He discusses borrowed reserves versus equity, and coming bank failures: >
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>"The Federal Reserve’s actions today may have been strongly influenced by Bear Stearns’ problem."-Dick...
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From one of the comments on our earlier post: Get ready for Monica-Bill redux The Media gorging, raking mucks Oozing glee from all their...
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That headline is a bit of an exaggeration. So what is the quality of the collateral willing to be accepted by the new Term Securities...
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5 Day Dow Jones Industrials, 3 minute chart ~~~ Perfect timing by the Fed in their surprise, $200B lending: As we have noted recently,...
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Here’s the latest work of David Malpass, chief economist at Bear Stearns. You can find it in the romance & fantasy section of...
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Crude futures moved further into uncharted territory, with oil gaining momentum in defiance of a decline in other commodities. Light,...
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>Hey, looks who is today’s Reuters quote of the day: > > Heh heh > Source:INSTANT VIEW: Spitzer apologizes for...
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Marketwatch reported earlier today: Apple Inc. (AAPL) may have finally reached a deal to sell the songs of the Beatles through the iTunes...
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JD, a long time Big Picture reader (and GP of the Gryphon Fund) writes in:> When reality is shockingly unpleasant, the market...
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