Its time for me to fess up: I was wrong about John Thain. In the past, I have been critical about some of the comments from Thain....
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Why on earth the FOMC would want to undue any of the work by Treasury with a rate cut?That is the current market bet, that a 25 or even...
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Why on earth the FOMC would want to undo any of the work by Treasury with a rate cut? The whole idea of letting Lehman die is to...
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As Lehman Brothers (LEH) turns into a single digit financial midget on its way to zero, as Washington Mutual (WM) works its way towards a...
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I hope y’all got a good night sleep, cause today is going to be a busy day. Here’s a quick snap of what happened why you were...
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Nouriel Roubini, an economics professor at New York University, talks about the turmoil in financial markets and outlook for the sale of...
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click for updated futures Dow Futures down 294; SPX Futes off 37; Nasdaq off 41; Weak, and heading back towards the lows. > I have a...
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There is a special CNBC program on Lehman tonight, 8-10 PM New York Time. > Holy Shit! Latest Update: Merrill Board voting on $29 per...
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Huge WaPo article on Fannie & Freddie that’s (mostly) worth reading: "Blessed with the advantages of a government agency...
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Asian markets are now open, and nary a Lehman bailout in site. (Nikkei Dow is closed) Before you start congratulating the powers that be...
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