Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and “The Coming Collapse of the Municipal Bond Market” (Aucontrarian.com, 2009…
Tag Archive for Collapse
Facebook News
The pop that wasn’t: Life after Facebook’s IPO – Daily Caller
by Newswires • • 0 Comments
Daily CallerThe pop that wasn't: Life after Facebook's IPODaily CallerFacebook served as the grand finale for a crop of big-name Internet IPOs in the past year or so.Facebook IPO Prompts Call by Issa for SEC Review of RulesBusinessweekFacebook&…
Latest Business Headlines
Why the Bailout in Spain Won’t Work – NYTimes.com
by Newswires • • 0 Comments
Customers of Spanish banks still have reason to worry about the solvency of their banks — and their country — making it reasonable for them to take their money from Spanish banks and send it to banks in safer countries like Germany. Indeed, the bailout makes it less likely Spain can pay back its debts…
European Crisis
Debt crisis: Europe’s democracies must not subcontract their destiny to the Bundebank -Evans-Pritchard, Telegraph
by Newswires • • 0 Comments
By Ambrose Evans-Pritchard Europe has lit the fuse on an economic and financial bomb. The rescue package for Spain cannot plausibly be contained to €100bn once it begins, given the subordination of private creditors and collapse of global confidence in the governing structure of monetary union. Follow the money. Find the profits!Liquidity is money. Regardless of where…
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The IPO Buzz: Double Whammies And A Drought – Seeking Alpha
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The IPO Buzz: Double Whammies And A DroughtSeeking AlphaThe IPO market was hit with double whammies that dried up the calendar. But somewhere in time, there is a light at the end of the tunnel. The most obvious whammy was the Facebook (FB) train wreck….
European Crisis
Spooky parallels between Great Depression and euro crisis – Telegraph
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By Roger Bootle Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow the money. Lee Adler’s Liquidity Trader tracks and…
Economics, Housing, Lee's Free Thinking, Must Read
North Las Vegas Crisis An Example of Why To Stop Crying, “Shadow Inventory!”
by Lee Adler • • 0 Comments
The sad story of North Lost Wages, Nevada, is an example of why the “shadow inventory” issue is a toothless bogeyman for the US as a whole. Not only did the bubble create false pricing. It caused the construction of entire “false communities,” based largely on speculative purchases never intended for occupancy. This bubble activity…
Contributors- Economic and Financial, European Crisis, Must Read, Wolf Richter
Bracing for a Euro Crash and Creating A Housing Bubble: The Swiss Caught in a Vice
by Wolf Richter • • 0 Comments
As developments in the Eurozone veered from bad to awful, with Greece on the brink and Spain getting closer, Switzerland, a speck with 7.9 million people surrounded by turmoil, is bracing itself, according to the President of the Swiss National Bank a…
Latest Business Headlines
Spanish Lender Seeks $24 Billion Bailout – Ratings Cut on 5 Banks – NYTimes.com
by Newswires • • 0 Comments
Spain’s banking crisis worsened Friday as the board of Bankia, the country’s biggest mortgage lender, warned that it would need an additional 19 billion euros ($23.88 billion), far beyond what the government estimated when it seized the bank and its portfolio of delinquent real estate loans earlier this month. Follow the money. Find the profits!Liquidity…
JP Morgan Latest News
Does JPMorgan’s Derivatives Fiasco Portend the Collapse of Crude Oil and … – Huffington Post
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Does JPMorgan's Derivatives Fiasco Portend the Collapse of Crude Oil and …Huffington PostAccording to The Wall Street Journal, JPMorgan's losses on what has been reported as big directional bets on credit derivatives, but never fully disclose…
