Ben Bernanke has a lot of stuff on his mind. Between telling Congress to “stop spending more money than we have – just not right now” and playing the role of AIG’s cheerleader in front of the US house, we have always just assumed he finds time to run the printing press, even though that [...]
Entries from June 10th, 2010
Brought To You By Dr. Evil, Esq.
June 9th, 2010 · 1 Comment · goldman sachs
So you remember the Timberwolf CDO, that scatalogical $GS deal Carl Levin made such a stink about back in April? Hilariously, Goldman is now being sued because of it, by a hedge fund that alleges that it collapsed because of it. Good times! The lawyer, Eric Lewis, said Basis Yield Alpha Fund is suing Goldman [...]
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First You Get The Money, Then You Get The Japanese Bonds, Then You Get The Ladies
June 9th, 2010 · 1 Comment · markets
It’s a good thing it wasn’t ladies that the guy above was trying to impress, because the Japanese government is undertaking a massive propaganda campaign to let men know that entourages and Escalades aren’t going to get you the girls. Ladies like government bonds: Japanese women are seeking men who invest in government bonds, according [...]
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Quick: The BP Oil Spill Re-Enacted By Cats In 1 Minute
June 8th, 2010 · 14 Comments · caturday
Just a quick video. Headphones recommended for the audio if you’re at the office.
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A Little Bit Of Rah Rah For US Stocks, Via Bloomberg
June 8th, 2010 · 1 Comment · markets
Since the Dow is below 10,000 (again) and obviously needs a little cheering up, Bloomberg – in lieu of sending flowers – goes in search of what’s less appetizing to own than US stocks, and finds a few things: The U.S. has supplanted China and Brazil as the most attractive market for investors as confidence [...]
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