Troubled Bank Loans at Record Highs
Flloyd Noris points out in his latest New York Times column – that not only is the overall loan quality at American banks the worst in at least two decades,... Read »
The Current Downturn Bears no Resemblance to the Great Depression
This chart presented by Donald Marron’s blog shows the six largest declines in output since the 1930s, and reinforces the notion that while the severity of... Read »
OECD Area Experiences the Largest GDP Fall in Record
The output of goods and services produced by labor and property located in the in the Organisation for Economic Co-operation and Development [OECD] area fell by... Read »
Bob Rodriguez: ‘We Have an Economy of Entitlement’
Presented below is a CNBC interview with Bob Rodriguez, First Pacific Advisors principal/CEO. Mr. Rodriques was named Morningstar fund manager of the year for 2008... Read »
CRE Lending to Hit $25 bln this Year
Experts warn that the next shoe to drop (some people are predicting September) is the commercial real-estate market whose fundamentals have grown dramatically weaker... Read »
Representative Brad Sherman (D-CA), Calls BS to Geithner’s “Revolving TARP fund”
He is correct, but it’s even more simple than he explains. Geither claims that the TARP money goes into the general fund (Geithner to DeMint: Bailouts may never... Read »
Dell Not Ready to Call the Bottom in PC Sales
In contrast the tone of some optimistic technology companies, Dell (DELL) reported on Thursday evening that the bottom in sales of computers could still be ahead.... Read »
Some Thoughts on Equity Valuation
Hard to believe it’s month-end already. Gee, time sure does fly when you’re having fun. (Or…..B.) In any event, the lack of massive equity moves,... Read »
GM to File for Bankruptcy on Monday, FoxBusiness
FOX Business Network has confirmed that General Motors (GM) will file for bankruptcy on Monday in federal court in New York City. The filing will come after an announcement... Read »
Health Care Moving to the Front Burner
After all the talk this Spring about health care reform, it looks as if the battle will be joined early next month and contrary to conventional wisdom they appear... Read »






