Can the Fed Save the (Financial) World?
Roger Altman, former deputy secretary of the Treasury, thinks so: "Today, regulatory authority is divided among the Federal Reserve,...
Market Monopoly
A bonus Friday afternoon guest post via Macro Man — a portfolio manager at a London-based hedge fund, he trades global currencies,...
SEC Proposal: Abandon US Accounting Rules
What this country really needs is less tranparency in earnings reports, and more wiggle room for corporate reporting: click for video...
Fannie Mae Shake Up
Too little, too late? Fannie Mae shook up its senior management in a move it said was designed to "drive" the mortgage...
Coming Soon: $100 Billion in Difficult Bank Refis
A quick note before the day starts: Both the WSJ and Bloomberg have been noticing the big slug of cheap bank debt due to be...
Disney Organizational Chart
A perfect late Friday afternoon bit of mischief: The Walt Disney (emphasis on Walt!) Organizational Chart: via Flowing Data
Analysts’ Profit Forecasts: Worse Than Ever!
> "At the start of the year, profits at banks, brokers and insurance companies were projected to rise 22 percent in 2008,...
IndyMac Swift Boaters Strike Back!
Question: How any idiots does it take to change a light bulb at IndyMac?Answer: 51 > This one is too good to pass up...
His Name is Mudd
"In 2006 and early 2007, the industry, many analysts and market observers were generally not predicting a downturn in the housing...
