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The Bear's Lair - May 12
by Martin Hutchinson
Will productivity repeat its 1970s performance?
Credit Bubble Bulletin - May 9
by Doug Noland
A New Inflationary Epoch
Random Walk - Apr 29
by Rob Peebles
It’s my recession: I can scrimp if I want to
Guest Commentary - May 7
by Richard Benson
Tax Rebates Mean Blood in the Shark-Infested Water
Featured Commentary - Mar 27
by Edmund M. McCarthy
The other side of the Looking Glass
Articles of Interest
Ticking credit card time bomb - Peter Schiff (05/13/2008 01:53 PM)
 

Quotable

"One of the lessons that investors seem to have to learn over and over again, and will again in the future, is that not only can you not turn a toad into a prince by kissing it, but you cannot turn a toad into a prince by repackaging it. But very imaginative people in the securities market try to do that. If you have bad mortgages they do not come better by repackaging them. To some extent the chickens are coming home to roost for the mortgage originators and securitisers."

Warren Buffett, Financial Times, October 26, 2007

 

 

 

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Updated 05/13/2008 04:53 PM
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Libor Poised for Shake-Up as Credibility Is Doubted - Bloomberg (05/13/2008 05:07 AM)
Average gas prices set record at $3.72 a gallon - USA Today (05/13/2008 05:18 AM)
Farmers unable to cash in on soaring food prices - LA Times (05/13/2008 05:05 AM)
Corn Prices Rise, Pitting Chickens Against Ethanol - Washington Post (05/13/2008 05:43 AM)
 
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Wal-Mart Net Increases; Shares Fall on Forecast - Bloomberg (05/13/2008 06:46 AM)
Bank of America Sees Higher Losses on Home Equity - Bloomberg (05/13/2008 10:51 AM)
Economy Puts Tight Squeeze On RV Makers - WSJ ($) (05/13/2008 06:07 AM)
Goldman, Merrill Estimates Reduced at Oppenheimer - Bloomberg (05/13/2008 05:05 AM)
Hewlett-Packard Agrees to Acquire Electronic Data - Bloomberg (05/13/2008 07:53 AM)
 
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A Wish List for Fixing Wall Street - NY Times , Sorkin (05/13/2008 05:08 AM)
 

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