Archive - May 30, 2009

Tyler Durden's picture

Saturday Readings





  • Commercial Real Estate - The economy's anvil (Time)
  • First ever global housing-led recession (Dr Housing Bubble)
  • Ralph Nader: Obama's GM plan looks like a raw deal (WSJ)
  • GM
 

Tyler Durden's picture

Roubini On The Failure To Predict Financial Crises





A very insightful video from the Perimeter Institute in which Nouriel lectures on his interpretation of the lack of vision of bubble participants, as well as the implicit bubble-creation facilitation by regulators and economists.

Definitely worth watching.

 

Tyler Durden's picture

Overallotment: May 29





  • Pravda, yes, Pravda: American capitalism gone with a whimper (Pravda)
 

Tyler Durden's picture

FDIC's Deposit Insurance Fund Reserve Ratio Plunges To 0.27% Of Deposits





The FDIC's Deposit Insurance Fund has plunged to an all time low of just $13 billion as of March 31, or 0.27% of $4.8 trillion in insured deposits. It is worth nothing that since March 31, 15 new banks have failed which includes the biggest one so far this year, BankUnited (which Marla has a special fondness for in her heart and will be providing some ongoing entertainment on).

 

Tyler Durden's picture

FDIC's Deposit Insurance Fund Reserve Ratio Plunges To 0.27% Of Deposits





The FDIC's Deposit Insurance Fund has plunged to an all time low of just $13 billion as of March 31, or 0.27% of $4.8 trillion in insured deposits. It is worth nothing that since March 31, 15 new banks have failed which includes the biggest one so far this year, BankUnited (which Marla has a special fondness for in her heart and will be providing some ongoing entertainment on).

 

Tyler Durden's picture

FDIC's Deposit Insurance Fund Reserve Ratio Plunges To 0.27% Of Deposits





The FDIC's Deposit Insurance Fund has plunged to an all time low of just $13 billion as of March 31, or 0.27% of $4.8 trillion in insured deposits. It is worth nothing that since March 31, 15 new banks have failed which includes the biggest one so far this year, BankUnited (which Marla has a special fondness for in her heart and will be providing some ongoing entertainment on).

 

Tyler Durden's picture

RIEF Underperforms S&P 4.72% In May, 31.81% Since March





As the title implies, the siege on Jim Simons fort has entered the endspiel: (g)RIEF has now underperformed the S&P 500 by 31.81% since the beginning of March.

Time to go gentle into that good, if cigarette smoke filled, night?

 
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