Disconnect
Today, we are going to go to Bill King, a long time observer of the stock markets. Bill writes the daily “Independent View of the...
Snow, Bies, Poole, Mobius, Faber Discuss U.S. Economy
click for Video: Bloomberg: Former Federal Reserve officials William Poole and Susan Bies said it wouldn’t be wise for policy...
Rhodes of Citigroup Says Credit Crisis `Half Way’ Over
click for video William Rhodes, vice chairman of Citigroup about the outlook for the U.S. economy and financial markets, trade policy and...
Nobel Laurelates on the Economy
CNBC had three Nobel winners on Friday morn — Joseph Stiglitz, Robert Engle and Edmund Phelps — discussing Housing, Credit,...
Report on UBS’ $37 Billion Writedown
Kids, we have some fascinating reading in store for you this weekend. The "conservative" Swiss banking giant UBS — and I...
Bagehot’s Lessons for the Fed
Apropos to our earlier criticism of the US Central Bank is this piece by Stanford prof Ronald McKinnon, titled Bagehot’s Lessons...
Unrealized Level 3 Gains
If it weren’t for the large non- cash profits on "hard-to-value" holdings, Goldman Sachs (GS) wouldn’t have had...
Must Read: Triple-A Failure
Do-not-walk-run to read Roger Lowenstein’s piece coming out in this Sunday’s NYT Magazine about the rating agencies, titled,...
Is The Worst of the Credit Crunch Behind Us?
One of the more common refrains we keep hearing is that the worst of the credit crisis is behind us. Not only that, but banks have...