Since its Spring . . . via Sly Oyster
Dow = 11,000. Discuss.
Go figure — Over the past 13 months, the Dow has regained nearly 4500 of the 5000 points it shed in the six month following the...
Bank Runs in Greece Trigger Needed “Hunkering Down.”
Intensifying bank runs are the catalyst that will successfully test the mettle of the Greeks and the euro zone. A Greek version of Lehman...
Declining Bailout Costs or Bad Math ?
There is a bizarre article in this morning’s WSJ. It declares that the bailouts will cost less than initially feared. It is notable...
Oh yeah, we forgot the details/China news too
We finally got what was missing from last month’s agreed upon EC and IMF backstop for Greece, which are the details and an...
FDIC Bank Failure #42
Its the weekend, and you know what that means: FDIC closing another failed bank. We are on pace to beat last year’s total by 10%....
Apprenticed Investor: Bull or Bear? Neither
This was originally published ~5 years ago, on April 26, 20005 – 07:20 AM at TheStreet.com. In light of some of the pushback to...
The Magnetar Trade
Former WSJ reporter Jesse Eisinger teamed up with author and reporter Jake Bernstein at ProPublica.org. They spent 7 months investigating...
The Magnetar Trade: How One Hedge Fund Helped Keep the Bubble...
Jesse Eisinger and Jake Bernstein, ProPublica – April 9, 2010 1:00 pm EDT ~~~ In late 2005, the booming U.S. housing market seemed...