Archive - Jul 28, 2009 - Blog entry
2 Year Note - No Juice for the Carry Trade
Submitted by Bruce Krasting on 07/28/2009 20:33 -0500The cover rate on today's auction stunk. What rate on this Note would attract the leveraged players? Not 1.08%.
Selling Traditional Marriage Short
Submitted by Benjamin N. Dover III on 07/28/2009 18:41 -0500Now that the SEC has finally taken action to complicate the lives of the vermin known as short sellers, it can turn to the next dire threat to capitalism: gay marriage.
GECC - Is Cash Flow Negative?
Submitted by Bruce Krasting on 07/28/2009 11:08 -0500A question for the Corp.Fin. gurus. What does it mean when Consolidated Ratio of Earnings to Fixed Charges falls below one?
"Fair" Value of the S&P
Submitted by J.D. Swampfox on 07/28/2009 09:27 -0500Richard Ripp compares top-down to bottom-up estimates and concludes that top-down estimates have proven to be more accurate over time.
