FASB Bombshell: FAS 140 to Eliminate QSPEs
The "qualified special-purpose entities" (QSPE) — those not unlike Enron-style SPVs in which many leveraged financial...
More Financial Turmoil
For the past year, we have been advising investors to steer clear of the Finance sector. As we noted yesterday, Lehman was in the market...
Bernanke: Rates Are Well Positioned to Spur Growth
Bernanke Says Rates Are `Well Positioned’ to Spur Growth click for video Excerpt: Federal Reserve Chairman Ben S. Bernanke signaled...
Uh-Oh: Economist Cover on Oil
Painful though it is, this oil shock will eventually spur huge change. Beware the hunt for scapegoats Cover art courtesy of The...
Saut: No Bottom in Financials, Housing
Jeffrey Saut, chief investment strategist at Raymond James & Associates in St. Petersburg, Florida, talks about the outlook for...
Corporate vs Personal Income Taxes
The Sunday NYTimes has an interesting commentary from Harvard prof Greg Mankiw on Corporate taxes: Compared with other ways of funding...
Total Fed Lending to Depository Institutions
Via Ambrose Evans-Pritchard, comes this chart: Wow! Total Borrowings of Depository Institutions from the Federal...
Financial Sector: Beware LEH, CIT
Every day, we run a series of screens, large and midcap, buys & sells, breakouts and breakdowns. Today, our Large Cap Sell Screen...
Financial Sector: Beware LEH, CIT (REPOST)
Note, this is a repost — the original (with comments) is the next post (Financial Sector: Beware LEH, CIT ») but or some reason...
California: Buy One House, Get One Free
Via L.A. Land, comes this fabulously surprising advert: > click for ginormous version: > Source:In Escondido: Buy one (house), get...