Today’s guest post comes to us via Macro Man — a portfolio manager at a London-based hedge fund, he trades global currencies,...
Read More
> "At the start of the year, profits at banks, brokers and insurance companies were projected to rise 22 percent in 2008,...
Read More
Chris Whalen at the Institutional Risk Analyst asks an interesting question: How Much Capital Does a Bank Need? The short answer: Alot....
Read More
Question: How any idiots does it take to change a light bulb at IndyMac?Answer: 51 > This one is too good to pass up...
Read More
"In 2006 and early 2007, the industry, many analysts and market observers were generally not predicting a downturn in the housing...
Read More
I came across an interesting Fed paper the other day from 2005. It looked at how much subsidy was built into shareholder’s equity...
Read More
Another fun discussion with Henry. As you can see, I have trouble forming an opinion . . . Note: I have a great deal of respect...
Read More
Remember the good old days? Ahhh, a simpler time, when we were repeatedly told that sub-prime didn’t matter, that it was contained,...
Read More
Correct me if I am wrong, but I do believe Robert Steel of Wachovia owes a royalty payment to John Thain of Merrill Lynch. Why? For for...
Read More
"DESERVES to go belly up" seems to be our latest new series, but its not. Instead, this is the 2nd — and hopefully last...
Read More