bbzz24

What Is the SEC Planning Overnight?

Russia just did it, the USA will follow suit.

America's Ad Hoc Fiscal and Monetary Policy

Felix: 'I think that's a good thing. Central bank independence exists to prevent politicians from determining monetary policy'

Isn't money supply monetary policy as well? According to Wiki and many textbooks it is: 'Monetary policy is the process by which the government, central bank, or monetary authority of a country controls (i) the supply of money, (ii) availability of money, and (iii) cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy.[1] Monetary theory provides insight into how to craft optimal monetary policy.'

Which Company Should Replace AIG in the Dow?

that is easy the Federal Reserve: it has the biggest growth potential over the next few years.

Banks on the Verge of a Nervous Breakdown

high entertainment value! thanks a million!

Deflation Takes the Reins

lots of pensions money directly or hedge fund money indirectly was poured into EMEA. with the credit crunch still ongoing and the need to bring in more collateral for all heavily leveraged positions in the U.S., lots of positions had to be liquidated and the USD bought back. on top of that anyone who was not naive to believe in decoupling liquidated non USD positions, so the dollar rallied.
there is no fundamental change in the U.S. for good, nor a economic slowdown in EMEA will significantly impact growth there +/-2% GDP growth is not much of a deal.
either go fundamental or follow the hot money.

America Buys AIG

AIG is a 'viable business' that will be run by 'honest people'.
You seem to be forgetting too quickly who was at the helm: Maurice 'Honest' Greenberg. I still wonder how he and Franklin Raines are not in jail for accounting fraud. The whole Arthur Andersen was indicted, but some well connected CEOs seem to always get a favorable interpretation of the law. And you think that their leutenants are not the same stock?
AIG gets almost the same loan as Freddie/Fannie who in turn have 2.5 times bigger balance sheets each.
And this 'viable business' was just downgraded. Since the Fed had seized it, it would be normal to downgrade it further because all existing debt is junior to the Fed's and fully collateralized by its assets. Even if you count as money good thier CDS, there is still only 90 cents on the dollar left for debt holders.

America Buys AIG

this is an outright nationalization, soviet style from the 20ties.

Investment Banks, R.I.P.

So should Hank be running the Treasury as an investment or commercial bank Felix?

Inflation Concerns? That's So Yesterday

JasonC,
To make such comments you must not possess any knowledge of what causes inflation, and not understand what the Fed and Trasury are doing: fighting deflation by increasing the money mass and creating new debt to support asset prices.

Government Intervention? Here's a Scorecard

'The Bush Administration has followed the Paulson lead'

This alone shows that in your analysis you put the cart before the horse: Paulson is part of the Bush Administration, but you may not fully comprehend this....

Law of Supply & Demand Is Dead for Gold & Silver

Kim,
Have you heard that futures are traded on the margin and that there is somthing called credit crisis going on?
Those things severly limit the speculation opportunities and just like oil, speculation on the small commodities exchanges drives the spot price, it aint real supply and demand.

When Can We Start Breathing Again?

Dont worry about Temasek. They bought at 30 and forced ML to lower the price to 17 i believe in exchabge for 2bn more.
Now BOA pays 30 per share a neat 76% profit on the 7bn committed. This is the 2nd time around when Thain cuts a suspicious deal to a ML counterparty after the 22 cents on the dollar MBS sale to Lone Star.
This guy is a crook. What is the DOJ doing???

Let Lehman Fail

the best way to fight systemic risk is at the root by preventing companies to morph into too big to fail... but it is more convenient to get high on their political donations, have politicians kids join the ranks and then stick it to the taxpayer.

Balancing Federal and Trade Deficits Is Unlikely

brainwashed

US Dollar Remains Strong in Spite of Negative Data

gold,oil,dollar. what do they have in common this year?
pump and dump