It’s been some time since our last post. It would be nice to think that’s… Read more Another Crisis? Really?
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It’s Time to Stop the Nonsense
It’s hard to overstate the amount of nonsensical chatter on credit default swaps (CDS) in... Read more It’s Time to Stop the Nonsense
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Don’t stir the pot if you don’t understand the ingredients
The prospect for bigger haircuts on Greek government bonds is in the news, and so... Read more Don't stir the pot if you don't understand the ingredients
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With Friends Like This….
It’s one thing to get criticized by those who don’t understand or like the financial... Read more With Friends Like This….
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Collateral: The Rest of the Story
Recent media articles in two of our favorite publications (The New York Times, The Wall Street... Read more Collateral: The Rest of the Story
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“Shocked, shocked”
A paper on the CDS market released yesterday by the New York Fed drew some... Read more “Shocked, shocked”
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“There you go again….”
Back in the 1980 presidential campaign, Ronald Reagan used this phrase to great effect to... Read more "There you go again...."
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Sunday NY Times – Neither Here Nor There
Press coverage of the European debt crisis and its potential impact on the US is... Read more Sunday NY Times - Neither Here Nor There