A Picture Is Worth 1000 Words: Scenes From The Recession
The Boston Globe’s The Big Picture put up 35 scenes from the recession. Tells the story well…..
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Stuyvesant Town And Peter Cooper Village Partners Turn Keys Over To Lenders
Reading Time: 2 minutesIt’s the poster child for the entire housing bubble. There’ll be some other spectacular blowups, but this will be at the top of the pecking order. – Daniel Alpert, Managing Partner, Westwood Capital The fact that they have given the…
Judge Rejects FTC’s Appeal To Hold Up Whole Foods/Wild Oats Merger
Reading Time: 1 minuteYesterday after the close the federal judge overseeing the FTC’s request for a preliminary injunction against the Whole Foods/Wild Oats merger rejected the FTC’s case. The FTC now has until noon on Monday to appeal the ruling. If they don’t,…
Top Gun FP Client Note: Blowout Earnings Overshadowed by SEC Suit Against Goldman
Reading Time: 11 minutesNOTE: 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 hand corner of the website. …
Dumbass Ideas From Economists
Reading Time: 6 minutesI just read two of the dumbest ideas ever about how to fix the economy by two academic economists, one from UCLA, the other from Harvard, in respected publications. In a much discussed article in The New York Times…
Caroline Baum: John Galt Plan Might Save US Financial System
Reading Time: 5 minutesMr. Thompson, President of the United States: The country is in a terrible state. People are starving and giving up, the economy is falling to pieces, nobody is producing any longer. We don’t know what to do about it. You…
Top Gun FP Client Note: The Point Of Maximum Complacency
Reading Time: 7 minutesNOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…