Feb Trade Deficit above expectations
The Feb Trade Deficit was $1.2b above expectations at $39.7b and up from $37b in Jan. The rise in the deficit was due to a 1.7% gain in...
China/Greece/Small biz not drinking the Kook Aid
For those familiar with Alcoa for a while know that the only bellwether status it has is that of serial disappointer (is that a word?)...
Hudson Castle: Lehman’s Secret Risk-Shielding Tricks
The NYT digs up a secret Lehman Brothers memo about Hudson Castle — part of a financial system that enabled banks to exchange...
Lehman’s Secret Memo Hiding Risk
NYT reveals a secret Lehman Brothers memo detailing how they temporarily transfered their exposure to the risky investments tied to...
Plummeting Death Reform
Very funny, from new Pulitzer prize winner Mark Fiore: click for video Hat tip Barry2
Pulitzers to WaPo, NYT, Prop Publica, Liaquat Ahamed
Congratulations to this year’s Pulitzer prize winners: • The Washington Post won four Pulitzers; • The New York Times won...
LIBOR/Treasury Spread, 1987-2010
The prior Global Debt to GDP post made me dig up this excellent chart from Ron Griess of The Chart Store. It shows the 2007-09 crisis was...
Global Debt Relative to GDP
In terms of National (versus State) debt levels as compared to GDP, have a look at the cartogram below. Europe makes the USA look like a...
Farewell To The Most Widely Anticipated IPO Ever?
If there was ever a more widely anticipated and publicized IPO than PALM, a commenter will have to remind me what it was. [BR: Google?]...
No Room to Relax
Andy Xie is a former Morgan Stanley analyst now living in China ~~~ The central government has unleashed another round of property...