Much has been made recently about the distinction between financial bloggers and mainstream media journalists and whether or not there should even be one. I hope that one day, we are all judged by the quality of our insight and integrity, rather than by our majors in college. With the deepest respect for the words…
Washington Post
Hot Links: Public Service Announcements
[vodpod id=Groupvideo.3238249&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Stuff I’m Reading this Morning… Big rally in China last night, in the face of the possible Panda Bear market. (MarketWatch) Money market funds are overdue for “drastic surgery”. (Bloomberg) IRS Commissioner Doug Shulman on the offshore account crackdown. (FoxBiz) What are the ten best-selling cars in the Cash 4 Clunkers program? …
Breakfast Links: Housing Bottoms, Car Wars & Pigs in the Hamptons
Stuff I’m Reading this Morning… Major firm strategists move around their year-end S&P 500 targets, as if anyone cares what they think anymore. (BIG) I agree with this one, farewell Geneva asset management biz…do some actual work. (Minyanville) Bank failures accelerating. (TBP) Ezra Klein on the new Menu Labeling trend. (WaPo) Henry Blodget explains the…
Breakfast Links: Bernanke, Mortgage Brokers & Nine Inch Nails
Stuff I’m Reading this Morning… Filthy mortgage brokers are now calling themselves “Loan Modification Specialists“. Jason kills it with this post. (LOLFed) Some color on Ben Bernanke‘s op-ed, published late yesterday in advance of this week’s testimony. (Bloomberg) Ezra Klein tackles the healthcare debate with an idea that just. might. work. (Washington Post) ShadowBanker takes…
Breakfast Links: SAC, Teenagers & Buy and Hold
Stuff I’m Reading this Morning… Larry Kudlow hosted a debate between Prof Jeremy Siegel and Barry Ritholtz about Buy and Hold. (TBP) Securitizing Teens? Someone with too much free time discusses paying teachers based on the earnings of their former students. (Freakonomics) Calpers no likey the ratings agencies! (NYT) Peter Barnes of Fox Business and…
Breakfast Links: Reason #267 that Soccer Rules
[vodpod id=Groupvideo.2939270&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Stuff I’m Reading this Morning… The wonks think that Ben Bernanke‘s job will be safe when his term expires in January. (MarketWatch) Simon Johnson wonders who OUR Upton Sinclair will be…where’s a good muckraker when you need one? (Baseline Scenario) Business people and investors bug out as China locks up four Rio Tinto…
March 12th: Balance Sheet Amnesty Day?
What’s the story with March 12th? Basically, the thinking out there goes something like this. Congress is planning to take a look at possibly easing the Mark-to-Market accounting rules, giving US banks a fighting chance at making it through this period. From the Washington Post: A House Financial Services subcomittee has scheduled a March 12…
