What this country really needs is less tranparency in earnings reports, and more wiggle room for corporate reporting: click for video...
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A quick note before the day starts: Both the WSJ and Bloomberg have been noticing the big slug of cheap bank debt due to be...
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Today’s guest post comes to us via Macro Man — a portfolio manager at a London-based hedge fund, he trades global currencies,...
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> "At the start of the year, profits at banks, brokers and insurance companies were projected to rise 22 percent in 2008,...
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Chris Whalen at the Institutional Risk Analyst asks an interesting question: How Much Capital Does a Bank Need? The short answer: Alot....
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Question: How any idiots does it take to change a light bulb at IndyMac?Answer: 51 > This one is too good to pass up...
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"In 2006 and early 2007, the industry, many analysts and market observers were generally not predicting a downturn in the housing...
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I came across an interesting Fed paper the other day from 2005. It looked at how much subsidy was built into shareholder’s equity...
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Another fun discussion with Henry. As you can see, I have trouble forming an opinion . . . Note: I have a great deal of respect...
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Remember the good old days? Ahhh, a simpler time, when we were repeatedly told that sub-prime didn’t matter, that it was contained,...
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