Property Owners Lost $3.3 Trillion in 2009
The Housing market took quite the hit in 2008: “The U.S. housing market lost $3.3 trillion in value last year and almost one in six...
Life Inside Lehman Brothers
WSJ’s Dennis Berman and Peter Lattman discuss the latest at Lehman Brothers, where job stability has become surprisingly...
Special Report – New York City Foreclosures
Delinquencies in NYC Were Rising Until Late Last Summer When New NY Law Took Effect; Defaults Return as Moratoriums Wore Off in...
My Favorite Superbowl Videos
These are my 5 faves from last nite: 1. Hulu: You can pcik either of these as a tie: 2. Bridgestone: Taters 2. Bridgestone: Jump 3. Coke:...
Goldman’s Rescue Plan ?
I understand that Goldman representatives met with senior staff of Senate Banking, House Financial Services, the Joint Economic Committee...
Recession, Rescue & Fixed Income
Analysis by Nick Stamenkovic of Ria Capital Markets Bloomberg, February 02, 2009
Cell Phone Spending Passes Residential Phone Services
I find this data point from the BLS rather intriguing: In 2001, the ratio of spending on residential phone services to spending on...
Market Holding Up (or Not)
Despite the ugly futures this morning, Nasdaq is in the Green, S&P about to go green, and the Dow has cut most of its losses . The...