During Friday’s live blogging of the Bear Stearns collapse, I casually mentioned their HQ. In the heat of the moment, I said...
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Almost overlooked in yesterday’s mess was the CPI data. It was a classic: "Consumer prices were forecast to rise 0.3 percent,...
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OMG: This is simply too funny at 2:17 pm: Standard & Poor’s cut some of its credit ratings on investment bank Bear Stearns...
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Broker’s trading exposures to Carlyle Capital’s soon to be defaulted fund — rumored to be leveraged at an astonishing...
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Yet another shoe(s) has dropped, as several large hedge funds imploded, leading to global bourses being pressured overnight. According to...
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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...
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He discusses borrowed reserves versus equity, and coming bank failures: >
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>"The Federal Reserve’s actions today may have been strongly influenced by Bear Stearns’ problem."-Dick...
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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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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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