Some financial firms, but not all, will be saved. The pattern was set with Bear Stearns in March and repeated with Fannie, Freddie and AIG this month — but not Lehman Brothers. Information Arbitrage lays it out this morning here.
“Unwittingly or not, Treasury Secretary Paulson has effectively created the Paulson Doctrine. The doctrine states […]
Posted on September 22nd, 2008 by
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It’s been an unprecedented few weeks on Wall Street, with the credit crisis coming home to roost via record market losses and gains, unexpected
Posted on September 22nd, 2008 by
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Tyler Cowen from the Marginal Revolution blog has a selection of old AIG commercials. Can you say foreshadowing?
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http://www.youtube.com/watch?v=At6F0M4bS P8
The greatest risk is not taking one.”
http://www.youtube.com/watch?v=9VvGW98D3 XA
“Debts are easy to fix, but liability is the nightmare.”
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Posted on September 22nd, 2008 by
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Some big news Monday from big-cap tech, which admittedly has gotten lost in the shuffle of our coverage of the dramatic developments on Wall Street in recent weeks: Microsoft upped its quarterly dividend by 18% to $0. …
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Posted on September 22nd, 2008 by
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Manchester United’s Wayne Rooney and Gary Neville looked perfectly happy sporting AIG as a sponsor earlier this month. Would they be equally pleased with the letters replaced by “FED?”
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Posted on September 22nd, 2008 by
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From Clusterstock, Sept. 22, 2008 Morgan Stanley and Goldman Sachs will soon be bank holding companies. This means Wall Street as we knew it has ceased to exist.The Fed granted a request from Morgan and Goldman to make the switch, subject to a five-d
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Posted on September 22nd, 2008 by
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American International Group’s bailout sounds a lot like the conservatorship of Freddie Mac and Fannie Mae. The Treasury will be at pains to make sure everybody knows AIG shareholders are getting wiped out, not bailed out. Meanwhile, the fired management of AIG will be due millions of dollars in golden anvils (as opposed to the […]
Posted on September 22nd, 2008 by
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Some financial firms, but not all, will be saved. The pattern was set with Bear Stearns in March and repeated with Fannie, Freddie and AIG this month — but not Lehman Brothers. Information Arbitrage lays it out this morning here.
“Unwittingly or not, Treasury Secretary Paulson has effectively created the Paulson Doctrine. The doctrine states […]
Posted on September 22nd, 2008 by
Filed under: options news, stock news | No Comments »
