Why Australia is Insulated From US Sub-Prime Woes
Since its the last day of the trading week, how about a little humor from down under? > Clarke and Dawe: the comic duo you can bank...
Bear Stearns Paraphernalia on eBay
More gallows humor from the usual crowd — this time, with a motherlode of Bear Stearn’s mementos on eBay. >click for more...
S&P Report on Subprime Write-downs
While there is plenty of blame to go around in the entire banking debacle, let’s not forget who the key enablers were: The rating...
Is This The Real Price?
This is circulating trading desks via email: SING TO THE TUNE OF ‘BOHEMIAN RHAPSODY’ BY QUEEN Is this the real price?Is this...
Housing Bust Blame Game
Back in August of 2007, we looked at the The Ongoing Impact of the Housing Sector. At the time, I had assigned blame for all...
Housing: US vs Japan
What an odd OpEd in today’s NYT. Its value is the accompanying chart (below) but the rest of it is, how can I politely phrase...
Chart(s) of the Day: Bear Stearns & Lehman Bros
Uh-oh: The two of these charts — both have been on a sell signal for weeks — seem to be trading about a day apart: >Lehman...
More thoughts on the Fed & JPM’s BSC Liquidation
Anyone get a great night sleep? Not me. I kept waking up, mind racing, thinking about what all this means going forward. I have Kudlow...
Two Dollars/share, or an “Orderly Liquidation” ?
You call this a rescue? Bear Stearns Cos. reached an agreement to sell itself to J.P. Morgan Chase & Co., as worries grew that...