Navigate: Home Archive: May 2009

Steve Ballmer Talks About Microsoft’s New Search Service ‘Bing’

May 28, 2009, 5:10 PM

Microsoft (MSFT) CEO Steve Ballmer talks at the D7 conference about the launch of new search service, Bing, and how it differs from Google (GOOG). The new service,... Read »

Freddie Mac, Fannie Mae Deja Vu?

May 28, 2009, 4:44 PM

Can our economy absorb another financial hit of the magnitude of Freddie Mac (FRE) and Fannie Mae (FNM)? In the process of digging for some data on Uncle Sam’s... Read »

Costco (COST) Not Immune to Retail’s Slump

May 28, 2009, 4:19 PM

The conventional wisdom held that Costco (COST) would fare better than most because of its wholesale prices for bulk purchases. Thus far that theory has shown to... Read »

Currency Market Action 5-28-2009

May 28, 2009, 4:06 PM

NY Forex Market Buzz, Thursday 5/28.  Read More →

Perverse Incentives Encourage Excessive Risk-Taking

May 28, 2009, 3:36 PM

In an article in Thursday’s WSJ, Alan S. Blinder says that the perverse incentives that encouraged excessive risk-taking with other people’s money bear... Read »

Let’s Look Under the Washington Mutual Rock

May 28, 2009, 3:23 PM

Many people may think Washington Mutual (WM) is just another large financial conglomerate that has since gone into thrift heaven via its takeover by JP Morgan (JPM).... Read »

Recession to Last Another Six to Nine Months Before it’s Over, Roubini

May 28, 2009, 3:16 PM

In an interview with Reuters, New York University economics professor Nouriel Roubini said  that while the recession in the U.S. may well be over at the end of... Read »

Is the Fed Losing the Interest Rate Battle?

May 28, 2009, 3:06 PM

I doubt that any of you have missed the news of the carnage in the bond markets. Yesterday the mortgage market took it on the chin and it spilled over to the market... Read »

Proskauer’s Jeff Marwil on the GM Bankruptcy

May 28, 2009, 2:59 PM

GM announced on Thursday it had reached a deal with several major bondholders that would give them a bigger stake in a reorganized automaker. In an interview with... Read »

More Thoughts on Potential GDP and the Output Gap

May 28, 2009, 2:52 PM

In several past posts, I’ve been taken to task for using the CBO measure of the output gap (and the associated measure of potential GDP) [0] [1]. Some criticize... Read »

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