September 7, 2008
Expect a few more of these before it's over, but the WSJ has out a decent timeline of how the Freddie/Fannie bailout came together. There are some useful details, so check it out. My main question: Considering the number of...
Why didn't the Freddie/Fannie bailout deal wipe out the common shares? That's one question most people have, myself included, as we look at the structure of the deal. Leaving common shareholders with 20% of the equity of the firms seems...
I'll try to do these more often, but here is a quick list of some financial (and other) research papers that I've come across this week: Who gambles in the stock market? Socioeconomic factors that favor buying lottery tickets --...
Here is a sneak peek at some (non-Fannie/Freddie) links from my weekly column over at TheStreet. More allegations about nefarious activity in oil markets (Risk) Black Swans and Market Timing: How Not To Generate Alpha (Journal of Investing) Michael Lewis...
Details on the just-announced Fannie/Freddie bailout plans were initially scant, but the OFHEO and Treasury websites now have most of what you're looking for. Here is the gist: The two mortgage giants will open Monday under Treasury control New CEOs...
