informationarbitrage.com - 3/9/2009
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Gap management . A very easy and straight-forward concept that has been butchered by countless firms, laid bare by the financial crisis. Funding long-dated assets with short-dated liabilities? A profitable strategy when everything is rosy, but potentially fatal when conditions turn negative. ...
money.cnn.com - 3/3/2009
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money.cnn.com —
NEW YORK (Fortune) -- Years from now, when
academics search for causes of the stock market crash...
of 2008, they will focus on the pivotal role of mortgage-backed securities. These exotic financial instruments allowed a downturn in U.S. home prices to ...
(more)
The secret history of Bear Stearns' collapse - Mar. 3, 2009
bloomberg.com - 3/11/2009
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bloomberg.com —
March 10 (Bloomberg) -- Bank debt is as
stressed as when Bear Stearns Cos. had to be...
bailed out and Lehman Brothers Holdings Inc. collapsed, according to analysts at BNP Paribas SA. The CHART OF THE DAY shows contracts on the Markit iTraxx Financial ...
(more)
Bank Debt Stressed at Bear Stearns, Lehman Peaks: Chart ...
miamiherald.com - 3/2/2009
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miamiherald.com —
The Treasury Department has hinged a big part
of its plans for the banking industry on a...
so-called stress test, but has revealed almost nothing about what the test might entail. The government's latest lifeline for major banks, announced Monday, has ...
(more)
Treasury Department's bank stress test a mystery - ...
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Blog Reactions
Sunday links: no risk premium
Abnormal Returns —
... “consumers are adapting to the new economic reality, and fast.” (Time.com)
Consumers are getting a bonus from lower oil prices. (Calculated Risk)
The U.S. economy is going to have to reform while it rebounds. (macroblog)
Will the markets eventually run out of confidence in the Feds? (Baseline Scenario also Information Arbitrage)
How current market craziness is helping ...
Tuesday's Links
Todd Sullivan's - ValuePlays —
... - What happened?
- So me interesting thoughts on the subject
- Makes sense
- Ok Barak, there is no such thing as a "Taliban Moderate"
Disclosure ("none" means no position):
Visit the ValuePlays Bookstore for Great Investing Books ...
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