More Foreclosures, Please . . .
I have been dismayed about the latest actions out of Washington and Wall Street. The banks are now pushing all manner of mortgage mods...
Homework Assignments for Monetary Policymakers
Vice Chairman Donald L. Kohn At the Cornelson Distinguished Lecture at Davidson College, Davidson, North Carolina March 24, 2010 * 50 KB...
Post # 13,000
Last night, I published this blog’s 13,000th post. I am apparently in desperate need of a hobby . . .
Wednesday Reads
Busy day (again) Here is what I saved for later in terms of reading material: • Short Sellers Do Work of Cops on Doughnut Break ...
The New Governance Environment for Financial Institutions
I will be speaking later today, along with Josh Rosner of Graham Fisher and Chris Plath of Moody’s (!) at The New York Society of...
5 yr note auction not good, is sea change upon us?
With the backdrop of a 5 yr note yield at the highest level since mid Jan, the 5 yr auction was not good and the higher yield was still...
Business Booms and Depressions Since 1775
Here is a fascinating piece of investing arcana — from the St. Louis Fed FRASER archives. A history of booms and busts from 1775-...
Jon Corzine to MF Global
Former New Jersey Governor Jon Corzine is back on Wall Street as the new chairman and CEO of MF Global. Airtime: Wed. Mar. 24 2010 | 7:05...
Has Home Affordability Peaked?
We looked at the issue of home affordability as measured by the National Association of Realtors in July 2009. As always, the indices for...