Results tagged “Bailouts” from Dealbreaker
YOUR SEARCH
California Learns The Government Won't Bail Out Everyone
Jun 16, 2009, 4:40pm
Posted by Greg Michaels
Apparently there is a limit to the government's willingness to serve up bailouts. While GM and Chrysler were worthy of a helping hand, the state of California is being left to its own devices. As the California State Controller warned...
The Everyman's Bailout
Jun 16, 2009, 12:02pm
Posted by Greg Michaels
You know there are some vibrant green shoots when major credit card issuers are voluntarily taking 65% haircuts on some outstanding balances. Consider Bedros Alikcioglu, a gas station owner in Newport Beach, Calif. He owed $112,000 on four cards and...
Structured Products Back In The Line Of Fire
Jun 16, 2009, 10:11am
Posted by Greg Michaels
It seems small retail investors are still a glutton for punishment. A number of retail investors learned a harsh lesson last year when the convertible feature of their reverse convertible bonds kicked in and their high yielding bonds morphed into...
Are You Listening, Tim Geithner?
May 29, 2009, 9:00am
Posted by Bess Levin
You could probably find a lot of people who are against bailouts but this morning the most unintentionally hilarious one is Craig T. Nelson. Coach went on Glenn Beck last night to promote this message. He's pretty steaming mad...
The Virtues Of Insurance
Jan 26, 2009, 10:19am
Posted by Equity Private
Typically when Congress can't get the political backing to actually pass a bill to pay for something, they do the next best thing: get the political backing to guarantee something, or insure any losses. At the very least this reduces...
The Credit Perspective
Jan 16, 2009, 11:57am
Posted by Equity Private
The Across the Curve blog often has insightful and potent analysis, with a focus on credit markets that reveals some real expertise in the area. Today, however, its author, originally a weak supporter of government intervention, has made a rather...
Breaking: Made-off Not Out Of The Woods
Jan 12, 2009, 6:17pm
Posted by Equity Private
The U.S. Government Will Appeal The Madoff Bail Ruling. They really don't like this guy....
Don't Be Nice, Kick Her Twice
Nov 24, 2008, 10:47am
Posted by Equity Private
What shareholders would be the the mood for any deals in this environment? Really, it is damn ugly out there. No surprise then that Bank of America shareholders are about as interested in acquiring Merrill Lynch as a kick in...
Corporate Communication
Nov 17, 2008, 4:18pm
Posted by Equity Private
Linda: "Ok, I can't see your nametag. There, Lloyd, is it? C'mon in. Take a seat anywhere. Ok. I think that's the last of you. Let's get started. Uh, ok... sir, uh... yes, you... Vi-car, is it? We couldn't get...
Feed Us. Or Else
Nov 14, 2008, 10:08am
Posted by Equity Private
Your mother told you not to bring those filthy things inside, but you snuck them in anyhow. Now, blind, helpless, cold, foul smelling and featherless, the screaming, greedy mouths of the GSEs seem to gape endlessly, never satisfied and eager...
Kuwait Is Not Taking This Sitting Down
Nov 13, 2008, 4:51pm
Posted by Equity Private
It was not too long ago when you could write a post-dated check to a broker in Kuwait and have it immediately credited to your account to begin trading shares in Gulf state firms. (No, we did not make that...
Silence On Gold Not So Golden
Nov 13, 2008, 2:31pm
Posted by Equity Private
The British have this particular way about "discretion," or what might in some circles be called discretion. That is to say, they keep their dirt quiet, at least as long as it takes The Sun to dig it up and...
DealBreaker Before Dawn: We Don't Need No Stinkin' Bailout
Oct 31, 2008, 6:24am
Posted by Equity Private
Barclehs, ever the strange emo child of finance, has decided to go it alone, and will tell the UK to take its bailout money and go pound salt. Taking bailout money is so conformist, yeah. They want nothing to do...
So Safe, You Can Sleep Soundly At Night
Oct 29, 2008, 12:25pm
Posted by Equity Private
How'd you like to be an investor in only the second (and third) money market fund to "break the buck." Yes, we decided we'd pass too. The Reserve Fund, "the nation's oldest money market fund" has gone mostly-quiet for the...
We're Bigger Than U.S. Steel
Oct 29, 2008, 9:09am
Posted by Equity Private
Who said the Russians don't know bailout? When Mikhail Fridman (close ally of Putin's administration) got himself on the wrong side of Deutsche Bank and friends to the tune of $2 billion, the Kremlin simply wrote him a check, which...
I See What You Did There
Oct 20, 2008, 12:13pm
Posted by Equity Private
Remember, not too long ago, how much noise Congresscritters were making about "rewarding irresponsible investment bankers"? Well, CNBC has come full circle today. After The Beard was prodded after bailing out state and local governments, since we are in the...
The Main Event
Oct 06, 2008, 12:33pm
Posted by Equity Private
Waxman, having waxed poetic and having sharpened his disemboweling cutlasses, calls a three minute recess, and then calls for His Fuldness. Stay tuned. Fuld after the jump....
Tracking The European Bailout
Oct 05, 2008, 6:58pm
Posted by Equity Private
After the jump is a quick-and-dirty thematic map colored with dollars of government bailout funds committed (for the countries for which I have any data). If someone can identify decent sources for this data we'll make this a regular theme...
California To Sell Body For Money
Oct 03, 2008, 11:08am
Posted by Equity Private
I always knew California was a street beggar waiting to happen. It was that smug "I'm too good for fiscal responsibility" coupled with that "I make so much money might now, I don't have to worry, and people can always...
(Prematurely) Grading The Bailout
Sep 23, 2008, 9:06am
Posted by Equity Private
In the wake of the worst single day performance on the Euro stage in recent memory for the Dollar, you might sit up and take notice. Of course, an injection of $700 billion is going to impact the dollar however...
