Lehman Brothers Take-over: Implications for Financials [View article]
When MER sold some of its CBOs at 22 cents per dollar, with 75% financed by MER, one commentator, over CNBC, said that the effective rate is actually 5.5 cents on the dollar -- I share this view.
Lehman Brothers Take-over: Implications for Financials [View article]
A Tale of Two Insurance Companies: RAM Holdings and Safety [View article]