Wed 2008-08-06 00:00 EDT
Winter (Economic & Market) Watch >> A Modern Day Alexander Hamilton; "moving to the end game, where massive American assets...marked down and sold to new foreign masters"
economic; Market; Modern Day Alexander Hamilton; watch; winter.
Mon 2008-08-04 00:00 EDT
"Whenever Henry Paulson at Treasury, Ben Bernanke at the Fed and Shiela Bair at FDIC agree on anything, American taxpayers should check for their wallets...When the troubled bank nonetheless fails, our golden circle creditors get the good collateral in an expedited release from FDIC under its new policy statement. The FDIC is left with all the toxic waste assets and liability for depositor insurance claims, with no prospect of recovery"
Tue 2008-07-15 00:00 EDT
Winter (Economic & Market) Watch >> Sheet Sandwiches for the Old, Money Tree for the New? "an incredibly large amount of American assets and economic capacity will pass fairly quickly into the hands of Pig Men interests before Bush leaves office"
economic; Market; money trees; new; old; Sheet Sandwiches; watch; winter.
Mon 2008-07-14 00:00 EDT
1; 1 Trillion; balance sheet assets; Citigroup's; naked capitalism.
Thu 2008-07-03 00:00 EDT
gap management; "Trading risk becomes liquidity risk when you can't trade...Do real stress-testing of liquidity scenarios and construct a capital structure that address much of the liquidity risk posed by non-standard assets...So why do risk managers and bank managements' so consistently make bad decisions? Probably because there is an over-reliance on measures that are seemingly quantifiable."
Banker Buddies; Blackstone; FAS 157; Information Arbitrage; straight-talking; wrong.
Fri 2008-06-20 00:00 EDT
"commodity prices are the result of portfolio shift against liquid assets by sovereign investors, sovereign wealth funds, partly triggered by lax monetary policy,...olicymakers should seriously start worrying about inflation and stop chasing imaginary destabilising speculators."
Exploding Commodity Prices Signal Future Inflation; naked capitalism.
Thu 2008-06-19 00:00 EDT
5; assets; Bloomberg; Investee Hedge Fund; Lehman sold; naked capitalism.
Wed 2008-05-28 00:00 EDT
Fed Risk: Interview with Dick Alford; Institutional Risk Analytics; former fed economist Richard Alford argues Fed misread inflation for deflation, Fed fighting the wrong battles; "US population is not ready to hear that their real levels of income, assets prices and other indicia of national well being may be falling or relatively stagnant for the foreseeable future."
Fed Risks; Institutional Risk Analyst; interview; Richard Alford.
Sat 2008-05-24 00:00 EDT
Steve Waldman; commodity price run-up due to loss of faith in monetrary authorities? large-scale repudiation of financial assets; "nd of a paradigm: large scale OTC markets, lightly regulated players and instruments, dollar as reserve currency, US as the most important global economic actors"
central bankers; Commodities Spike; Confidence; naked capitalism; voting.
Fri 2008-05-16 00:00 EDT
Winter (Economic & Market) Watch >> Paint Lipstick on this Pig; Freddie Mac moves 120 billion to level 3 assets; moved entire ABS portfolio into level 3; level 3 assets now 23% of total assets
