Bloomberg M&A screen
By Barry Ritholtz - May 22nd, 2009, 10:14AM
This is rather amusing. Note the Industry: Sovereign!
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Hat tip Josh Rosner
Macro Notes
We don’t want your help because maybe we don’t need itPeter Boockvar
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
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May 22nd, 2009 at 10:22 am
I note the nature of bid…”friendly”! Does this mean we actually wanted to buy this failed business model?
May 22nd, 2009 at 10:37 am
wish that were my bank account. i’ve always wanted to buy belize.
barry, since you’ve run a couple of these bloomberg screens recently, two comments. i like the fact that your screen grab is not a thumbnail, as zerohedge runs them (and a lot of them!). but these screens require some annotation, which zerohedge consistently fails to provide: screen shot with comment: “wow, look at that spike!” (“ok, tyler, what’s so remarkable about that spike? lots of other spikes in there” etc.). not all of us have a trading desk and a fed window, and these screens are both instructive and arcane.
really, is there anything more here than the usa is categorized as sovereign and tarp is categorized as friendly?
May 22nd, 2009 at 10:48 am
Payment type: Cash “printed fresh daily”! LOL.
Cash Value: “declining”
May 22nd, 2009 at 11:47 am
it says “Sovreign”, not “Solvent”
May 22nd, 2009 at 1:47 pm
What’s so amusing about it? It would be amusing if the industry read: Bailout
May 22nd, 2009 at 2:15 pm
How in the hell does this fit into “life, liberty and the pursuit of happiness.” Sad times for a diminished republic.
May 22nd, 2009 at 3:04 pm
[...] From Barry Ritholtz: The relatively new industry classification in M&A deals–sovereign. [...]
May 22nd, 2009 at 9:27 pm
The US is TBTF. God will come to the rescue, preferably in the form of a large ARC which will take onboard all the Bankers in the world two by two and float them to the Middle East somewhere. Anywhere.
May 22nd, 2009 at 9:38 pm
matt, that you?
May 23rd, 2009 at 1:49 pm
[...] From Barry Ritholtz: The relatively new industry classification in M&A deals–sovereign. [...]