Nothing really surprises me anymore. I may shake my head in disgust and wonder — Eliot Spitzer’s horrific judgment, or the...
Read More
During Friday’s live blogging of the Bear Stearns collapse, I casually mentioned their HQ. In the heat of the moment, I said...
Read More
Almost overlooked in yesterday’s mess was the CPI data. It was a classic: "Consumer prices were forecast to rise 0.3 percent,...
Read More
OMG: This is simply too funny at 2:17 pm: Standard & Poor’s cut some of its credit ratings on investment bank Bear Stearns...
Read More
LIVE BLOGGING BEAR STEARNS: (in reverse chronological order) ~~~ 5:00pm Final Price: $30 even, down -27.00 (-47.37%) ...
Read More
Broker’s trading exposures to Carlyle Capital’s soon to be defaulted fund — rumored to be leveraged at an astonishing...
Read More
Yet another shoe(s) has dropped, as several large hedge funds imploded, leading to global bourses being pressured overnight. According to...
Read More
This is the best explanation I have seen as to why the Fed set up the TSLF, and allowed it to accept less than stellar paper: "The...
Read More
source: Bloomberg > It’s only one man’s opinion, but Freddie Mac Chief Executive Office Richard Syron had some rather...
Read More
> "This product was meant to help people do construction on their house, [and] do debt consolidation — not to take out...
Read More
