Tag Archives: Lehman Bros.

What A Difference 4 Years Makes

It is hard to imagine now that four years ago George Bush was reelected in the midst of a climate of fear and suspicion. Democrats were on the defensive, the long term relevancy of their party being questioned by the … Continue reading

Posted in Barack Obama, Business, Economics, Entertainment, Innovation, Journalism, New Federalism, Politics, Recession, Technology, Television, Wall Street | Tagged , , , , , , , , , , , | Leave a comment

Credit Logjam

As I said on Oct. 13,the massive injections of liquidity by governments around the world are beginning to calm the markets. The credit markets, which is all I’ve been paying attention to, are beginning to ease, with three month LIBOR … Continue reading

Posted in Business, Economics, Recession, Wall Street | Tagged , , , | Leave a comment

Paulson's Credibility

How does Hank Paulson keep his credibility if he bails out AIG? He just said “no more bailouts” and now Andrew Sorkin is reporting that the Fed may provide a rescue package to AIG, two days after refusing Lehman. Where … Continue reading

Posted in Business, Recession, Wall Street | Tagged , , | Leave a comment

Paulson's Credibility

How does Hank Paulson keep his credibility if he bails out AIG? He just said “no more bailouts” and now Andrew Sorkin is reporting that the Fed may provide a rescue package to AIG, two days after refusing Lehman. Where … Continue reading

Posted in Business, Recession, Wall Street | Tagged , , | Leave a comment

Roots of The Credit Crisis

This seemingly innocuous power point slide from the Securities and Exchange Commission (SEC) was used in June of 2004 to explain to market participants a new ruling on how broker dealers could compute their “net capital”. Instead of the previous fixed … Continue reading

Posted in Barack Obama, Economics, Recession, Wall Street | Tagged , , , | 38 Comments

Vultures Circling Lehman

As Lehman crashes the short sellers are making millions. Ah–the wonders of the free market.

Posted in Business, Economics, Journalism, Recession, Wall Street | Tagged , | Leave a comment

Dangerous Ten Days Ahead

On January 2nd of this year, in one of my initial posts, I warned that we were entering “financial hell” and sourced the quote to Warren Buffet who said that derivatives like those that have caused the credit crisis are like ”hell… … Continue reading

Posted in Business, Economics, Innovation, Recession, Wall Street | Tagged , , , | Leave a comment

Dangerous Ten Days Ahead

On January 2nd of this year, in one of my initial posts, I warned that we were entering “financial hell” and sourced the quote to Warren Buffet who said that derivatives like those that have caused the credit crisis are like ”hell… … Continue reading

Posted in Business, Economics, Innovation, Recession, Wall Street | Tagged , , , | Leave a comment

Deja Vu All Over Again

I remember on Sept 12 of last year, at the height of the first sub prime scare, the street breathed a sigh of relief when legendary investor Joseph Lewis (above) revealed he had invested $800 million in Bear Stearns. The same thing happened … Continue reading

Posted in Business, Economics, Recession, Wall Street | Tagged , , , , | Leave a comment