July 13, 2008
Lots of U.S. residents undoubtedly spent the weekend, post the IndyBank takeover by the FDIC, checking to see if their desposits are FDIC-insured. The upshot: You are, of course, so long as you are with an FDIC-insured bank, and so...
Before I forget and get into other things, here is the Treasury statement on Fannie/Freddie: Treasury Secretary Henry M. Paulson, Jr. issued the following statement: Fannie Mae and Freddie Mac play a central role in our housing finance system and...
FannieMae CEO Daniel Mudd is already out with a statement on the U.S. government bailout proposal. I'm particularly fond of the part where Mudd thanks Treasury for bailing him out, but then goes on to insist he doesn't need to...
According to the NYT, the Bush administration is going to announce shortly that it is taking to Congress a multi-billion dollar deal to shore up failing mortgage financing firms Freddie Mac and Fannie Mae. The key points are allegedly the...
So much for the rumored $15b Treasury infusion into Fannie Mae and Freddie Mac. That is one message you could take from a story on the WSJ front page right now, essentially saying that later today Treasury will instead...
Interesting EIA chart showing how commercial jet fuel consumption has responded to price changes over the last decade. Will the pre-9/11 peak every be reached again? Hard not to think that may have marked the top....
Here is a sneak peek at some links from my weekly weekend reading column over at TheStreet.com: Magazines report dwindling ad-page numbers (Advertising Age) Ratings in structured finance: what went wrong and what can be done to address shortcomings? (BIS)...
