Guest Post

Guest Post: Open Letter To FDIC

To: Sheila Bair, FDIC

Earlier this evening Advanta, which through its FDIC-insured bank Advanta Banc Corp makes credit card loans, declared its intentions to allow its securitization trust to go into early amortization, while concurrently launching a coercive tender offer for the securities issued by the trust. This marks the first intentional amortization event, which if unpunished, could jeopardize the stability of securitization markets, the government’s special programs to aid the market such as TALF, the bank’s depositors, and the legal rights of Advanta’s ABS investors.

Guest Post: Global Economics on Tilt - How To Protect Your Ass(ets)

Submitted by Jeff Clark, Editor of BIG GOLD

Gold isn’t going to $2,000 an ounce.

Before you gag on your coffee or suffer chest pains, allow me to explain.

We’re about eight years into the bull market, and gold has breached the $1,000 level twice and has spent weeks trading above the old high of $850. Some observers are now saying that gold’s pretty much had its day and that once the recession is over, it will retreat for good.

Guest Post - Fund My Mutual Fund

We believe in cross collaboration, especially with smart, insightful bloggers. Today we focus on TraderMark who runs Fund My Mutual Fund, and is one of the most followed authors on Seeking Alpha; we have picked a post of his on a topic that is near and dear to our heart.