Results tagged “subprime” from Dealbreaker
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John Paulson Once Had Self-Doubts
Nov 03, 2009, 3:33pm
Posted by Bess Levin
You probably didn't know it but the Jabroni Pony isn't the only one with a new book on the financial crisis coming out today. Wall Street Journal reporter Greg Zuckerman's got one, too (though his does not include promotion that...
Goldman Not Above Subprime
May 11, 2009, 2:35pm
Posted by Equity Private
And not above paying for it. You can be fairly certain, if Goldman has decided to settle that it is only the first stage of the big subprime wind-up. Securitization is that much closer to being illegal. Hurray. The Goldman...
Freddie Mac Rejects New York Subprime
Aug 12, 2008, 4:21pm
Posted by John Carney
Freddie Mac dealt a blow to New York governor David Patterson's plans to ease mortgage stress in the state. Last week Patterson went to Queens, one of the areas in New York hardest hit by foreclosures, and signed legislation creating...
Confessions Of A Subprime Lender: Show Us On The Doll Where Mr. Mozilo Touched You
Jul 23, 2008, 1:00pm
Posted by Bess Levin
Paulson Coming Full Circle
Jul 23, 2008, 9:45am
Posted by Bess Levin
To fuck you again! Just kidding. We have no idea if that's the master plan, but would it be so crazy to assume that John "Forclosure is Your Friend" Paulson is starting a fund to provide capital to financial firms...
Will Paulson's Proposal Revitalize Subprime Lending?
Jul 09, 2008, 10:15am
Posted by John Carney
It's often said that regulators are always solving the last problem while the next one creeps up on the markets unaware. That notion was certainly tempting yesterday as everyone who's anyone in market regulation gathered at that conference near Washington,...
Your Big Money Idea Of The Day
May 09, 2008, 12:00pm
Posted by Bess Levin
There's mucho dinero to be made in this mortgage meltdown situation, but instead of jumping in your time machine, traveling back to last summer and shorting subprime, why not get creative about it? According to the Journal, anyone interested in...
Collateral Schmerateral
May 02, 2008, 3:45pm
Posted by Equity Private
You could be forgiven for missing the news that the Fed is now accepting as collateral securities backed by credit card debt and auto loans. It doesn't look like a very good sign. It also makes me wonder: What if...
Just Relax. Don't Worry. Be Happy.
May 01, 2008, 12:51pm
Posted by Equity Private
You will be relieved to know that this whole subprime thing is WAY overblown. I have it on good authority. I know what you are thinking. Really, good authority. Oh yeah? How about the Bank of England? Yeah, that Bank...
Subprime Has An Upside (If You Want To Have Wasserstein For A Neighbor. Don't Mess With The Hedges Though).
Apr 30, 2008, 1:59pm
Posted by Equity Private
Home prices in the Hamptons, where rich and famous New Yorkers spend summers by the sea, fell in the first quarter as Wall Street job cuts and an economic slowdown took a toll on buyers. The median price declined 7.1...
The Swiss And Disaster
Apr 24, 2008, 8:45am
Posted by Equity Private
When the Swiss are worried, you really need to watch it. No lesser financial news giant than Forbes reports (via Thomson Financial News) that former Credit Suisse CEO Oswald Gruebel (a likelier name for the antagonist in a spy novel...
You, And US
Apr 21, 2008, 8:51am
Posted by Equity Private
When rated in terms of importance, the report from UBS on $37 billion in write downs probably bears no small resemblance in Zurich to the Warren Commission report in Washington, D.C. The Warren Commission was, of course, put together by...
Moron Poker Challenge
Apr 18, 2008, 10:30am
Posted by Equity Private
Over on D-Squared Digest, Daniel Davies challenges all comers to a round of "moron poker," wherein the participants "on-up" each other with links to the bottom stories of the day- the more daft, the better. We think it should be...
News Travels Slow In Washington
Apr 17, 2008, 1:15pm
Posted by Equity Private
Hey, so I was doing this story, you know, for my job with the Post? Yeah, yeah, I know. Anyhow, check it. Believe it or not, this guy John Paulson, he is this guy who made a lot of money...
Greenspan: No Regrets
Apr 08, 2008, 6:25pm
Posted by Bess Levin
As part of his Defending the ‘Span Tour ’08, Alan Greenspan appeared live via satellite today on CNBC, in a rare “not nude in the tub” post-retirement interview. We had the thing on mute, but this is how we imagine...
Another Alphabet Soup Ready To Run Off The Rails
Feb 27, 2008, 10:02am
Posted by John Carney
If it's a day that ends in the letter y, it's probably time to learn about problems in another dark corner of the credit markets. On the lesson plan for today are financial creatures known as variable interest rate entities....
Worst Quarter In Years For Goldman?
Posted in Goldman Sachs, Feb 25, 2008, 8:51am
Posted by John Carney
The Wall Street Journal's influential Heard on The Street column calls Goldman Sachs "pricey compared with other Wall Street securities firms" and predicts After that Goldman's long run of climbing earnings may be coming to and end. The M&A slow...
Today We Rule Germany, Tomorrow We Rue The World
Feb 21, 2008, 9:06am
Posted by John Carney
The English speaking world has paid a lot of attention to the failures of Northern Rock, Countrywide and all the Wall Street institutions that have had to seek capital infusions to stay afloat in recent months. But the situation in...
Stick Figures Explain CDOs and Subprime
Feb 15, 2008, 4:44pm
Posted by John Carney
(click image for full power point presentation; via The Big Picture)...