The Magnetar Trade
Former WSJ reporter Jesse Eisinger teamed up with author and reporter Jake Bernstein at ProPublica.org. They spent 7 months investigating...
The Magnetar Trade: How One Hedge Fund Helped Keep the Bubble...
Jesse Eisinger and Jake Bernstein, ProPublica – April 9, 2010 1:00 pm EDT ~~~ In late 2005, the booming U.S. housing market seemed...
New Broadway Tune: Bet Against The American Dream !
This video is utterly hysterical (and perhaps in ways more than the way its writers intended): Toxic assets get the full Broadway musical...
Weekend Reading
For your perusing pleasure, here are several worthwhile reads for the weekend: • SHILLER: Don’t Bet the Farm on the Housing Recovery...
Accelerating Orders Around the Globe
Floyd Norris week continues here at the Big Picture. Today’s offering is a global review of surging new orders for businesses. In...
Reform We Can Believe In
April 9, 2010 By John Mauldin It’s Time for Reform We Can Believe In The Fed Must Be Independent Credit Default Swaps Threaten the...
Front Page NYT Contrary Indicator ?
And on a related note to yesterday’s discussions: I think Mike Santoli strikes just the right tone in his Streetwise column this...