The big 3 credit ratings firms seem to have missed nearly every major crisis, collapse, bankruptcy and default of the past few decades....
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Very nice comments from the WSJ today: “Every addict has to have his or her fix, and for Wall Street junkies obsessed with bonuses,...
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In likely weather related noise, Initial Jobless Claims totaled 496k, 36k higher than expected and up from a revised 474k last week....
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The Warner Bros. annual blooper reel for 1936. Featuring Humphrey Bogart, Joe E. Brown, James Cagney, Bette Davis, Kay Francis, Leslie...
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Jan Durable Goods rose twice expectations at the headline level, up by 3% but ex transports they fell by .6% vs an expected gain of 1%....
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Moody’s followed S&P yesterday in warning Greece that a downgrade or 2 may be forthcoming in a few months if they...
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Jan Durable Goods rose twice expectations at the headline level, up by 3% but ex transports they fell by .6% vs an expected gain of 1%....
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And speaking about not understanding what caused the bear market, we have this recent SEC action: “The Securities and Exchange...
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Oh, and adios muchachos can be heard here. Source: Weak New Home Sales Report Least of Housing’s Problems, Barry Ritholtz Says...
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And speaking of nuance: Too many reporters still don’t seem to fully understand what killed Lehman, AIG, Bear, etc. Paragraphs like...
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