Disappearing Punch Bowl
From Bloomberg:Since January, Countrywide, Bank of America Corp., Washington Mutual Inc. and IndyMac Bancorp Inc.…
Jesse FelderMay 6, 2008
Chart of the Day: Russell 2000 Index
The chart above depicts the Russell 2000 Index's trading for the past 6 months. This…
Jesse FelderMay 5, 2008
“Crunch-a-tize Me Cap’n!”
Today we hear from the Fed that the current credit crunch is making history:The Federal…
Jesse FelderMay 5, 2008
How to lose $10 billion in a weekend: YAAAHOOOUOOO!
Over the weekend, Yahoo! told Microsoft that their improved bid for the company was still…
Jesse FelderMay 5, 2008
The Consequences of Bubble-Logic
On Monday, I wrote about the record vacancies currently plaguing the housing market. Today the…
Jesse FelderMay 3, 2008
Portland Pizza Joints See Record Profits
The Oregonian reports today:A group of marchers are winding their way through downtown Portland today…
Jesse FelderMay 3, 2008
No Way, Jose!
Jose Canseco has officially given his mortgage lender the bird:Former U.S. baseball star Jose Canseco…
Jesse FelderMay 2, 2008
“That Zero Is Too Cold For Me”
Bloomberg reports the latest from the bond market:Financial market turmoil has caused the fixed rate…
Jesse FelderMay 2, 2008