the-trans-pacific-partnership-than-congress/
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Lynn Wheeler

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is there a way to locate stolen chromebook?
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https://www.goguardian.com/ if not gone already maybe handy
This one is helpful if it's walked away already,
http://www.classthink.com/2015/02/05/how-to-deal-with-a-lost-or-stolen-chromebook/

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Have him in circles
204 people
J.Y. MeaCulpa Xu's profile photo
Rohit Khare's profile photo
Philippe Bocquet's profile photo
Robert McNally's profile photo
Greg Broiles's profile photo
Ricardo Luis Rojas Villalobos's profile photo
Jayesh Patel's profile photo
Анфиса Смирнова's profile photo
Jeff & Monika Franz-Lien's profile photo
Work
Occupation
Dataprocessing
Employment
  • WSU
    Staff, 1966
  • Boeing
    Staff, 1969
  • IBM
    Staff, 1970
  • First Data
    Staff, 1995
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Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
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Pullman, Wa - Seattle, Wa - Winchester, Ma - San Jose, Ca - Austin, Tx - Morgan Hill, Ca - Denver, Co - Maryland - Seattle, Wa
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Virtualization since Jan1968, Online at home since Mar1970
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Virtualization since Jan1968, online at home since Mar1970
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  • Washington State University
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