bailout

by Claus Vistesen: Hull It is not that I don't enjoy a good old bull/Teflon run as much as the next guy but just to provide some form of balance to the current QEeasy Money Hymn I almost choked on my oatmeal earlier this week when I loaded…

The following video is from the Wall Street Journal and serves as a continuation on the theme of investigating the economies of Europe's periphery. These videos are good because it puts a human face on a subject for people unfamiliar with…

The latest interview with Max Keiser this past Friday talking a bit about credit writedowns, real estate and trying to avoid another leg down. The video conversation is in three parts. Enjoy.

Here are some quick thoughts on what's happening in Ireland. The Irish situation is mostly about the collapse in the economy due to a huge run-up in private sector debts. This has been complicated by Iceland-style bailouts for an outsized…

Jim Chanos, the famous shortseller, was on CNBC talking about the auto bailouts. Chanos thinks the story the administration is telling us about the success of the bailouts is misleading. Note the figures that Chanos cites on the return on…

A friend who is a well-connected Washington insider sent me the text of a piece by Ben Smith on how successful TARP was late last night, asking: This is the first mention I’ve seen in the more mainstream media. Anybody raise this in…

A few comments today: I like Sheila Bair.  She acts like a regulator should. When she warns of government exposure in mortgages, you should read the subtext as "if we in government are going to be the entire mortgage market, we…

If you haven't read Monday at the Treasury: an overlong exegesis, Steve Waldman's review of his meeting at Treasury with Tim Geithner, do so. It's a great piece. Steve's piece certainly showed how Tim Geithner and I agree on public policy.…

Well, I, for one, am more or less willing to throw in the towel on behalf of Inflation. For the near future at least, his adversary in the blue trunks, Deflation, has won on points. Even if we get intermittently rising commodity prices,…

As we begin the second half of what has already been a challenging year, it may be helpful to consider the potential drivers of the global capital markets.    As always, numerous factors have to be juggled.  Now however,…