2009

Burris Says Was Asked to Raise Funds for Blagojevich - Bloomberg.com Just how big are the UK banks - UK Bubble (Alice Cook is all over this one -- and it's not just about RBS. Thanks for the link, Alice.) Royal Bank of Scotland paid…

A recent note from Time Magazine's blog, Swampland: This looks real bad, both for Roland Burris and his country. First a quick recap: Burris gets appointed to the Senate by Rod Blagojevich, a self-made cartoon of political ineptness and…

C-Span ranks the former Presidents: Honest Abe gets top billing, follwed by Washington, FDR, Teddy Roosevelt and Truman. How did the George Bushes, Bill Clinton, and Ronald Reagan do? Click the link to find out.

Today's Globe & Mail does an excellent job of presenting the three different potential outcomes for the global economy, one optimistic, one pessimistic and a third somewhere in between. Below are the key snippets of their article…

Just a few hours ago, I posted an article about European toxic asset exposure based on a Telegraph article.  The crux of the Telegraph piece was that European banks have a shed load of bad debt on their books.  A secret European Commission…

Now that I have burnished my bullish bona fides with two posts from the optimistic viewpoint, I want to share with you an analysis from John Mauldin that is much closer to the truth regarding where the global economy is headed, what type of…

If you had read the Telegraph on February 12, you would be inclined to believe there might be even more toxic assets on European bank balance sheets than on American bank balance sheets. However, anyone who read the Telegraph later would…

With a name like "Credit Writedowns," this site is obviously not preternaturally given to the wildly optimistic scenario. In fact, my operating assumption is to hope for the best, but plan for the worst and expect something in between.…

Despite having made a number of bearish comments regarding China and its near-term outlook, I am a long-term China bull. Even over the short-term, China's willingess to fund long-term infrastructure projects will serve as a buffer against…

Our site was down for the entire day from 9am - 9pm EST.  I had a lot of ideas and a particular tip to write about, but the day has been a complete bust. We apologizie for the inconvenience.  If anyone has good advice on a reliable…