Tue 2008-06-17 00:00 EDT
naked capitalism: So How Did Lehman Delever? A Not-Very-Pretty Possibility
pinning out two large businesses into independent entities; maintain a 45% economic interest while getting an off balance sheet treatment
business Topic in The Credit Debacle Catalog
Sun 2008-05-18 00:00 EDT
Mish's Global Economic Trend Analysis: Mike Morgan: Decession or Depression?
"nventory of homes is now beyond a two year supply and growing, while prices are falling off the cliff." "at least a third of todays builders will be bankrupt within the next 18 months."largest source of inventory is the homes moving through the foreclosure process" "The snakes have moved out of the mortgage business and into the REO disposition business."
Decession; Depression; Mike Morgan; Mish's Global Economic Trend Analysis.
Sun 2008-03-23 00:00 EDT
Bear Stearns to axe 8,000 staff | Business | The Observer
Bear Stearns to axe 8,000 staff, by Richard Wachman | Business | The Observer
Tue 2008-03-18 00:00 EDT
Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip - Why JP Morgan Did It Leverage Loans and Client Exposure To Shaky Financial Instruments Held By Bear Gave JP Morgan Strong Incentives To Rescue Bear's Portfolio
Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip - Why JP Morgan Did It Leverage Loans and Client Exposure To Shaky Financial Instruments Held By Bear Gave JP Morgan Strong Incentives To Rescue Bear's Portfolio, by John Carney
Bear Gave JP Morgan Strong Incentives; business news headlines; Client Exposure; Dealbreaker; Financial Gossip; JP Morgan; Leveraged Loans; Rescue Bear's Portfolio; Shaky Financial Instruments Held; Wall Street tabloid.
Sun 2008-01-27 00:00 EST
Electric Politics | Bubbles, Bailouts, and Free Money
by Werther; "Fascism is a business strategy whose simple, consistent, bludgeoning rationale is, privatize the profits and socialize the losses."
Fri 2008-01-04 00:00 EST
naked capitalism: "Business growth is not an end in itself"
"people could enjoy the fruits of technological progress with a mixture of increased leisure and a more congenial and relaxed working life"
Fri 2007-12-14 00:00 EST
naked capitalism: Mr. Minsky Moment Calls for Rate Cuts
"he best we have is palliatives. We can either take the losses, as the US has repeatedly told third world countries in similar fixes to ours, or we can go the Japan route of socializing the cost of propping up bad businesses and deals, or we can expand the money supply considerably and let inflation eat away at the value of the debt overhang." bearish UBS economist George Magnus calls for rate cuts
Fri 2007-11-09 00:00 EST
Calculated Risk: WaMu and The Rep War
by Tanta: "outsourcing regulatory liability to a third party bag-holder and doing business on a representation and warranty basis without pre-sale due diligence" are mortgage industry lynch-pins
Thu 2007-10-18 00:00 EDT
Conglomerate Blog: Business, Law, Economics & Society
A Fiendishly Ingenious Confidence Scheme, by Lawrence Cunningham; MLEC critique; SIV crisis
Thu 2007-09-13 00:00 EDT
The shock doctrine | Business | Guardian Unlimited Business
The Shock Doctrine: The Rise of Disaster Capitalism, by Naomi Klein (edited excerpt; Guardian Unlimited); Milton Friedman; Chicago school; market fundamentalism; exploiting disaster to obtain market reform
Thu 2007-08-16 00:00 EDT
Eugene Linden: Collapse of a Fiat Currency: The AAA-Rated CDO Tranche -- What to Do - Business on The Huffington Post
Eugene Linden: Collapse of a Fiat Currency: The AAA-Rated CDO Tranche -- What to Do, by Eugene Linden
AAA-Rated CDO Tranche; business; Collapse; Eugene Linden; fiat currency; Huffington Post.
Fri 2007-07-06 00:00 EDT
BBC NEWS | Business | Buffett warns on investment 'time bomb'
Warren Buffet: "Derivatives are financial weapons of mass destruction"; 2003-03-04;