Archive for the ‘Markets Matter’ Category
Wednesday, July 16th, 2008
The Credit Crisis seems to be approaching its nadir, although it is clear that we will lose several more banks, perhaps many of the smaller “me too” banks, before this experience is over. We seem to be moving into a phase that happens in every crisis from war to basketball. ...
Posted in leadership, Markets and Regulation, Federal Housing Agencies, When Regulation Goes Wrong | No Comments »
Sunday, June 29th, 2008
For better or worse, dear reader, I am not going to abandon 30 years of hard experience and 60 years of research by the best scholars the discipline of Finance has to offer and make a forecast. I believe, and the evidence supports that unless you are looking at longer ...
Posted in I Myself wimp out, Not Myself Opines, Markets Matter | No Comments »
Wednesday, June 25th, 2008
God, but I’m good. Know how to tell? Just read the title of the May 24th post. OK, I’ll cite it myself – “The Rating Agencies: Are They Doomed?” Now we learn that the SEC is giving serious thought to cutting off the agencies’ government-mandated monopoly status. (WSJ, June 24, ...
Posted in Rating Agencies, Markets and Regulation | No Comments »
Saturday, June 14th, 2008
I spend most of my time in this blog raging against the storm of deceit and cynicism that brought us to what might be laughingly called the North American Financial System. But July 4th is a’comin, and it’s time to acknowledge that we live in the fairest, most egalitarian, financial ...
Posted in The Banking Crisis, Markets Matter, Polticial Decisions Affecting Banking | No Comments »