Is Your Senator a Bankster?
The one main benefit to the financial reform effort so far is that it helps further do away with the false paradigms of...
March Consumer Credit rises led by auto’s
March Consumer Credit unexpectedly rose by $2b and Feb was revised to a decline of $6.2b from the initial reading of -$11.5b. It’s...
Oil Spill and the Municipal Bond Market
May 6, 2010 John Mousseau is a portfolio manager and heads the tax-free Muni section of Cumberland. He is a member of the Management...
High-Speed Trading Glitch ?
NYT: One official said they identified “a huge, anomalous, unexplained surge in selling, it looks like in Chicago,” about 2:45 p.m....
AIG Fires Goldman Sachs (Payback is a Bitch)
The NYT is reporting that A.I.G. has dismissed Goldman Sachs as an advisor: “A.I.G., the insurance giant that planned to retain...
Art Cashin on NYSE, Cancelled Orders
Art Cashin is head of floor operations at UBS. He has been reporting from the trenches for decades, and puts out daily color on the...
“Bonds are for Losers” Revisited
When Dave Rosenberg and Jim Grant squared off for a debate — dubbed “Bonds are for Losers” — in late March, the...