Threading the Needle
Fed Pres Lockhart in a speech a few hours ago in Paris is summing up well what is the growing angst in the markets that the Fed is sowing...
Stock markets – keep an eye on confidence measures
Stock markets – keep an eye on confidence measures It is important that confidence be restored for the recent stock market gains to be...
Rolling Stone: “The Big Takeover” — AIG...
If you have not done so, read MATT TAIBBI’S excellent piece in Rolling Stone on the political implications of the bailout: The Big...
Buying Toxic Assets with Bailout Money
The NYPost reports the two biggest banking wrecks, CitiGroup amnd Bank of America, have been aggressively buying toxic assets with...
SBC Hearing on “Modernizing Bank Supervision and...
Here is video and statements from the Senate Banking Committee hearing on “Modernizing Bank Supervision and Regulation, Part...
Andrew Ross Sorkin, Paul Krugman and Joe Nocera
An update on the economy Part I Daniel Alpert is a managing director of Westwood Captial and Thomas F Steyer is Co-Managing Partner of...
Citi’s Upside-Down Family Tree
Fascinating chart from Citigroup, showing its history from 1812 (City Bank of NY) to present, including all of the various acquisitions,...
In-Depth Look – Housing Market
An interview with David Crowe of the National Association of Home Builders talking about the housing market. A pleasure to hear an honest...
Chinese Holdings Of U.S. Assets
From BCA: China currently has about 64% of its foreign reserves in U.S. assets, a level that has declined gradually from as high as 84%...