Clik here to view.
We Officially Declare The End Of RadioShack LBO Rumors
For anyone who has traded RadioShack's bonds or stocks over the last decade or so, the constant threat of an LBO has been the bane of any fundamental analysis as one Credit Suisse memorably described...
View ArticleClik here to view.
First Germany, Now ECB Rejects "Latest Greek Bailout Plan"
So much for the Greek "conciliatory proposal" story in which Greece was said to "drop" its debt writedown request, driven by yesterday's FT article, and the catalyst for Monday's late day market surge....
View ArticleFrontrunning: February 4
Arab World Unites to Condemn ‘Barbaric’ Death of Jordanian Pilot (BBG)Jordan hangs two Iraqi militants in response to pilot's death (Reuters)As Oil Prices Climb, Some Harbor Doubts (WSJ)Taiwan plane...
View ArticleClik here to view.
The End Of Guitar Center (And An Irrational Addiction To Growth & The Scourge...
Authored by Eric Garland,This is an obituary for Guitar Center, a chain of big box musical instrument stores that was captured and infected by private equity during a national trend of greed and...
View ArticleFrontrunning: February 9
Greek Risk Draws Global Concern on Lehman Echo Warnings (BBG)Merkel to urge caution in U.S. as pressure builds to arm Ukraine forces (Reuters)West Races to Defuse Ukraine Crisis (WSJ)German-French Push...
View ArticleFrontrunning: February 10
Greek defense minister says Greece has Plan B if EU rigid on deal (Reuters)Germany rejects Greek claim for World War Two reparations (Reuters)Greece to Seek $11.3 Billion in Financing to Avoid Funding...
View ArticleFrontrunning: February 11
Methodology change sees Indian economy grow faster than China's (Reuters)Can Greek Businesses Even Survive? (WSJ)Putin to travel to Minsk talks raising hopes of a deal over Ukraine (Euronews)Ukraine...
View ArticleClik here to view.
Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80
Submitted by Michael Snyder via The Economic Collapse blog,This is just the beginning of the oil crisis. Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a...
View ArticleClik here to view.
"The Smart Money Is Selling, Not Buying" Goldman Warns With Valuations In The...
First it was Citi, then Deutsche Bank, now Goldman joins the chorus of all those warning that the market is now furiously overbought. What's worse, at this point the only buyers are the occasional mom...
View ArticleFrontrunning: February 23
Tsipras Tamed as Economists Declare Greece Loses Austerity Fight (BBG)Greece readies reform plans to first sign of leftist unrest (Reuters)Yellen Faces Congress Amid Direst Threat to Fed Since...
View ArticleFrontrunning: February 26
Goldman Employees Reaped $2 Billion From 2008 Options Last Year (BBG)On Bush turf, Obama blames immigration woes on Republicans (Reuters)Tougher Internet rules to hit cable, telecoms companies...
View ArticleFrontrunning: February 27
Central Banks With Negative Rates Spur Question of How Low to Go (BBG)DHS to keep running: Congress edges toward domestic security funding patch (Reuters)Setbacks for Tsipras Stir Discord in Greek...
View ArticleClik here to view.
Breaking Bad (Debt) - Episode 2
Submitted by Jim Quinn via The Burning Platform blog,‘If you’re committed enough, you can make any story work. I once told a woman I was Kevin Costner, and it worked because I believed it’ – Saul...
View ArticleFrontrunning: March 4
RBS to cut up to 14,000 jobs in investment banking unit (FT)Doctors, patients scramble ahead of high court Obamacare decision (Reuters)Rajan Cuts India Rates After Modi Agrees to Inflation Target...
View ArticleClik here to view.
Meet Landlord Loans: You Too Can Be A Real Estate Speculator
Just when we thought the news flow around shoddy loan securitizations couldn’t get any better (or worse, depending on how you look at it), we get this headline from the NY Times: “Equity Firms Are...
View ArticleClik here to view.
Ukraine, Neocons And Neonazis
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,See, by now you would think that anyone who reads that all 31 US banks that were tested have passed the Fed stress test, knows this says...
View ArticleClik here to view.
Blackstone Buys America's Most Iconic Skyscraper With Rent Collected As...
As we’ve noted previously, the post-crisis, Fed-subsidized rush to acquire distressed real estate resulted in none other than Blackstone becoming the US’s largest landlord. The giant PE firm — which...
View ArticleFrontrunning: March 9
ECB Starts Buying German, Italian Government Bonds Under QE Plan (BBG)Creditors Reject Greece's Reform Proposals (BBG)Is Apple Watch the Timex digital watch of the Internet era? (Reuters)Tesla shedding...
View ArticleClik here to view.
Why Greek Shipping Billionaires Are Sweating
When one thinks of Greece, images of social and economic devolution, depression-era GDP, tear-gas heavy protests, an insolvent, flip-flopping government that has no choice but to be a pawn of the...
View ArticleFrontrunning: March 10
Dollar at 12-year peak versus euro, emerging markets spooked (Reuters)CIA sought to hack Apple iPhones from earliest days (Reuters)Draghi Urged Greece to Allow Troika Back Before It’s Late (BBG)Brent...
View Article