From the author of The Long Emergency, comes this just about perfect summation as to the present situation: "Last week’s stock...
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Another good piece from the public WSJ on "How Credit-Market Tremors Have Affected Junk Bonds, LBOs and Hedge Funds." Its...
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How awesome is this info-porn of the Residential Mortgage Backed Securitization process via Credit Suisse? This puts into context exactly...
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The Dow is off 395 points as I type this. There will be some short covering shortly, and a rally attempt. But what I want to address is...
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Earlier today on Real Money’s columnist conversation, Tony Crescenzi noted earlier that "It would be extraordinarily unusual...
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What is the inter-relationship between Housing, LBOs & Stock Buybacks? Last month, I noted 6 reasons why rising yields were a threat...
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Interesting chart from Mike Panzner of an "enhanced money market fund" that — allegedly — used subprime-related...
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A very short history of how we got here: All of the turmoil in the CDO, hedge fund, and subprime space has come about due to a very...
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That’s a quote from Charles Gradante of hedge-fund consultant Hennessee Group. The only question is how far this thing is going to...
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We recently looked at how Retail was doing. Given the noise yesterday from Home Depot (HD) and Sears Holdings (SHLD), warning about poor...
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