phdinsuntanning

Economic Outlook: Bracing for a Rocky Road?

3 dollars per euro and all will be fine

14 Bank and I-Bank Write-Downs

Ryan

is better you think again about LEH, jus look at this:
US March 31
March 31 2008 Fiscal Year 2007: Capital/Assets
US
US Broker Bear Stearns 3,0%
US Broker Morgan Stanley 3,0%
US Broker Merril Lynch 3,1%
US Broker Lehman 3,3%
US Broker Goldman Sachs 4,5%
US Bank Citigroup 5,2%
US Bank JP Morgan 7,9%
US Bank Wells Fargo 8,3%
US Bank Bank of America 8,6%
US Bank Wachovia 10,2%

Wall Street Breakfast: Must-Know News

because otherwise they will short the US Treasury bonds,
they are been nationalized now basically because they are decapitalized:

March 31
Fiscal Year 2007: Capital/Assets
US
Bear Stearns 3,0%
Morgan Stanley 3,0%
Merril Lynch 3,1%
Lehman 3,3%
Goldman Sachs 4,5%
Citigroup 5,2%
JP Morgan 7,9%
Wells Fargo 8,3%
Bank of America 8,6%
Wachovia 10,2%

The Big Whoosh: Is This The Beginning?

Fiscal Year 2007: Capital/Assets

Bear Stearns 3,0%
Morgan Stanley 3,0%
Merril Lynch 3,1%
Lehman 3,3%
Goldman Sachs 4,5%
Citigroup 5,2%
JP Morgan 7,9%
Wells Fargo 8,3%
Bank of America 8,6%
Wachovia 10,2%
yes, it is the beginning

Fed Will Do What It Takes To Push Bear Deal Through

the japanese carry trade is finished, and all the liquidity of the fed will not change that fact, it just will go straigth to the gold price or to yens, trust is finished, and the market still works: more dollar supply = more inflation. = less confidence. Who owns the gold is the winner: JPM

Financial Stocks Trading Near Book Value

after almost 25 billion dollars of banks assets writedowns and credit losses declared by Merrill Lynch against a couple of billions by Bear Stearns drive us to share Felix concerns about the difference, did BSC all the writedown job or not? that is the rigth question, imo this is a crisis of solvency in leveraged institutions, I dont see how this inflationary monetary packages will solve anything, most of this repos games will end in long gold contracts and volatility.

The 'Plunge Protection Team' Working Overtime: A Play-By-Play

business as usual, Hong Kong government did the same in the asia crisis of 1998 and HK was the only south east asian economy undamaged by the collapse of currencies, well, malaysia closed the capital account and succeeded too, what do you prefer? when blind speculation is in command governments must act, at least in the short term...take the other extreme and you have Chile in 1982, no gov intervention in the market, GDP fell 14%, main banks broke, currency 300% down and central bank still in red 25 years later...good job Gary