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	<title><![CDATA[karl denninger Resources | BNET]]></title>
	<link><![CDATA[http://resources.bnet.com/topic/karl+denninger.html]]></link>
	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to karl denninger]]></description>
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		<title><![CDATA[Wells Fargo TARP Exit: Potential Impact]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F178286-wells-fargo-tarp-exit-potential-impact%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  Wells became the last of the "big banks" to exit TARP today:     The bank plans to return all of the $25 billion that taxpayers invested last year, according to a company statement issued today. The exit from TARP would put Wells Fargo...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Tue, 15 Dec 2009 10:28:52 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/wells+fargo+%2526+co..html"><![CDATA[Wells Fargo & Co.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">WFC</category>
		<category domain="tickers">WFC</category>
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		<title><![CDATA[November Retail Sales: Deeply Skeptical]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F177801-november-retail-sales-deeply-skeptical%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  Here's the headline argument made by the media...   Dec. 11 Bloomberg -- Sales at U.S. retailers rose more than forecast in November, a sign consumer spending is gathering speed heading into 2010. by Karl Denninger]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Fri, 11 Dec 2009 09:59:50 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/retail.html"><![CDATA[Retail]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
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		<title><![CDATA[ShopperTrak Reports Weak November]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F177429-shoppertrak-reports-weak-november%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  So much for "Black Friday was reasonably good."  Like hell:   CHICAGO, IL, December 9, 2009 &#8211; ShopperTrak RCT Corporation&#8217;s Retail Traffic Index SRTI today reported that total U.S. foot traffic for the month of November fell 6.1 percent while the company&#8217;s National Retail...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Wed, 09 Dec 2009 01:05:13 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
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	<item>
		<title><![CDATA[Karl Denninger Interview: Return of Capital Is More Important Than Return on Capital]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F176372-karl-denninger-interview-return-of-capital-is-more-important-than-return-on-capital%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger - Seeking Alpha Profile   Karl Denninger is a SA certified contributor and an author of the popular blog called The Market Ticker.  He has been a full-time trader since 1998, providing valuable insights to thousands of SA readers through his articles. by Karl Denninger]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Thu, 03 Dec 2009 06:07:27 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/seeking+alpha.html"><![CDATA[Seeking Alpha]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
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		<title><![CDATA[Retail Sales, Gallup Edition: A Splash of Cold Water]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F176183-retail-sales-gallup-edition-a-splash-of-cold-water%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  I thought that "per-person" spending was down, but traffic was way up, and on balance Black Friday was reasonably good..... if so, what's this?     Gallup's Thanksgiving week results tend to confirm fears of a weak holiday sales season as consumer spending was...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Wed, 02 Dec 2009 08:55:51 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/retail.html"><![CDATA[Retail]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
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		<title><![CDATA[Are We Exacerbating China's Pollution?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F174149-are-we-exacerbating-china-s-pollution%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  America used to mistreat her land and water like this.   This sort of thing, by the way, is how you manage to produce things with a wage of $1 or $2/day and undercut first-world producers. by Karl Denninger]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Wed, 18 Nov 2009 01:32:36 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/china.html"><![CDATA[China]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
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		<title><![CDATA[AIG Counterparties: The SIGTARP Report]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F173833-aig-counterparties-the-sigtarp-report%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  The SIGTARP counterparty investigation related to AIG has been released.   I'm sure there will be much digital ink spilled on this report over the next few days.  But I'd like to focus in on one specific area - found on page 8 of...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Tue, 17 Nov 2009 08:38:03 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/american+international+group+inc..html"><![CDATA[American International Group Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">AIG</category>
		<category domain="tickers">AIG</category>
	</item>
	<item>
		<title><![CDATA[HP / 3Com: Blatant Insider Call Buying]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F173106-hp-3com-blatant-insider-call-buying%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  The story:     PALO ALTO, Calif. & MARLBOROUGH, Mass.--BUSINESS WIRE--HP (NYSE: HPQ - News) and 3Com Corporation (NASDAQ: COMS - News) (&#8220;3Com&#8221;) today announced that they have entered into a definitive agreement under which HP will purchase 3Com, a leading provider of networking...]]></description>
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		<pubDate>Thu, 12 Nov 2009 02:39:51 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/hardware.html"><![CDATA[Hardware]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/3com+corp..html"><![CDATA[3Com Corp.]]></category>
		<category domain="http://resources.bnet.com/topic/hewlett-packard+co..html"><![CDATA[Hewlett-Packard Co.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">COMS</category>
		<category domain="http://rss.financialcontent.com/stocksymbol">HPQ</category>
		<category domain="tickers">COMS,HPQ</category>
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		<title><![CDATA[Does Disaster Loom from Dollar Funded Carry Trades?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F172241-does-disaster-loom-from-dollar-funded-carry-trades%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  You can put a fork in us down the road....     The U.S. currency dropped against 12 of its 16 major counterparts as the International Monetary Fund said traders are probably using the dollar to fund so-called carry trades around the world and...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Mon, 09 Nov 2009 09:10:49 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
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		<title><![CDATA[The Fed and Fannie Mae: Throwing Money Down a Black Hole]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F171815-the-fed-and-fannie-mae-throwing-money-down-a-black-hole%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  It's a policy according to Barney Frank to lose money on purpose, right?   Well then, Fannie Mae FNM ought to get some sort of award: by Karl Denninger]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Fri, 06 Nov 2009 06:05:16 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/fannie+mae.html"><![CDATA[Fannie Mae]]></category>
		<category domain="http://resources.bnet.com/topic/freddie+mac.html"><![CDATA[Freddie Mac]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">FNM</category>
		<category domain="http://rss.financialcontent.com/stocksymbol">FRE</category>
		<category domain="tickers">FNM,FRE</category>
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		<title><![CDATA[Insider Trading on UUP Options?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F171618-insider-trading-on-uup-options%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  Ok, who knew in advance of the UUP "dislocation" from this news:     Creations of new shares in the fund are temporarily suspended pending clearance of the registration statement by the SEC, the Financial Industry Regulatory Authority and the National Futures Association and...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Thu, 05 Nov 2009 01:00:50 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
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		<title><![CDATA[JPMorgan and the Alabama Swaps]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F171263-jpmorgan-and-the-alabama-swaps%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  Amazing story here.... you really need to read the whole thing.  The salient point is here:     The county paid JPMorgan and a group of banks $120.2 million in fees for $5.8 billion of derivatives, according to a series of stories published...]]></description>
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		<pubDate>Wed, 04 Nov 2009 12:29:05 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/j.p.+morgan+chase+%2526+co..html"><![CDATA[J.P. Morgan Chase & Co.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">JPM</category>
		<category domain="tickers">JPM</category>
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		<title><![CDATA[CIT Goes Boom]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F170571-cit-goes-boom%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  Hope you didn't buy any CIT on the hope of a bailout!     Nov. 1 Bloomberg -- CIT Group Inc., a 101-year-old commercial lender, filed for bankruptcy with financing from investor Carl Icahn after the credit crunch dried up its funding and a...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Mon, 02 Nov 2009 09:06:52 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/cit+group.html"><![CDATA[CIT Group]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">CIT</category>
		<category domain="tickers">CIT</category>
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		<title><![CDATA[Is This the End of 'Too Big to Fail'?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F169559-is-this-the-end-of-too-big-to-fail%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  The WSJ reports:   WASHINGTON -- A deal between the Treasury Department and a key House Democrat would give the government sweeping new powers to police the country's largest financial companies, including the ability to seize and break up failing companies and order large firms...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Wed, 28 Oct 2009 11:21:24 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/american+international+group+inc..html"><![CDATA[American International Group Inc.]]></category>
		<category domain="http://resources.bnet.com/topic/citigroup+inc..html"><![CDATA[Citigroup Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">AIG</category>
		<category domain="http://rss.financialcontent.com/stocksymbol">C</category>
		<category domain="tickers">AIG,C</category>
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		<title><![CDATA[Goldman Dissembling: Dark Pools et al]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F169272-goldman-dissembling-dark-pools-et-al%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  Now comes Goldman GS with yet another pack of misdirection:   Goldman told the Securities and Exchange Commission that computer-driven trading and an increase in stock transactions that occur off public exchanges has reduced consumer costs, increased competition and brought more liquidity to markets. by...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Tue, 27 Oct 2009 02:30:04 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/goldman+sachs+group+inc..html"><![CDATA[Goldman Sachs Group Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">GS</category>
		<category domain="tickers">GS</category>
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		<title><![CDATA[Mathematical Realities Will Trump the Dollar]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F168536-mathematical-realities-will-trump-the-dollar%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  I have been on a potential dollar dislocation - or collapse - for more than two years.  Indeed, back in the fall of 2007, it was one of the themes of petitions to Congress and letters I sent under personal cover to all 535 members....]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Fri, 23 Oct 2009 10:02:35 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
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		<title><![CDATA[Rolling Stone's Taibbi on Naked Short Sales: Close but No Cigar]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F168192-rolling-stone-s-taibbi-on-naked-short-sales-close-but-no-cigar%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  Matt Taibbi once again writes in Rolling Stone, this time on naked short sales, and while he gets a good part of the issue right, he and many others who have opined on this situation over the years misses the forest for the trees.  ...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Thu, 22 Oct 2009 10:08:41 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/goldman+sachs+group+inc..html"><![CDATA[Goldman Sachs Group Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">GS</category>
		<category domain="tickers">GS</category>
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		<title><![CDATA[Banks and Delinquent Borrowers: The Chickens Are Coming Home to Roost]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F166230-banks-and-delinquent-borrowers-the-chickens-are-coming-home-to-roost%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  We got a little problem here.....   A progress report released last week by the Treasury Department showed that only 11 percent (about 95,000) of Bank of America's BAC delinquent borrowers who were potentially eligible for the program had been given a loan modification. That...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Tue, 13 Oct 2009 06:52:09 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/bank+of+america+corp..html"><![CDATA[Bank of America Corp.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">BAC</category>
		<category domain="tickers">BAC</category>
	</item>
	<item>
		<title><![CDATA[Alcoa Kicks Off Earnings: Some Numbers That Don't Add Up]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F165540-alcoa-kicks-off-earnings-some-numbers-that-don-t-add-up%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  An interesting, mostly-positive earnings report - with a few unexplained quirks.....   Let's dig in a bit and see what we got (the aftermarket loved it!) by Karl Denninger]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Thu, 08 Oct 2009 08:15:57 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/materials+%2526+industrials.html"><![CDATA[Materials & Industrials]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/alcoa+inc..html"><![CDATA[Alcoa Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">AA</category>
		<category domain="tickers">AA</category>
	</item>
	<item>
		<title><![CDATA[Why Banking Is Insolvent]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F163961-why-banking-is-insolvent%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Karl Denninger submits:  Following up on the quick mention now that I have a story to cite from Amherst:     Cure rates for these distressed loans remain low. Amherst noted a near 0% cure rate of all loans in foreclosure, 0.8% for 90 plus days delinquent,...]]></description>
		<s:doctype><![CDATA[External links]]></s:doctype>
		<pubDate>Tue, 29 Sep 2009 12:02:09 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/karl+denninger.html"><![CDATA[Karl Denninger]]></category>
		<category domain="http://resources.bnet.com/topic/fannie+mae.html"><![CDATA[Fannie Mae]]></category>
		<category domain="http://resources.bnet.com/topic/freddie+mac.html"><![CDATA[Freddie Mac]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">FNM</category>
		<category domain="http://rss.financialcontent.com/stocksymbol">FRE</category>
		<category domain="tickers">FNM,FRE</category>
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