If I don’t give myself a way of finding this article quickly, I’m going to go out of my mind! I think this is a very good exposition of the stocks/bonds conundrum, and regularly spend …
Search Results for: performance
March 30, 2009
James Hamilton of Econbrowser wrote a very good post on the weekend, Money Creation and the Fed, addressing the near-vertical increase in the monetary base since September 2008 when the credit crunch really started crunching. …
March 27, 2009
There is growing support for the idea that Commercial Banking is different from Investment Banking (the “utility banking” and “casino banking” of the Turner Review) and should not be housed under the same roof – …
March 26, 2009
It would appear hedge funds have hired an insufficient number of ex-regulators! Geithner wants to change this: Treasury Secretary Timothy Geithner will ask Congress to bring large hedge funds, private- equity firms and derivatives markets …
March 25, 2009
Encouraging news regarding Wall Street’s structure is being reported: Smaller firms are emerging from the wreckage of the world’s largest financial companies, which are conserving capital following more than $1.2 trillion of writedowns and credit …
March 24, 2009
Bernanke & Geithner continued their campaign to have the Fed become the regulator of everything: The top two U.S. economic leaders called for new powers to take over and wind down failing financial companies after …
March 23, 2009
There was an interesting joint Treasury / Fed Press Release today that raised as many questions as it answered: The Federal Reserve to avoid credit risk and credit allocation The Federal Reserve’s lender-of-last-resort responsibilities involve …
March 20, 2009
Assiduous Readers will remember I am following the Lyondell bankruptcy – the last mention was on February 24 … there’s more news today: LyondellBasell Industries AF SCA missed an interest payment on bonds that will …
March 19, 2009
A correlation has been found between fails-to-deliver (associated with naked shorts) and the demised of Bear Stearns & Lehman: As Lehman Brothers Holdings Inc. struggled to survive last year, as many as 32.8 million shares …
March 18, 2009
AIG bonuses are all over the news; I haven’t commented on them (specifically) due to the total absence of facts. But some people like to talk about it. Econbrowser‘s James Hamilton labels them “outrageous” and …