rcwhalen's blog

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Detroit Bankruptcy: U Turn by Michael Comes

After tens of millions in legal fees, a river of negative press, and ripple effects to other local municipalities, we have U-turned and are back to where we started.

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Is the Citigroup Stress Test Rejection Really a Surprise? Really?

Why is Citigroup not like any of the top four banks, including JPM, WFC, USB or BAC?   

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Sol Sanders: The [Chinese] emperor has no clothes

Beijing leadership’s quandary is that the struggle to refashion the Chinese economy with further liberal economics comes up against the determined effort of the CCP to maintain its power monopoly

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GSE Reform Real and Imagined

Simply ending the corporate lives of Fannie Mae and Freddie Mac as the Johnson-Crapo proposal envisions is not sufficient

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Is the Housing Sector a Drag on the US Economy?

If a third of all US homes cannot trade due to being underwater or not sufficiently above water to clear closing costs, then the US economy is going to suffer

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Ode to Warren Harding: Q4 2013 Earnings & the End of Normalcy

Selling hope, after all, is the stock and trade of the Sell Side.  But we all need to take a step back and ask ourselves just where we stand on the proverbial economic timeline... 

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