A friend who is a fund manager asked me the following question today: What’s the greater fear, missing a rally, or owning equities...
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> homedebtor n. A homeowner with an extremely large mortgage, particularly one that he or she is unlikely to ever pay off. >...
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The sub-prime problem is Kryptonite to GE. I’ll get to that in a minute, but before I do, a brief review. Last week, I questioned...
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That’s the issue raised by a S&P report on government-sponsored enterprises (GSEs) — Fannie Mae (FNM), Freddie Mac (FRE)...
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Hedge fund manager Scott Frew is a friend and occasional fishing partner. He had a few words to say about this morning’s discussion...
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Interesting chart via a recent IMF report: The chart above comes from Gary E., who also sends along this commentary: Angel...
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Paul A. Volcker on the credit crisis, Greenspan, Bernanke, etc. The rest of the speech touches on Bear Stearns, the Fed’s Mandate,...
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As the credit crunch metastasizes its way through the financial system, its worth recalling its simple origins: The lending of money to...
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Moody’s (MCO) is one of the key enablers in the housing crisis and the sub-prime debacle. Considering the massive damage they are...
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Economists polled by the WSJ see the US in a Recession, sees more problems for Housing, more uncertainty with Credit, and more weakness...
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