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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From the author of The Long Emergency, comes this just about perfect summation as to the present situation: “Last week’s...
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Don’t leave home without it . . . Hat tip: Thanks, G!
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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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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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An amazing conference call with Countrywide Financial (CFC), the largest US mortgage underwriter. It was beyond ugly. Here are some...
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Interesting chart from Mike Panzner of an "enhanced money market fund" that — allegedly — used subprime-related...
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