The Huffington Post (Free subscription) | 11/24/2009
This post originally appeared at Credit Writedowns. In this post: A few thoughts about the limitations of government Our founding fathers How large should government...
The Huffington Post (Free subscription) | 11/24/2009
This post originally appeared at Credit Writedowns. Two weeks ago as the Financial Reform Bill was wending its way through Congress, Paul Kanjorski emerged as...
SeekingAlpha.com (Free subscription) | 11/28/2009
Edward Harrison submits: A lot has been made of the most recent FDIC quarterly report , especially the large increase in problem banks to 550 – at least in the blogospehere ; some media outlets seem to be burying this news . Underneath this news are the specific stories about troubled institutions, some of which the FDIC chronicles in its monthly list of orders of administrative...
SeekingAlpha.com (Free subscription) | 11/26/2009
Edward Harrison submits: Benchmark Currencies: 16 Dec 2008 click to enlarge Complete Story »
naked capitalism (Free subscription) | 11/23/2009
By Edward Harrison of Credit Writedowns. In this post: A few thoughts about the limitations of government Our founding fathers How large should government be? How policy helps frame the debate Where we are headed In a recent post, “Stop the madness now!” I voiced my growing concern with the direction in which the country is [...]
Mortgage News Clips (Free subscription) | 11/24/2009
Morgan Stanley expects 10-year yields to rise 220 bps in 2010 - Posted by Edward Harrison – … Realistically, if rates spike to 5.5%, it would be a blood bath for insurers, and probably for pension funds (and hence municipalities as well). Mortgage rates would skyrocket and this would stop any housing [...]
naked capitalism (Free subscription) | 11/24/2009
By Edward Harrison of Credit Writedowns The Financial Times reports that British regulators have now opened up to reveal more of the details surrounding the emergency aid banks received during the most acute periods of stress to date in the financial crisis. Meanwhile, in the U.S., the Federal Reserve continues to resist providing greater details. The sum [...]
naked capitalism (Free subscription) | 11/24/2009
By Edward Harrison of Credit Writedowns Two weeks ago as the Financial Reform Bill was wending its way through Congress, Paul Kanjorski emerged as the champion of breaking up too-big-to-fail financial institutions. After seeing trillions of dollars in taxpayer money go to backstopping, propping up and guaranteeing the liabilities of weak financial institutions, It looked like [...]
SeekingAlpha.com (Free subscription) | 11/24/2009
Edward Harrison submits: Bonds like this. Let’s see how the stock market reacts to this. Pre-market data show no big moves. From the BEA: Complete Story »
SeekingAlpha.com (Free subscription) | 11/24/2009
Edward Harrison submits: The Financial Times reports that British regulators have now opened up to reveal more of the details surrounding the emergency aid banks received during the most acute periods of stress to date in the financial crisis. Meanwhile, in the U.S., the Federal Reserve continues to resist providing greater details. The sum some of Britain’s largest largest banks...
News Dissector Blog (Free subscription) | 11/24/2009
FT: S&P raises fears over health of some banks A study by Standard & Poor’s, one of the world’s leading credit rating agencies, has raised questions over the financial strength of some of the biggest banks ahead of new rules that could require them to raise more funds. Edward Harrison quotes The Telegraph of London on Naked [...]
Credit Writedowns (Free subscription) | 11/25/2009
... - Newsletters - Twitter - News - Comments - Seeking Alpha Copyright © by Credit Writedowns Author: Edward Harrison; Tags: distraction , finance , Links
naked capitalism (Free subscription) | 11/24/2009
By Edward Harrison of Credit Writedowns My post title is an ode to Yves Smith, who likes to feign surprise when the blindingly obvious finally comes into plain view for all to see. The latest sign that underneath the surface weakness remains at large financial institutions comes courtesy of Standard & Poors. According to the Telegraph’s [...]
Dollars & Sense blog (Free subscription) | 11/23/2009
... that the deficit isn't as worrisome as the alternatives. And here is a piece on these topics by Edward Harrison, guest-blogging at Naked Capitalism, arguing for a focus on job-creation--direct if possible.
naked capitalism (Free subscription) | 11/23/2009
By Edward Harrison of Credit Writedowns This comes via Deal Book at the New York Times. The company’s chief executive, Fritz Henderson, called the repayment plan “a personal commitment.” The Obama administration, wardens of the 60 percent taxpayer stake in the company, declared itself “encouraged” by the news. Many commentators followed suit. But in the premature...
