That headline is a bit of an exaggeration. So what is the quality of the collateral willing to be accepted by the new Term Securities...
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5 Day Dow Jones Industrials, 3 minute chart ~~~ Perfect timing by the Fed in their surprise, $200B lending: As we have noted recently,...
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JD, a long time Big Picture reader (and GP of the Gryphon Fund) writes in:> When reality is shockingly unpleasant, the market...
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While I believe Bear has lots of troubles, I am not ready to declare them a zero. Follow this course of events: First, Lehman Bros was...
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For the first time ever, I am on the front page of Sunday New York Times (and above the fold). The really cool part is I didn’t...
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Why am I not at all surprised about this? "The Federal Bureau of Investigation is probing subprime lender Countrywide Financial...
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I love these comments, coming from a pair of clever traders in the UK: Rumour of second bail out rumour coming in Ambac. Word is that...
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The Fed just released the Balance Sheet of Households for 2007 Q4. It shows home owners equity as a percentage of household real estate...
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The hallucinogenic spin-meisters over at the National Association of Realtors are once again, misstating what their own data indicates:...
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Riddle Me this Batman: Over the past 2 months, we have seen at least 3 rallies predicated on the rumor of an Ambac (ABK) rescue...
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