By Niall Ferguson and Nouriel Roubini We fear that the German government’s policy of doing “too little too late” risks a repeat of precisely the…
…the problem that lies at the heart of the matter: a warped financial system, both in the U.S. and globally, that directs scarce capital to…
… in its quarterly “flow of funds” report on Thursday, the Federal Reserve sharply revised its estimates of how much cash companies are holding on…
It may now be time to cross that red line and force some bank bondholders, even senior bondholders, to take losses. Throughout the now five-year-old…
Prudent Germany, the narrative goes, is loath to bail out freeloading Greece, which borrowed more than it could afford and now must suffer the consequences.…
When JPMorgan Chase revealed its $2 billion loss last week, it looked as though the big Wall Street banks were up to their old tricks,…
There is an undeniable internal logic to the crazy idea that Greece should jettison the euro and accept the U.S. dollar as its national currency.
Before you dismiss my crazy idea out of hand, hear me out. It might not be as crazy as it se…
RTT NewsMotorola Mobility Posts Wider LossWall Street JournalBy GREG BENSINGER Motorola Mobility Holdings Inc. posted a wider first-quarter loss after selling fewer mobile devices in this year's first three months. Motorola, which is awaiting appro…
Jon Hilsenrath, at the WSJ, must have had a phone call with Ben Bernanke on Saturday. Accordingly, Jon put an article out just in time to influence the market on Monday morning. The headline says it all:
No doubt, Bernanke is watching the price of …
.Self-Serving Accounting
There’s been an ongoing row about changes in lease accounting. Big players in the leasing industry (think GE) have been fighting the changes tooth-and-nail. This article had some interesting data on the consequences of the n…
