And NOW Young Monoline… You Will Die
Moody’s has downgraded FSA and Assured Guaranty on Friday, claiming that with the future of municipal monoline insurance uncertain, it is unlikely that any... Read »
Cable & the Internet vs the FCC
You may not know it, but the cable industry is fighting a battle for the future of the internet. In the grand scheme of things, I think both the FCC and the Cable... Read »
The Seduction of Municipal Derivatives: JUST DON’T DO IT
Bloomberg just ran a story on municipalities entering into derivatives contracts to help finance budget deficits. I’ve seen this movie before about 15 years... Read »
Blowin’ in the Wind
The financial markets have been ailing for more than a year but the economic troubles are only just beginning, as today’s round of sobering economic updates... Read »
In Rough Times, Inferior Goods Make Superior Stocks
Students of Economics 101 will remember the lesson of inferior goods, which are goods whose demand is inversely related to the consumer’s income or purchasing... Read »
Twitter: I Can See Clearly Now
Though a fan and a user of Twitter, I have had my doubts as to true value of the platform. However, a recent release by one of my companies has made me see more... Read »
GSE Debt: My God, they aren’t kidding!
The Fed will be buying up to $600 billion in debt and MBS backed by Fannie Mae and Freddie Mac. Yeah, that’ll move the market. Today we had Agency debt 30-40bps... Read »
Cisco Plans 5 Day Shutdown at Year End
Cisco Systems’ (CSCO) shares dropped more than 6% during today’s trading session, after the networking giant said it would shut down most of its U.S.... Read »
FDIC: Commercial Banks, Thrifts Net Income Down 94%
According to an FDIC report released Tuesday morning, commercial bank and thrifts earned $1.7 Billion in Q3’08, down 94% from $28.7 billion they earned in... Read »
Stock! Are You Out of Your Vulcan Mind?
Yes, we recognize that we may be crazy to take a positive stance on Vulcan Materials Co (VMC). as we did several weeks back. Vulcan announced a few days ago that... Read »






