Now (with weekly change)
U.S. Treasury Securities:
Fails to Receive: $161 billion down $219 billion
Fails to Deliver: $132 billion down $244 billion
Post-Lehman Repos Fails
U.S. Treasury Securities:
to receive: $2.697 trillion
to deliver: $2.607 trillion
OK, here I go with another educational concept that has no immediate and actionable investment advice. I heard a couple of uninformed comments about housing. One was that the market ... [Link]
An angry man opens his mouth and shuts his eyes.— Cato the ElderAnger is seldom without argument but seldom with a good one.— Lord HalifaxAnyone can become angry — that ... [Link]
The IMF said that it did not take proper account of asset price booms when assessing Ireland’s fiscal situation in a paper today. The paper said that the IMF’s calculation ... [Link]
Before I start tonight, a reminder, those that want to follow me on Twitter can do so here. I will be sharing posts and ideas that I find insightful, that ... [Link]
... Mais le New York Times m'a fait un cadeau sympa pour mon anniversaire.... [Link]
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January 16th, 2009 at 6:00 am
Wow, now Bank of America has become a subsidiary of the U. S. government! And it was in October when Ken Lewis told us that the bank didn’t TARP money. And according to the press, by December he was begging Paulson for more money.
January 16th, 2009 at 6:10 am
Looks like BofA has been taken for a ride with the Merrill deal, Lewis vastly overpaid