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General
Buffett on CIT and the "Cheaper" Money
Buffett on CIT’s recent troubles: (Via Calculated Risk) CIT pays 13% plus gargantuan fees of 5% or so to get rescue funding, and they had to put up 5x ...
General
Courts Reflecting Society
Fred Kaplan talks about “The Day Obscenity Became Art” – on the 50th anniversary of the day the courts declared that the Post Office may no ...
Mutual Funds
A Mutual Fund Trading Platform
ET: Mutual Fund trading platform takes shape The Association of Mutual Funds in India (Amfi) has shortlisted four entities to develop a common electronic ...
Fixed Income
Bonds and Banking: Fork in the road?
Last Friday’s bond auction results (one, two) are: New 10 year bond (6.9%) for 6,000 cr. : fully subscribed 6 year 2015 at 6.55% yield, 5000 cr.: fully ...
Breaking
ULIP Strikes Again
Jago Investor, which has become an excellent site, has a post on misselling ULIPs. The story: A family that had 10 L to invest, gave it to someone they knew in ...
Charts & Analysis
More Inflation (or the lack of it)
The latest inflation report has inflation at -1.55%. This is WPI inflation but the slope of it is doggedly positive. At 234.7, the index is at the highest ...
Commentary
Goldman’s high-frequency code stolen?
Reuters has it, and an analysis from Zero Hedge: on Friday, one Sergey Aleynikov was arrested at Newark airport by FBI agents, as he was coming back from a ...
Charts & Analysis
Nifty Stocks: EPS not quite growing?
Going through the Nifty stocks as results poured in, and some startling facts: Of the 50, 24 have contracted EPS. Meaning earning per share is less than the ...
Commentary
Michael Lewis writes about AIG
Michael Lewis on how A.I.G. and the insider view, beats up Joe Cossano. Also talks about how Goldman got away with their 100 cents on the dollar, which ...
General