Tue 2009-04-21 00:00 EDT
naked capitalism: Guest post: Obama's auto plan: good strategy, poor tactics
good strategy; Guest Post; naked capitalism; Obama's auto plan; poor tactics.
Tue 2009-04-21 00:00 EDT
``GM bondholders are probably wondering why they need to take a haircut on their bonds when the counterparties of Bear Sterns, Lehman, and AIG are being made whole at par after investing in far riskier securities''
Tue 2009-04-21 00:00 EDT
Guest Post; naked capitalism; Quantitative Easing; UK Embarks.
Tue 2009-04-21 00:00 EDT
by Edward Harrison; ``any solution for recapitalization must address future writedowns and loan losses of assets already on the books if it is to be successful''
Banking crisis response; Guest Post; naked capitalism; thought; United States.
Tue 2009-04-21 00:00 EDT
by Leo Kolivakis; ``Both were claiming to run a core business when in reality they were fueling a Ponzi scheme using "sophisticated instruments" or "alternative investments" that threaten the security of the global financial system''
Tue 2009-04-21 00:00 EDT
``Using pretexts, subterfuge and lies, the administration's charade triage will only end once there are no more gullible taxpayers to provide their cash, no more demagogue senators and congressmen who will bend reality to make it seem that their actions benefiting a select few are for the benefit of all, and no more naive investors who buy into the promises that U.S. debt is the "safest investment."''
Bailoutspotting; Great Financial Methadone Clinic; Guest Post; naked capitalism; search.
Tue 2009-02-24 00:00 EST
former Congressional staffer Lune: prevent any one firm from becoming Too Big To Fail
Thu 2009-01-15 00:00 EST
by Cassandra Does Tokyo; normalcy; ``what we've seen in leverage and credit growth during the past 15 years is NOT normal, nor is it sustainable - neither relative to history or in absolute terms.''
Mon 2008-11-03 00:00 EST
The Credit Crisis Endgame, by Paul Amery (PrudentBear); ``the cost of insuring against a US government default has risen by 25 times in little over a year''; ``Signs of strain in the US Treasury market are already there...poor bid-to-cover ratios, and long tails''; Reinhart, Rogoff "Forgotten History of Domestic Debt"
Sun 2008-08-24 00:00 EDT
The Great Consumer Crash of 2009, by James Quinn (Prudent Bear); ``the tremendous prosperity that began during the Reagan years of the early 1980s has been a false prosperity built upon easy credit''; ``We have outsourced our savings to the emerging economies, along with our manufacturing jobs.'' ``the gathering storm has arrived. It will be long, painful and destructive.''