Archive for April, 2009

  • The Wallgina and It’s Impact on Housing Prices
    Posted by on April 30th, 2009 at 2:06 pm, Comments: 0

    I have been a fan of Nouriel Roubini for a while – he didn’t drink the bullish brainwash Kool-Aid and had the foresight to see [...]

  • Why Isn’t Anyone Talking About the IMF Bonds?
    Posted by on April 28th, 2009 at 8:56 pm, Comments: 0

    You probably missed it this weekend, but the International Monetary Fund is planning to sell bonds in order to “solve” its fiscal needs. Apparently, China [...]

  • Plane Flyover – Come ON!
    Posted by on April 28th, 2009 at 8:09 pm, Comments: 0

    In case you missed it, NYC was outraged yesterday after the government organized a flyover of an empty Air Force One 747 escorted by a [...]

  • It’s All Good!
    Posted by on April 28th, 2009 at 1:35 pm, Comments: 0

    No, it’s NOT from The Onion – sorry: “April 28 (Bloomberg) – Home prices in 20 major U.S. metropolitan areas dropped in February at a [...]

  • Boston, You’re My Home
    Posted by on April 27th, 2009 at 2:07 pm, Comments: 0

    What a week for Kid Dynamite in Beantown. First, on Tuesday, I smoked a cigar with Dirty Dave before seeing The Boss rock the TD [...]

  • The Boss
    Posted by on April 22nd, 2009 at 3:14 pm, Comments: 0

    I saw The Boss, Bruce Springsteen, last night, for the forty-somethingth time. The show was at the TD Banknorth Garden, in Boston, and I went [...]

  • Solved
    Posted by on April 17th, 2009 at 12:58 pm, Comments: 0

    I sent several of my friends a link to this fantastic graphic from Slate illustrating employment losses for the last few years. My most loyal [...]

  • It’s Over. Maybe
    Posted by on April 15th, 2009 at 9:10 pm, Comments: 0

    I loved this comment out of Intel last night: “In another sign that the worst of the economic downturn might have passed, Intel said on [...]

  • Phish Meets Finance II
    Posted by on April 14th, 2009 at 2:02 am, Comments: 0

    In addition to Phish lyrics bringing me back to freshman year psychology, I’m finding that they frequently ring true with respect to our current financial [...]

  • I Just Have One Question for Ken Lewis
    Posted by on April 8th, 2009 at 11:51 pm, Comments: 0

    Bank of America’s CEO, Ken Lewis, did an interview today with Fox Business News. Zerohedge has the transcript. My favorite part: On differences between Bank [...]

  • Gross Negligence
    Posted by on April 8th, 2009 at 12:10 pm, Comments: 0

    Last night I sent some of my friends this story, with the subject line “April Fools?” “Bank of America Corp., recipient of $163 billion in [...]

  • Play Ball!
    Posted by on April 7th, 2009 at 10:56 pm, Comments: 0

    I just came back from Opening Day at the Riviera – a Red Sox bar in the heart of Manhattan. If there’s a better way [...]

  • The Enron Death Star
    Posted by on April 6th, 2009 at 11:28 pm, Comments: 0

    Must read piece from RortyBomb on the problem with banks being allowed to bid on asset sales in the PPIP, as I addressed last week [...]

  • Quality Readings
    Posted by on April 5th, 2009 at 11:22 pm, Comments: 0

    Some great reading out there this weekend: well worth your time: 1) The transcript of Bill Moyers’ interview with William Black WILLIAM K. BLACK: Well, [...]

  • PPIP – Deja Vu – I Hate It When I’m Right
    Posted by on April 3rd, 2009 at 3:57 pm, Comments: 0

    From the FT yesterday: US banks that have received government aid, including Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan are considering buying toxic assets [...]

  • Mark to Make Believe and Other Talking Points
    Posted by on April 2nd, 2009 at 3:25 pm, Comments: 0

    In case you missed it, the news today is that FASB (the Financial Accounting Standards Board) has relaxed mark-to-market accounting rules regarding how banks price [...]