nakedcapitalism.com - 3/10/2009
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The double-speak in this Wall Street Journal piece, " U.S. Weighs Further Steps for Citi ." is so thick that parsing it is like wading through mud. And I do mean to stress the attempts to obfuscate what is going on. Recall that the last retrade of Citi's arrangement with the officialdom was ...
baselinescenario.com - 3/6/2009
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baselinescenario.com —
I want to pick up on a theme
Simon discussed in his last two posts : the...
recent panic over bank debt, particularly subordinated bank debt. I’ll probably repeat some of what he said, but with a little more background. Remember back to last September. What was the lesson of Lehman ...
(more)
A Quick Note on Bank Liabilities
online.wsj.com - 3/10/2009
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online.wsj.com —
DAMIAN PALETTA , JON HILSENRATH and DAVID ENRICH
Barely a week after the third rescue of Citigroup...
Inc., U.S. officials are examining what fresh steps they might need to take to stabilize the bank if its problems mount, according to people familiar ...
(more)
U.S. Weighs Further Steps for Citi
charlierose.com - 3/11/2009
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charlierose.com —
ShalomFreedman 03/12/2009 03:39 AM Report Geitner does not
come on strong. He comes on as a bit...
hesitant but nonetheless quietly informed and determined. He does not dazzle us with numbers or specific predictions, but does a bit of evasion. His ...
(more)
A conversation with Timothy Geithner, U.S. Treasury ...
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Citi and Federal Government in New Non-Rescue Rescue Talks
IEHI Feed: The Hedge Fund Implode-o-Meter —
Citi and Federal Government in New Non-Rescue Rescue Talks (nakedcapitalism.com) Search Enter your search terms Web HF Submit search form 2009-03-10 " The double-speak in this Wall Street Journal piece, "U.S. Weighs Further Steps for Citi." is so thick that parsing it is like wading through mud. " ...
Lunchtime Links 3-10
Rolfe Winkler —
... worried that banks may be forced to cut back even more on credit card lines. She argues that we need to look kindly on the balance sheets of largest card issuers in order to prevent a mammoth drop in consumer spending that is financed with plastic. A decent piece, but color me skeptical. We’ve leveraged the public’s balance sheet to finance our lifestyle more than enough, thank you very much.
Home Depot in Standoff with Day Laborers (PalmBeachPost)
Citi and Federal Gov’t in New Non-Rescue Talk (NakedCapitalism) ...
Tuesday links: the bottom rung
Abnormal Returns —
... What companies are showing up on Moody’s “The Bottom Rung” list of troubled credits? (WSJ.com also FT Alphaville, Zero Hedge)
The prospects for profits in the quarter from Citigroup (C) is widely cited for today’s stock market rally. Other items to the contrary. (24/7 Wall St., naked capitalism, The Stash, Atlantic Business)
What is ...
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optionarmageddon.ml-implode.com 2/23/2009 —
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The Big Money 3/10/2009
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The Big Money 3/10/2009
Last week, I wrote that the Republican claim that Obama is fighting a war against the rich was bogus. Over the weekend, I thought better of it. It turns out there is a war on the rich. Only it's not being waged by vicious overlords in ...
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The Big Money 3/10/2009
Recommended reading: "Pandit says Citigroup having best quarter since 2007"-- Bloomberg
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