Wild day in the pits — DJIA up 213.97, Nasdaq up 46.80 (and over its 200 day moving average!). Crude oil up over $6 intraday,...
Read More
We have a rugby scrum! ProBanks, ProLehman: Dick Fuld (Lehman CEO), Charlie Gasparino (CNBC), Doug Kass (Seabreeze Partners), Thomas...
Read More
From today’s WSJ, we see this critique about the Bear Stearns Bailout from an insider: Federal Reserve Bank of Richmond Jeffrey...
Read More
Kudos to TSCM for moving to flash, rather than that crappy WMP video, they used to use. (Hey Bloomberg! How about you?) I’m told...
Read More
As a follow up to ISM the other day, I wanted to pass along this chart, showing stagnant growth, but a big spike in prices paid: via Jake
Read More
Looks like trouble for the monline duolines. Barring any further capital raise means a AA rating is inevitable: The world’s largest...
Read More
Today’s must read commentary: naked capitalism calls shenanigans on Lehman Brothers illegal leak of an insider memo to CNBC’s...
Read More
"Internationally we’re looking at a 43% inflation rate in food this year," Ed Schafer, US secretary of Agriculture, told...
Read More
Too little, way too late: "Under fire for the high ratings they awarded to subprime mortgage securities, three large credit rating...
Read More
I’m committed to making the blog roll more manageable. To that end, I’ve pulled 3 blogs that are now defunct, and added one:...
Read More