Market Currents

• Tuesday, July 22, 2008

• 13:28 PM Defamation suits like the one BankAtlantic (BBX) filed against Dick Bove are fairly hard to win, media lawyer Ted Boutrous says. "Litigation is costly, it's invasive and the burden is on the plaintiff to prove the truth." Comment!
• 05:38 AM BankAtlantic Bancorp (BBX) in suing outspoken analyst Dick Bove after he named the bank in a research report, filed two days after the failure of IndyMac (IMB), titled "Who Is Next?" Comment!

• Thursday, June 19, 2008

• 07:41 AM WSJ warns banks are becoming very creative at masking loan losses, by lengthening the point at which debt becomes 'troubled,' and moving toxic assets to subsidiaries. Banks mentioned include AF, BBX, WB, WM and CNB. Comment!