Credit Default Swaps - the next crisis

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This is not the end, and maybe in even the end of the beginning.... As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase...

Jim Rogers on the dollar

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Cramer gets it wrong again

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I have to find the youtube version of Cramer's "don't be stupid" call on Bear Stearns. Who is looking stupid now... Hopef...
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Who is next

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There will be blood..... NEW YORK - With a deal in place to save Bear Stearns from bankruptcy, the company's shares traded above the of...

Another big number gesture from the Fed

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It is just one big headline grabbing gesture after another. It is as if the External relations department was making monetary policy. WASHIN...

Krugman on the mortgage meltdown

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Nice interview of Krugman on the crisis (Fortune Magazine) -- If there is any word that captures the mood in the economy right now, it'...

The US is in recession

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It is not exactly news, but some think this slowdown could be the worst in a generation. BOCA RATON, Florida (Reuters) The United States is...

Farmers are doing just great

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There is no crisis in farming. From the the Kansas City Star .... Greg Moe strolled out of the Sprint Center, bought a large beer in a plast...

Walking away

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The great 2008 walkway is well underway. There is no shame in foreclosure anymore. Foreclosure used to be a last resort, something that hard...

the NY Times on Bear Stearns

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Although, Bear Stearns is no more, the NY times has some interesting observations on the now dead bank.... WHAT are the consequences of a wo...