(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...
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This bit of humor has been circulating around Wall Street the past few days: Investment Dealers are excited to announce the newest...
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A few items worth passing along this morning: The "contained" housing slowdown, and the "contained" subprime...
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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...
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On last night’s Kudlow & Company, I took some heat for my criticism of David Malpass’ ill-timed WSJ Op-Ed (The...
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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...
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The following comes from a major U.S. mortgage writer. It is typical of what has been going on in the mortgage business over the past few...
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"Chutzpah" (חֻצְפָּה) is a Yiddish word. It is defined as brazen audacity to the nth degree. It is used to...
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There were a couple of great graphics in the New York Times recently, explaining in some degree of detail, the machinations of the RMBS,...
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Earlier today, I mentioned an example of the wrong analysis/right investment posture. Here’s a perfect example of that: Last...
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