Archive - May 26, 2009 - Story

Tyler Durden's picture

Frontrunning: May 26

Submitted by Tyler Durden on 05/26/2009 11:14 -0500



  • Obama to nominate Sonia Sotomayor for Supreme Court
  • Lenders [BofA, Merrill] rewarded with "Bookrunner" hirings by firms in need [REITs] (FT)
  • "Purchase accounting" lets FDIC/taxpayers eat JPM's loss, gives it full, one-time benefit for all gains (Bloomberg)
  • North Korea is obviously very concerned about stern Obama condemnation,
 
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Tyler Durden's picture

Overalottment: May 25

Submitted by Tyler Durden on 05/26/2009 02:25 -0500



  • Must Read: Henry Paulson - "I didn't understand the retail [mortgage] market, I just wasn't close to it" (Newsweek)
  • Dallas Fed's Fisher: "Don't monetize the debt" [too late Dick] (WSJ)
 
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Tyler Durden's picture

Karma Is A Bitch v2

Submitted by Tyler Durden on 05/26/2009 01:37 -0500



Brand new development in the Porsche saga, and this one could easily be the last nail in the coffin of Porsche Capital Management LLC.

 
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