Archive - Feb 6, 2012 - Blog entry
Dear Valued Client: Goldman Is Trying Desperately To "Re-package" Those MBS for You
Submitted by CrownThomas on 02/06/2012 23:38 -0500And so we've come full circle. The WSJ is reporting that the Federal Reserve Bank of New York will be seeking bids by the middle of this week for roughly $6 Billion dollars worth of residential mortgage backed securities currently held in Mainden Lane II. This would be on the heels of a $7 Billion dollar sale on January 19th to Credit Suisse.
The IRA | Facebook "Jumps the Shark" Interview with Michael Whalen
Submitted by rcwhalen on 02/06/2012 23:18 -0500Had to cross post this discussion with my brother Michael Whalen from The Institutional Risk Analyst. The past articles in The IRA require a $99/yr subscription, but the most recent is free.
Also note link to comment by Barry Ritholtz on The Big Picture re: the Facebook IPO. Actually Goldman Sachs led the covert IPO and hype festival last year, but the folks at the SEC and FINRA were sound asleep.
Chris
The Endgame: Japan Inc. Seeks Salvation Overseas
Submitted by testosteronepit on 02/06/2012 22:18 -0500Just when Japan can least afford it....
CBO Solution to Budget Crisis - Everyone Bend Over!
Submitted by Bruce Krasting on 02/06/2012 21:46 -0500No, don't worry, no new taxes.
Employment Data Saga Continued: Krasting Says Larry Summers Misstates; Stockman Says It Goes Deeper
Submitted by ilene on 02/06/2012 20:07 -0500Call it the economists’ Truman Show.
Harry’s Law | Video Clip – Civil Disobedience Isn’t Just a Right, It’s a Duty, Wake Up America!
Submitted by 4closureFraud on 02/06/2012 17:23 -0500A women who lost her house due to the mortgage crisis, and her bank screwing her over with refusing to work something out, and makes a statement by robbing her bank.
Fukushima Reactors Heating Up Again … Water Fails to Cool Them Down
Submitted by George Washington on 02/06/2012 16:45 -0500Steam Seen Rising from Reactors
THe WeaSeL AnD THe BeaR
Submitted by williambanzai7 on 02/06/2012 16:10 -0500Amerika's latest Mammalian Axis of Evil...Europe's new nemesis...[It's the gas/I mean Naval base stupid!]
Crazy Little Thing Called Greece
Submitted by ilene on 02/06/2012 16:09 -0500Our bullish premise rests on Greece being fixed.
The Relentless Pursuit of Meaningless Metrics
Submitted by ilene on 02/06/2012 14:07 -0500Mind versus technicals.
Greece has No Idea What It's Gotten Itself Into
Submitted by Phoenix Capital Research on 02/06/2012 13:52 -0500
If you think the EU Crisis is over, think again. True we’ve got until March 20th for the Greek deal to be reached, but things have already gotten to the point that Germany has essentially issued its ultimatum. Either Greece hands over fiscal sovereignty, or it defaults in a BIG way.
Greece Should Take Control and File Chapter 11
Submitted by MacroAndCheese on 02/06/2012 12:52 -0500THiS Is A "CReDiT EVeNT"
Submitted by williambanzai7 on 02/06/2012 12:24 -0500Today's guest presentation...
On China, Greece Playing Chicken, US Ponzinomics and the Inevitable Fall of Manhattan Real Estate
Submitted by Reggie Middleton on 02/06/2012 07:42 -0500A lot of stuff in here this morning.
