FDIC’s Failed Bank List

Indy Mac enters the chart with a bullet:



Category: Credit, Psychology

Category: Markets, Psychology

Breaking News: Herb Greenberg Resigns CNBC

Here’s some sad news that has yet to hit the wires: Herb Greenberg has resigned as a full-time contributor to CNBC. (No, he’s not going to Fox Business).

Here’s what Herb wrote to CNBC:

Just an FYI: I’ve pulled myself out of the contributor
rotation to focus exclusively on my business, which has become
more-than-a-fulltime job. It wasn’t an easy decision to walk away. I’ll still be
available from time to time as a non-contributor guest, as time permits, and I
remain committed to CNBC.

Herb will be missed on CNBC — he is a skeptical voice of reason who oftentimes doubts the nonsense spin we hear all too frequently from corporate executives. And, he’s been proven right far too many times to ignore. He will be missed.

Herb’s new firm is called Greenberg Meritz, and the focus will be "Bridging Financial Journalism and Forensic Analysis."

We wish him luck at his new venture, and if he ever wants to get some info out to a wider distribution, our doors are always open . . .

Click for video

Category: Financial Press, Video

Fannie & Freddie See Red

Category: Trading

Barron’s Cover on Housing

Category: Credit, Financial Press, Real Estate

“You Can’t Fight the Fed”

Category: Federal Reserve, Fixed Income/Interest Rates, Investing, Markets, Psychology, Trading

Video: IndyMac CEO Interview on CNBC

An interview on CNBC with IndyMac Bank CEO Michael Perry about company’s Option ARM mortgage portfolio and Federal Reserve’s decision to leave interest rates unchanged.

You get the sense that Indy Mac’s CEO has absolutely zero idea as to whats coming,

September 20, 2006:


Category: Credit, Video

Fed to Lend to Fannie & Freddie

Category: Credit, Federal Reserve


Category: Science

It’s a Great Time to Be an Investor !

Category: Apprenticed Investor, Investing, Markets, Psychology, Trading