Three Reasons for Bear - Fast Money Recap (10/15/08) [View article]
Wayne Angell, a former Federal Reserve governor, joined the traders to discuss what can be down now to fix the problems in the financial system. He says the first step is that "Treasury Secretary Henry Paulson needs to admit he made a mistake in taking Fannie Mae and Freddie Mac shareholders to zero."
hmmm, i like this one...but the ego is a strong and viscious enemy
It's All About Guaranteeing Counter-Party Risk [Housing Tracker] [View article]
yeah, but confidence just evaporated after govt communication stating that GSEs are financially sound with ample (mandatory) cushion, then zap nationalized over a sunny weekend with no escape door for investors. so what's that if not undermining confidence BIG TIME!???
hey wyosteven, here's a rich pig for you: the company’s new chief executive, Alan H. Fishman, was in midair, flying from New York to Seattle at the time the deal was finally brokered, according to people briefed on the situation. Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates. WaMu was not immediately available for comment.
Just the Facts: JPMorgan Buys WaMu's Deposits Division [View article]
Niiiiice! But the seizure and the deal with JPMorgan came as a shock to Washington Mutual’s board, which was kept completely in the dark: the company’s new chief executive, Alan H. Fishman, was in midair, flying from New York to Seattle at the time the deal was finally brokered, according to people briefed on the situation. Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates. WaMu was not immediately available for comment.
Bailouts: Misunderstanding the Moral Hazard [View article]
"Don't add punitive consequences or they won't participate ." what's this BS??? if they have no choice but to 'participate' than what the f*ck is this argument??? if they're not forced to 'participate' they're either running a healthy business or are in the midst of a cover-up operation in which case there should be some investigation into top execs personal liability...
Where's the Bottom? Still Anybody's Guess
[View article]
yup, there's no other way out of this but feed the beast! or new age slavery if the 'donor nations' overtake the debt-ridden and credit-frenzied nations
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Latest | Highest ratedThe Coming Consequences of Banking Fraud [View article]
Fannie and Freddie Are Surviving, But Barely [View article]
Three Reasons for Bear - Fast Money Recap (10/15/08) [View article]
hmmm, i like this one...but the ego is a strong and viscious enemy
It's All About Guaranteeing Counter-Party Risk [Housing Tracker] [View article]
Combating Cascading Short Spirals [View article]
When It Rains, It Pours [View article]
the company’s new chief executive, Alan H. Fishman, was in midair, flying from New York to Seattle at the time the deal was finally brokered, according to people briefed on the situation. Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates. WaMu was not immediately available for comment.
When It Rains, It Pours [View article]
Just the Facts: JPMorgan Buys WaMu's Deposits Division [View article]
But the seizure and the deal with JPMorgan came as a shock to Washington Mutual’s board, which was kept completely in the dark: the company’s new chief executive, Alan H. Fishman, was in midair, flying from New York to Seattle at the time the deal was finally brokered, according to people briefed on the situation. Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates. WaMu was not immediately available for comment.
What Will Result from the Lehman and AIG Deals? [View article]
FBI Investigates Victims of the Financial Fallout [View article]
Bailouts: Misunderstanding the Moral Hazard [View article]
Bailouts: Misunderstanding the Moral Hazard [View article]
what's this BS??? if they have no choice but to 'participate' than what the f*ck is this argument??? if they're not forced to 'participate' they're either running a healthy business or are in the midst of a cover-up operation in which case there should be some investigation into top execs personal liability...
Where's the Bottom? Still Anybody's Guess [View article]
or new age slavery if the 'donor nations' overtake the debt-ridden and credit-frenzied nations
Where's the Bottom? Still Anybody's Guess [View article]
www.cnbc.com/id/268673...
Capitalism: RIP [View article]
www.cnbc.com/id/268673...