That headline is a bit of an exaggeration. So what is the quality of the collateral willing to be accepted by the new Term Securities...
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Today’s chart porn is off of the most interesting article I read in today’s NYTimes: In Europe, Central Banking Is Different....
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courtesy of WSJ > The Fed’s effort to bail out the credit crisis and Housing crash has run into an odd problem: Despite cutting...
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Is the Fed out of bullets? I wonder: "When an asset like real estate becomes overvalued, even if you drop interest rates...
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Interesting academic work on Housing Prices, Monetary Policy, and Subprime issues from Stanford’s John B. Taylor. ...
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What is funnier than this, I cannot imagine. My sides ache from reading it. (Dear Lord, please make it stop!) To wit: "The lobbying...
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Bill Gross, in the FT, asks some rather intriguing questions late last week: "How could Ambac (ABK), through the magic of its...
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Yesterday, we looked at 5 Historical Economic Crises and the USA. That discussion led to a reader in Norway referring us to this 2005...
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There are lots of things that investors believe which I find perplexing. The Superbowl indicator is one, but the oddest to me is the...
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Last week, we discussed the foolish shift among the monolines from staid Bond insurers to derivative dab blers in Counter-Party Risk. Now...
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