Latest Bailout Plan Spin: Its a Money Maker!
Most people are unfamiliar with the evolution of financial management over the years. It began as a clubby old boys network, who you knew...
Gross to Manage TARP for Free ?
Mr. Gross said there was nothing wrong with that advocacy because Pimco had no official role in formulating the plan to rescue Fannie Mae...
Faber: Fed Acted Like a Liquidity Drug Dealer
Faber calls out the Fed for their responsibility in the current crisis: click for video Excerpt: Liquidity will dry up even more,...
Bloomberg: Blame the Ratings Agencies (Part I)
Huge special investigation in two parts from Bloomberg — its a must read: Frank Raiter says his former employer, Standard &...
Paulson Plan Wlll Set New National Debt Records
Some ugly details emerge about the cost of the Paulson/Bernanke plan in terms of cost. It will be hugely expensive: Treasury...
“A Few Good Bond Traders”
Another one bouncing around trading desks: "Son, we live in a world that has bonds and those bonds need to be bought by men...
A Simple Explanation of What Went Wrong
I read this interesting Brookings paper yesterday, titled "A Brief Guide To Fixing Finance." The most intriguing part of the...
GE, IBM on “Do Not Short” list?
General Electric has managed to weasel its way onto the DO NOT SHORT list. This answers the question many people have been asking for...
Home Sales Drop 10.7%
The good news is, the pace of the Housing slow down is now decelerating. The bad news, there is no bottom in sight. And seasonally, we...