Government Archive
NYT: State Debt Woes Grow Too Big to Camouflage
California, New York and other states are showing many of the same signs of debt overload that recently took Greece to the brink — budgets that will not balance, accounting that masks debt, the use ...
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WSJ Documents Crisis And Leviathan, 2009
December 29, 2009 · Category: Business Culture and Current Events, Government, Macro Economics, Politics
The frontier between the state and market has shifted. The realm of the state has been enlarged.
- Daniel Yergin, author of 1998's The Commanding Heights which chronicled the ascent of free market forces starting in ...
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The Incredible Life And Character Of Dave Bing
I finished basketball in 1978, then went into my own business in 1980 and did it for 29 years... Now I get to the end of that career and probably should have retired. But there ...
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Tremendous David Einhorn Speech Monday At The Value Investing Congress
October 21, 2009 · Category: Business and Investment Philosophy, Federal Reserve, Gold, Government, Macro Economics
I really respect David Einhorn because he has evolved from a pure value investor into recognizing the importance of macro. Anybody who doesn't recognize that at this point is going to pretty useless going forward. ...
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Letter From Big Housing Industry Organizations To Extend 1st Time Home Buyer Tax Credit
I came across a letter today addressed to Geithner, Summers and Donovan (Secretary of Housing and Urban Development) from the National Association of Homebuilders, National Association of Realtors and the Mortgage Bankers Association asking for ...
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NY Times: FHA Headed For Same Fate As Fannie, Freddie
Let me simply state at the outset that based on current projections, absent any catastrophic home price decline, F.H.A. will not need to ask Congress and the American taxpayer for extraordinary assistance - we will ...
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NY Times: Securitization Market Completely Dependent On Govt Programs
The securitization markets are dead.
- Robert Shiller, Economist, Yale University
Click here for larger graphic
Fascinating and important article on the front page of today's New York Times Business section showing that the securitization markets are completely ...
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Top Gun FP Client Note: The Lesson Of Cash For Clunkers
October 6, 2009 · Category: Currencies, Foreign Exchange, Fundamental Analysis, Government, Macro Economics, Stocks, Top Gun Financial Planning
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right ...
Posted by Greg Feirman · 1 Comment »
Sac Bee: FHA Loans Soar In Sacramento Area
Source: "FHA Loans Soar In Sacramento Area", The Sacramento Bee, October 3
Does anybody doubt that the FHA and Ginnie Mae, which guarantees FHA mortgage backed securities, will need a government bailout just like Fannie and ...
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Another Bubble?
September 30, 2009 · Category: Government, Macro Economics, Market Commentary, The Investment Advice Business
The 2003 bounce came when stocks were not cheap – they traded at a multiple to cyclical earnings of about 21, according to Prof Shiller, when at the bottom of previous bear markets this multiple ...
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