Open Thread: Fed Intervention
Here’s a question which I hope the assembled crew can answer (in a civil tone!) How appropriately or inappropriately has the Fed...
Fed Treads Moral Hazard
I am exceedingly late this morn, but I had to direct your attention to the front page article of the Money and Investing section of the...
Helicopter Drop
Amusing cartoon, via Jim Sinclair: What’s so amazing about this is the following: When the inter-bank rate, set by the open...
Credit Crunch: Global Map
The FT has a wonderful interactive map of the global impact of the credit crisis: click for interactive chart Hat tip: Trading for...
Open Thread: Rescue Me!
(Since I hate embedded sounds, you can play this if you choose: Rescue_Me) >As we noted earlier today, the Fed, along with a slew of...
Constant Obligation Leveraged Originated Structured Oscillating...
This bit of humor has been circulating around Wall Street the past few days: Investment Dealers are excited to announce the newest...
Time to Warm Up The Helicopters?
A few items worth passing along this morning: The "contained" housing slowdown, and the "contained" subprime...
Advice for Rich Uncles and Others . . .
I am going to relate an anecdotal tale that, as far as I can tell, is true. The actual story matters much less than the lessons it...
Open Thread: Bear Stearns
On last night’s Kudlow & Company, I took some heat for my criticism of David Malpass’ ill-timed WSJ Op-Ed (The...
A Short History of the Credit Boom & Bust
Run don’t walk to read the WSJ page one article on How Credit Got So Easy And Why It’s Tightening. > Kudos to Jon and...