Video: IndyMac CEO Interview on CNBC
An interview on CNBC with IndyMac Bank CEO Michael Perry about company’s Option ARM mortgage portfolio and Federal Reserve’s...
Fed to Lend to Fannie & Freddie
All of our weekend guests finally clear out, we clean up the barbecue remnants. I get a few seconds to sit down to the computer to check...
Manhattanhenge
Those of you in Manhattan today should check out "Manhattanhenge" at 8:23pm: Wikipedia: Manhattanhenge (sometimes referred to...
It’s a Great Time to Be an Investor !
Jeff Saut recently quoted a WSJ article: Memo to investors: This is what you get paid for. Volatility. Stomach-churning drops. Watching...
Talks with Treasury Secretary Henry Paulson on the Dollar
Ron Paul Financial Services Hearing – July 10, 2008 ~~~
Amity Shlaes Does Not Know What a Recession Is
According to Amity Shlaes, Phil Gramm is correct — there is no recession so just stop whining: "Consider what happened this...
Why Barron’s Housing Cover Is So Terribly Wrong
New Home Completions, 1968-2008 click for ginormous chart Major New Home Building Housing expansions since 1968 are marked as a red...
Fed: No Discount Window for FNM, FRE
Go figure: In the midst of a deep selloff, a bullish rumor seems to have been planted that would allow for the rescue of Fannie Mae (FNM)...
Friday Night Jazz: River: The Joni Letters
The most interesting Jazz album I have heard this year has been Herbie Hancock’s tribute disc to Joni Mitchell — River: The...
