Archive - Blog entry

August 29th, 2009

Project Mayhem's picture

DPJ set to win Japan election; may demand Seppuku bonds





Japan's ruling party for the past 50 years is set to lose the elections tomorrow. The opposition has threatened to demand payment from the United States in yen.

 

Bruce Krasting's picture

Big Deals and Big Balls on Wall Street - The "Pony" Trade





A 'secret' conversation reveals some thinking and practices on Wall Street. Shocking!

 

August 27th

Leo Kolivakis's picture

Overhaul or Tweak Pensions?





If Senator Kennedy were alive today, he would be spearheading the health care debate as well as the pension crisis. And he wouldn't be tweaking anything, but going for an overhaul of the entire system to ensure everyone retires in dignity and security.

 

Bruce Krasting's picture

What's C Worth?





What is C's market cap these days? Bloomberg and Yahoo can't agree. I am confused too. There is a ton of shares outstanding that are not included in the current float. Buyers of the stock today are looking at 8 billion shares that would love to get sold.

 

PragmaticIdealist's picture

Long Live The Bubble King!





With the recent reappointment of King Bernanke, it is appropriate to revisit the key tenets underlying Bernanke-nomics and how they are likely to destroy America, if not the world.

I take a look at a speech made before the National Economics Club circa 2002 and conclude nothing has changed.

 

Bruce Krasting's picture

US Treasury Inspector General on Agency MBS – Don’t Buy It!





The Inspector General of the US Treasury has some negative things to say about the GSE MBS. Who looks silly? Who looks smart?

 

Project Mayhem's picture

FDIC Q2 2009 Report Released





The FDIC has released it's Q2 report. Here are some interesting pieces of information.

 

August 26th

Leo Kolivakis's picture

Holy Halabi! Worst Caisse Scenario?





The first thing that went through my mind is who is Simon Halabi? The second thing that went through my mind is who is the idiot at the Caisse that structured this deal? I mean who would agree to terms where the Caisse would hold the junior portion of a 1.45 billion- pound loan?
Something really stinks with this deal and I suspect there is a lot more to this than what we know.

 

Anal_yst's picture

Those Who Fail to Learn From History...





Because nothing bad could ever possibly come of this...

 

Bruce Krasting's picture

On Fannie and Freddie Common





The silliness in junk stocks continues. What's a fair price for the Agency common? The Pref stock pricing suggests it's about 50 cents. Go figure

 

thetechnicaltake's picture

Long Term Treasury Yields: Someone Is Going To Be Wrong





Long term Treasury yields have not discounted the economic recovery, and in fact, yields on the 10 year Treasury have a high likelihood of heading lower. Equities have discounted a strong economic recovery. This divergence won't persist for long.

 

August 25th

Leo Kolivakis's picture

A Lesson in Liquidity?





I think that in the environment we are heading in, there will be a premium placed on liquidity. Long gone are the days where you tie up your money for ten years in private equity or accept lock-ups of three years with some hedge fund (some are stupid enough to do this).

 

Raymond Shaw's picture

Canadian Dollar Crosses Head For the Kitchen Sink - 25-Aug-2009 Action





Bank of Canada's Council Member Timothy Lane has some interesting things to tell the market.

 

Res ipsa loquitur's picture

FOIA NOT DOA: District Court Holds Federal Reserve Improperly Withheld Records From Bloomberg





August 24, 2009 will undoubtedly go down as a day of celebration at Zero Hedge as the thus-far bullet proof Federal Reserve was ordered to produce documents improperly withheld from Bloomberg reporters Mark Pittman and Craig Torres.

 
Do NOT follow this link or you will be banned from the site!