Archive - May 10, 2009
Wanda Sykes Shines Some Light
Submitted by Tyler Durden on 05/10/2009 23:20 -0500The roasting is to be expected, the seating of CNBC propaganda machine Jim Cramer next to chief of staff and apparent media liaison Rahm Emanuel (fwd to 7:02 and 10:47) not so much, although not that very surprising.
[youtube=http://www.youtube.com/watch?v=zmyRog2w4DI&hl=en&fs=1]
hat tip a a
Deutsche Bank's Socialization Of Risk Culture Redux
Submitted by Tyler Durden on 05/10/2009 16:43 -0500Deepak Moorjani shares the below letter, which initially appeared in NYT's DealBook, but subsequently was taken down for reasons known, and now only a big gaping 404 hole remains in its place (http://dealbook.blogs.nytimes.com/2009/04/16/another-view-deutsche-banks-culture-of-risk/).
Weekend Reading
Submitted by Tyler Durden on 05/10/2009 15:58 -0500- Must-watch panel from Milken conference: Milken, James Walker, Steve Tananbaum, Stephen Nesbitt, David Malpass (Milken Institute)
- Words from the (investment) wise (The Big Picture)
- BlackRock has become Fed's go to firm (Bloomberg)
- An offer you can't refuse (
Weekend Reading
Submitted by Tyler Durden on 05/10/2009 15:58 -0500- Must-watch panel from Milken conference: Milken, James Walker, Steve Tananbaum, Stephen Nesbitt, David Malpass (Milken Institute)
- Words from the (investment) wise (The Big Picture)
- BlackRock has become Fed's go to firm (Bloomberg)
- An offer you can't refuse (
The Chrysler CDS Question
Submitted by Tyler Durden on 05/10/2009 14:17 -0500There has been some media and political debate lately over who if any entities may have profited from a Chrysler bankruptcy due to CDS holdings. As is often the case, when you get the mainstream media entering the ever so slightly more complex world of CDS contracts, many of the theories that develop have the same "logic" that is underpinning the current market rally.


