Archive - Mar 31, 2009
Is GS Tempting The Interest Rate Black Swan With 1,056% Risk Exposure?
Submitted by Tyler Durden on 03/31/2009 14:19 -0500Last week Zero Hedge posted the most recent (Q4 2008) report from the Office of the Comptroller of the Currency, which among other things, discussed the $9.2 billion bank trading loss in cash and derivatives in Q4.
Is GS Tempting The Interest Rate Black Swan With 1,056% Risk Exposure?
Submitted by Tyler Durden on 03/31/2009 14:19 -0500Last week Zero Hedge posted the most recent (Q4 2008) report from the Office of the Comptroller of the Currency, which among other things, discussed the $9.2 billion bank trading loss in cash and derivatives in Q4.
Porsche Capital LP Gets The Nitrous Boost
Submitted by Tyler Durden on 03/31/2009 11:36 -0500The world's most profitable hedge fund, which also makes luxury cars on the side, just reported its H1 2009 results.
Sun-Times Media Files For Bankruptcy
Submitted by Tyler Durden on 03/31/2009 11:23 -0500Another former media titan hits the dust. Sun-Times Media Group, publisher of 59 newspapers, such as Chicago Sun-Times, Beacon News, Naperville Sun and a lot of weeklies just threw in the towel. CEO Jeremy Halbreich had this to say about this sad conclusion:
Frontrunning: March 31
Submitted by Tyler Durden on 03/31/2009 10:45 -0500- Financial "rescue" package = U.S.
Overallotment: March 30
Submitted by Tyler Durden on 03/31/2009 00:24 -0500- Joe Cassano is going down...
