This sugar story will leave a bitter taste in your mouth. 30 year old stories come back to life. What is the FDA doing? And What does Don Rumsfeld have to do with this?
How much money was lost in RE this morning in my neighborhood? At least $50mm. A very sad and troubling real estate deal has proved to be a wake up call.
Americans will have to reach into their wallets and buy some Treasuries. POMO is almost over. Someone has to buy this paper. The problem is that at the current yield the adjusted return is less than 1/2 percent per annum. Who's buying that?
The Mortgage Bankers Association went public with their recommendations for the mortgage industry. They want to pretend that nothing went wrong the last five years. In my view their proposal is dead on arrival.
A proposal to swap Agency Preferred shares for repossessed properties owned by the D.C. lenders. This plan could work. Everyone wins. What do you think?
A respected Swiss publication puts a number on the size of Black accounts. $1 Trillion. Far more than anyone has suggested so far. Where did all this dirty money come from? The recent resolution with UBS is just the tip of this iceberg.
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.
