Have a look at this run of transactions in the stock of Ambac (ABK) on Friday: > Source: Bloomberg Data Services >Here’s why...
Read More
Why am I not at all surprised about this? "The Federal Bureau of Investigation is probing subprime lender Countrywide Financial...
Read More
A quick post before I head over to CNBC: Two NYT articles caught my eye this morning on the theme of consumer bankruptcy: •...
Read More
Today’s WSJ had a run of Real Estate related articles that quite frankly, were rather surprising in their gentle naiveté. The...
Read More
From Tuesday’s WSJ: "In an acknowledgment that the system it used to rate billions of dollars of mortgage-related securities...
Read More
Every now and again, a potentially significant story manages to slip through the cracks, barely noticed by anyone. A recent Dow Jones...
Read More
