Bloomberg has an interesting article on how rating agencies did a considerable amount of damage by not being quite honest with rating, creating the current ...
Warren Buffett is now officially in. The grand old man of value investing has just pumped in $5 billion into Goldman Sachs. Obviously this is viewed on the ...
So how does this work? (Ben Bernanke talking) I believe that under the Treasury program, auctions and other mechanisms could be devised that will give the ...
From an excellent article by Absolute Return Partners (courtesy John Mauldin): Talking about policy makers, back in 1991, when the Japanese property bubble ...
The rescue plan is out and so are thoughts on it. The plan says, in a way I could glean: We’re going to buy mortgages because no one’s buying them. ...
So Paulson’s announced the Troubled Asset Relief Program (TARP): First, to provide critical additional funding to our mortgage markets, the GSEs Fannie ...
More dramatic a day if such a thing is possible. Nifty and Sensex up over 5% in a day. SEC bans short selling of 700+ financial stocks. Dow, S&P up 3%. ...
So Iran is considering removing zeroes from its currency: Iran is considering lopping three to four zeros off its currency, a top official said Monday, in an ...
The UK has banned short selling of financial stocks till Jan 2009. And now, the US is considering a similar move: The Securities and Exchange Commission ...
