David Einhorn on Credit Agencies
Apropos of our last post, a dozen of you (1st in: Scott Frew of Rockingham Partners) directed our attention to David Einhorn’s...
Fannie Mae: Ouch!
On Friday, we noted that Fannie Mae Looks Like Hell. In the weekend linkfest, we noted the Fortune article about Fannie Mae, as well as...
S&P 500 Profit Flips Negative for Q3
This slipped by quietly last week: Standard & Poor’s U.S. corporate earnings projections for Q3 has slipped from prior levels,...
Wall Street Definitions, via Jeff Matthews
We have previously mentioned our fondness for the acid tongue of Jeff Matthews (see 2005’s Why We Love Jeff Matthews). With...
GS: Our Bonus Pool is Bigger than Bear Stearns’ Market...
Today’s chart porn is this lovely, lovely NYT showing of why Goldman Sachs is Da Man!, and everyone else on Wall Street are...
Fannie Mae Looks Like Hell
Fannie Mae’s fuzzy math: Fortune magazine reported that the lender changed the way it discloses bad loans, which could be masking...
Why Thain Over Fink?
Here’s something you may not have heard: The surprise selection of NYSE CEO John Thain as Merrill’s new CEO over the more...
FASB 157 — Delayed, or Not?
On Monday, a rumor was circulating that FASB Rule 157 was going to be delayed. This helped to power markets higher. We will save...
Countrywide Led Mortgage Cos in Risk Taking
Some more chart porn for you Countrywide (CCF) fans: Note the outsized-risk Countrywide was taking as insiders were dumping shares...
Financials: Worse than they look?
On Tuesday, we wondered aloud what the S&P500 might have looked like had the true nature of the Financial sector’s true...