David Blitzer, managing director and chairman of the Index Committee at Standard and Poor’s, discusses the latest S&P/Case...
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My last Merrill post until the next big writedown (or investigation / indictment): The Merrill sale involved "U.S. super senior ABS...
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An active trader pointed us to this very familiar looking off-balance sheet shenanigan found in the following paragraph regarding...
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“Most global stock indexes have decisively broken below their 200 week moving averages, which is a major trend reversal. The...
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"We’re going to see continued declines in house prices, much more so in problem areas. The decline in home prices, while...
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A brief review of recent Merrill CEO statements: 1. We don’t need capital; 2. We could use some capital, but we won’t sell...
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I’m on an earlier than usual train home today, to take the missus out to dinner (she just flew back into NY today). Change at...
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U.S. stocks fell and the Dow Jones Industrial Average lost more than 200 points for the second time in three days after the International...
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