Memories, Light the Corners of My Mind
“Memories, like the corners of my mind. Misty water colored memories, of the Way We Were,” sang Barbra Streisand and...
Andy Xie: New Bubble Threatens a V-Shaped Rebound
Former Morgan Stanley Analyst Andy Xie explains why this will not be a regular cyclical recovery following the credit collapse and great...
1 in 8 US Mortgages Falling Behind
This is an astonishing number: “A survey found that one in eight U.S. households with mortgages was in foreclosure or behind on its...
JD Power quantifies the impact of the Clunker program
J.D. Power and Associates today is quantifying in their estimation the impact on auto sales this year due to the clunker program and the...
AIG Unlikely to Payback Bailout $ This Century
Let’s not mince words: AIG is on the hook for $182.5 billion dollars to the taxpayers. And it high-grade, enzyme-free manure to...
Bob Novak (1931-2009), The Last Reporter
My father Richard Whalen was a long time friend and contemporary of Robert Novak, whose funeral is tomorrow in Washington. I knew Bob...
1 In 3 Chance You’ll Have Negative Home Equity
Foreclosure rates in the U.S. remain near record highs. More than 13% of American homeowners with a mortgage are either behind on their...
Securtizing Goldman’s Bonuses
Zero Hedge has this hilarious offering memorandum of GS’ bonus pool this year: > click for larger, readable version
China Syndrome Puts Wall Street On Defensive
China’s efforts to curb asset inflation undercuts Shanghai Composite, spreads weakness to U.S., Barrons.com’s Bob O’Brien: