In a most thought provoking interview with the Managing Director of Pangea Capital Management and author of " A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers " , we began by discussing the recently issued report on Lehman Bros. and Repo 105. We then moved...
The stock market rally since early March appears to have three distinct phases to it. The first phase was the backing off from the economic abyss. The second phase was a bounce to fair value normalcy. The third phase (the one we are in now) is what I would call the return to business as usual phase ...
Leverage Is an 8 Letter Word If Loans Are So Cheap, Why Don't They Sell? Deflation and Helicopters: Time for a Review Commercial Property Loans Start to Haunt the Banks Warren Makes a Bet Thanksgiving, Moving, and New Orleans Leverage is an eight-letter word, which the markets now regard as twice...
Thoughts From The Frontline
Filed under: Filed under: The Fed, Ben Bernanke, Consumer Price Index, Credit, Warren Buffet, Credit Crisis, Housing Crisis, Deflation, Deleveraging, Commercial Property, Goldman Sachs
.........But First, A Word From Our Sponsor.......... New 5-currency Index CD from EverBank®. Apply today. The new Debt-Free Index CD is comprised of equal parts Singapore dollar, Japanese yen, Swiss franc, Australian dollar and Brazilian real. Why these currencies? All 5 economies have a strong balance...
Filed under: Filed under: Australia, Dollar, China, Bailout, Yen, GDP, Germany, Henry Paulson, Credit Crisis, I.O.U.S.A, Goldman Sachs
Bloomberg reports today that major money manager, Mark Mobius, has joined four financial titans (Jamie Dimon, JP Morgan Chase; Lloyd Blankfein, Goldman Sachs; John Mack, Morgan Stanley; and Richard Fuld, Lehman Bros.) in proclaiming that the end of the credit crisis is in sight. Such statements are astonishing...
Musing on the Markets
Vinny Catalano, CFA
Filed under: Filed under: Credit Crisis, Vinny Catalano, Richard Fuld, Lloyd Blankfein, Goldman Sachs, Lehman Bros, JP Morgan Chase, Morgan Stanley, John Mack, Mark Mobuis, Jamie Dimon