Contributing Editors' Blog Entries
FNM Has .9 Trillion of Troubled Loans - 8K
Submitted by Bruce Krasting on 08/07/2009 - 09:58 Fannie reports on its loan book. 32% of its total is 'trouble' classes. Big losses to come.
Score One For The Good Guys: The Rise of DeepCapture.com
Submitted by PragmaticIdealist on 08/06/2009 - 22:23 At last, a couple red pills find their way on the market.Fannie is Trading Derivatives Hard, and Losing
Submitted by Bruce Krasting on 08/06/2009 - 18:37 Fannie's churning derivatives as usual. About $100 billion a day. They also lost a few Bil in the process. Who's on the other side of this? Fannie's pals on Wall Street,Three Dogs Jump Big - Who Knew?
Submitted by Bruce Krasting on 08/06/2009 - 08:13 There is no such thing as coincidence in the stock market. Except yesterday in the ward of the state stocks.CS Says, “Storm Risk Reduced”. Buoy 42001 says, “Watch Out”
Submitted by Bruce Krasting on 08/05/2009 - 20:53 Colorado State is the big gun when it comes to forecasting hurricanes. They see a lite year. I see big risk. Can anyone compute the El Nino/La Nino Vol? There is a lot of hot water in the Gulf.A True American Hero: Joseph E. Stiglitz
Submitted by PragmaticIdealist on 08/04/2009 - 16:07 Profiling a great economist and human being whose honesty has driven him from politics and to the People.
Putting it all Together: Managing Money as you Peer into the Abyss
Submitted by Eiad Asbahi on 08/04/2009 - 10:24 Managing Money We are certain that the unprecedented government policy response to avert a depression-era collapse of our financial system will go hand in hand with an unprecedented number of unintended consequences, perhaps manifested by loss of confidence in the dollar, inflation and possibly both.
Ken Lewis Tips Mary Schapiro $33M For Good Service
Submitted by Benjamin N. Dov... on 08/03/2009 - 22:39 Ken Lewis Mary Schapiro SEC charges Bank of America with lying to investors to the tune of billions of dollars, but quickly realizes its mistake and settles for $33 million. Actual payment to be delayed until BofA teller in charge of petty cash drawer returns from vacation.Swiss vs USA - Where Does This Go Next?
Submitted by Bruce Krasting on 08/02/2009 - 21:34 Next week the 'deal' for UBS is due out. How big is the fine going to be? Some estimate as high as $5.5 bil. $20 billion+ of withholding taxes has been applied to these accounts. Where is the money?Porn: Pleasure of the Financial TV News Business
Submitted by Benjamin N. Dov... on 08/02/2009 - 13:20 CNBC once again breaks new journalistic ground by taking a long, hard look at the porn industry.Successful Week for Treasury?
Submitted by Bruce Krasting on 08/01/2009 - 09:42 The Treasury sold $109 billion of new coupons last week and rates fell by 25BP. How did they do that??Et Tu, Treasury Auction Accounting?
Submitted by PragmaticIdealist on 07/30/2009 - 22:31 To manipulate or not to manipulate? That is not the question on the Treasury's mind...FHFA is One Year Old - No Cause for Celebration
Submitted by Bruce Krasting on 07/30/2009 - 20:24 No punch bowl at this party. Lots of slides of the mortgage mess. Did Mr. Lockhart confirm the rumor that the Agencies are going to merge with Ginnie Mae?Leave Dennis Alone!
Submitted by Benjamin N. Dov... on 07/30/2009 - 19:14 CNBC's Dennis Kneale isn't a smarmy, arrogant blowhard with no journalistic scruples. He just seems that way.