>"More than 30 percent of borrowers with subprime adjustable- rate mortgages are behind on their payments before their loans...
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Foreclosures continue to tick higher, reaching all sorts of nasty levels in Q3, climbing to 20 year highs: "The rate of homeowners...
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Today’s chart-porn is this depiction of the tightening credit cycle from a front page NYT article. The chart itself was too...
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A tale of two headlines: Inflation Fears Hit Eurozone and Goldman Sees Funds Rate Cut to 3%...
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(Alt title: Move over FASB 157 — FIN46-R is in town). While investors of banks and brokers breathe a sigh of relief over the...
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Abu Dhabi to the Rescue! Late last night, the WSJ reported Citigroup will receive a $7.5B cash infusion from the governmental investment...
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Its travellin’ time, as most traders are en route back from where they were for Turkey day. For those of you left behind,...
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Front page of the WSJ this morning discussing what readers here will recognize as retty old news: A boatload of 2/28 APR mortgages are...
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Apropos of our last post, a dozen of you (1st in: Scott Frew of Rockingham Partners) directed our attention to David Einhorn’s...
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> “How could the credit-rating agencies be so wrong consistently? [They were] wrong on Mexico, wrong on Asia, wrong on Enron, wrong...
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