Archive for September, 2008

• Tuesday links: cash crush
  abnormalreturns, September 30th, 2008 at 1:04 pm, Comments: 0

  The U.S. banking system has been re-made in a matter of weeks.  (WSJ.com, TheDeal.com, MarketBeat) How the bailout bill might move forward.  (naked capitalism) What [...]

• Monday links: a snowball's chance
  abnormalreturns, September 29th, 2008 at 12:55 pm, Comments: 0

  A closer look inside the bailout deal.  (ClusterStock.com, Curious Capitalist, DealBook) The market snubs the proposed deal.  (MarketBeat) Mark-to-market accounting goes by the wayside in [...]

• Sunday links: pressure points
  abnormalreturns, September 28th, 2008 at 4:09 pm, Comments: 0

  We have a bailout deal…we think.  (WSJ.com, ClusterStock.com also Big Picture) Warren Buffett apparently played a role in getting Congress to act.  (CNNMoney.com, Capital Blog, [...]

• Friday links: credit crisis continued
  abnormalreturns, September 26th, 2008 at 11:56 am, Comments: 0

  A note to all of our readers.  During the credit crisis the linkfest has been, at best, a fitful attempt to capture what is going [...]

• Thursday links: short supplies
  abnormalreturns, September 25th, 2008 at 12:55 pm, Comments: 0

  Short-term treasuries are in short supply.  (WSJ.com also Mish) Banks are not lending to each other.  (FT Alphaville, MarketBeat) Hedge fund redemptions ramp up.  (MarketBeat) [...]

• Wednesday links: synthetic shorting
  abnormalreturns, September 24th, 2008 at 12:33 pm, Comments: 0

  Warren Buffett bolsters confidence and gets a sweet deal to by putting $5 billion into Goldman Sachs (GS).  (WSJ.com, NYTimes.com, ClusterStock.com) Some skepticism on the [...]

• Tuesday links: barbells and bailouts
  abnormalreturns, September 23rd, 2008 at 11:14 am, Comments: 0

  For Goldman Sachs (GS) and Morgan Stanley (MS) “Investors need to understand that the Fed’s oversight gives very little wiggle room.”  (WSJ.com) Don’t think Washington [...]

• Emerging market divergence
  abnormalreturns, September 22nd, 2008 at 2:45 pm, Comments: 0

  We had gotten away from posts that included “charts that need no further explanation.”  This chart shows the relative performance of an emerging market bond [...]

• Monday links: a black day for free markets
  abnormalreturns, September 22nd, 2008 at 12:28 pm, Comments: 0

  The last two remaining big investment banks gain bank holding company status.  (WSJ.com, ClusterStock.com, DealBreaker.com) A $700 billion pool of assets…let the lobbying begin!  (NYTimes.com) [...]

• Sunday links: the Splurge
  abnormalreturns, September 21st, 2008 at 3:17 pm, Comments: 0

  Will the rescue plan work and how much will it cost?  (NYTimes.com) Economists back the rescue plan.  No they don’t.  (Real Time Economics, naked capitalism) [...]