Wednesday, October 31, 2007

Well, short help is better than no help at all

›
Well the 204 readers who voted for a 25bps cut got it right. Prior to today's announcement, the market was widely expecting another cut...
5 comments:
Monday, October 29, 2007

Countrywide Profits: Difficult to See

›
Countrywide's surprising announcement on Friday that they expect to be profitable in 4Q and CY 2008 pushed the stock market higher and...
15 comments:
Thursday, October 25, 2007

The Future of CDOs Episode I: Turn her around!

›
We've spent a lot of time talking about the CDO market, mainly because its one of my favorite subjects and its my damn blog. (Click here...
12 comments:
Tuesday, October 23, 2007

I want them alive... No modifications!

›
I've been thinking a lot about loan modifications, which is basically when a bank voluntarily agrees to alter the terms of a loan, and h...
12 comments:
Monday, October 22, 2007

I wonder if your feelings on this matter are clear

›
Interesting last few trading days to say the least. First we had several banks report ugly earnings: Citigroup, Bank of America, J.P. Morgan...
17 comments:
Wednesday, October 17, 2007

Yeah but who's going to fund it kid? You?

›
Some more thoughts on the MLEC... I still like SivieMae, but whatever. According to Bear Stearns, who is the biggest lawyer on Wall Street ...
19 comments:
Monday, October 15, 2007

With our combined strength... Episode Two

›
Several weeks ago I wrote about a hypothetical plan to create a new entity, jointly owned by various banks, to buy some of the "hung b...
35 comments:
Friday, October 12, 2007

In this fund, you will find a new definition of pain

›
How's your bond mutual fund doing this year? Odds are good that if it isn't a Treasury fund, its underperforming the Lehman Aggregat...
19 comments:
Thursday, October 11, 2007

There's no time for sorrows

›
A comment from a couple weeks ago has stuck in my mind, and having thought about it for a while, I wanted to give a more extensive answer. ...
5 comments:
Tuesday, October 09, 2007

Bernanke Shot First

›
The Fed minutes touched off a bear flattener, which tells me the market is decreasing the overall degree of easing and/or the time period t...
9 comments:
Saturday, October 06, 2007

Job Growth? This economy must be hotter than I thought!

›
Non-farm payrolls grew by 110,000 in September , which is probably a bit below the long-term job growth required to keep up with population ...
14 comments:
Friday, October 05, 2007

Non-Residential ABS: No, no problem. Why?

›
A e-mailer asked me about non-residential ABS. This paper has been hit pretty hard, and I agree with the e-mailer who characterized the move...
5 comments:
Thursday, October 04, 2007

This is madness!

›
Spreads on everything except sub-prime stuff has been racing in. And its got me a little nervous that a true mania in credit might develop. ...
15 comments:
Tuesday, October 02, 2007

The Phantom Menace (update)

›
Last week I asked the readership to help me find good papers on the subject of a dollar decline. I thank everyone who sent me a suggested p...
8 comments:
Monday, October 01, 2007

Inflation statistics can deceive you, don't trust them

›
The Big Picture , authored by Barry Ritholtz is one of the most popular investment blogs going, and I often find Barry's work enlighteni...
33 comments:
Sunday, September 30, 2007

He's a card player, gambler, scoundrel. You'd like him.

›
More than a few times when I've told someone what I do for a living, they've scoffed and called me a "professional gambler....
11 comments:
Thursday, September 27, 2007

So this is how democracy dies...

›
I've added a poll on what the Fed will do on 10/31 (right hand side under the Google ad). I'm curious as our collective opinion. I c...
11 comments:

This deal's getting worse all the time!

›
I was going to write a post about the Sallie Mae news , since LBO's have been a common topic on this blog in 2007. But as I started to w...
1 comment: