Dividends Anonymous

Are Analysts Being Fooled By The Data?

Shipping relies heavily on the availability of credit to remain healthy. Demand for goods is part of the equation, but its the credit markets that have hammered the BDI so much over the past few months. The consumer part of the equation is coming, but likely not here yet.

Robbing Peter to Pay Paul: More on Wachovia / Citi

I don't see this deal not going through. What would have been the alternative? Was WB's retail network worth anything in comparison to WM with relatively the same percentage exposure to toxic debt?

Paulson and Bernanke: A Conspiracy of Dunces

Read Bernanke's 1983 work titled, "Nonmonetary Effects on the Financial Crisis in the Propagation of the Great Depression" and get back to me on how much of a dunce you think he is.

What looks good on paper doesn't always work well in the real world, but he's done a much better job than anyone else put into this situation. It's all about the supply of money for credit - bottom line, and he gets that. Politically though his hands are tied and this is an arena he was likely not well prepared for.