Wall Street Gains on Citigroup Rescue
President-elect Barack Obama was one of the few people that could have restored confidence in the financial markets through the appointment of a Cabinet members... Read »
Citigroup Scores
If you had any doubt at all about the primacy of Wall Street over Main Street; the utter lack of transparency behind the biggest government giveaways in history... Read »
Citigroup: Massive Rescue Plan Announced
The U.S. federal government agreed on Sunday night on a massive rescue plan for banking giant Citigroup (C). The plan consists of two key features: the Treasury... Read »
We, the People: Good Bank, Bad Bank, OUR BANK
With the news that the U.S. Government is on the cusp of striking a Good Bank/Bad Bank restructuring deal with Citigroup, I am left with the following question:... Read »
Understanding and Identifying the Winners of Tomorrow
My friends Fred and Howard each penned “Lost Decade” posts that offered valuable perspectives on who the winners of tomorrow might be. Fred points to... Read »
Why is the Balance of Payments Constraint Such a Mystery?
Fareed Zakaria usually writes very interesting pieces on international policy issues, but it seems to me that there is so much mystery about how the global balance... Read »
Free the Analysts From Ratings and Estimates
This is an often written about topic, so let’s beat this horse a bit more, shall we? Every year, in the October issue of Institutional Investor magazine, the... Read »
How Obama is Already Taking Charge
Obama’s immediate challenge is to fill the leadership vacuum created by a lame-duck president with historically-low approval ratings who seems to have lost... Read »
Why CitiGroup is About to Be Bailed Out and Not General Motors
Citigroup (C) was once the biggest U.S. bank. General Motors (GM) was once the biggest automaker in the world. Now, both are on the brink. Yet Citigroup is likely... Read »
Bulging Side Pockets: Turning Hedge Funds into Private Equity Funds?
Many hedge funds are in trouble. Whether due to bad security selection, issues that were once considered liquid that now “trade by appointment” or by... Read »






