December 31, 2008

Quote of the Day: What Subprime?

“’Six hundred twenty is not a subprime score,’ GM’s sales and marketing chief Mark LaNeve told Automotive News.  ‘That’s a very creditworthy buyer.  Hopefully, we’ll have access to more of the market that is out there.’”         - Automotive...

Banned Words/Phrases from 2008

Lake Superior State University has out its annual list of banned words and phrases that should not be allowed into 2009: Green Carbon footprint/offsetting Maverick First Dude Bailout Wall Street/Main Street <3 Icon or Iconic Game changer Staycation Desperate search...

Ten-Year Equity Index Returns (in USD)

By request, here is the the chart from the previous post, but in USD. Again, it compares ten-year performance worldwide across all countries for which Bloomberg has data:...

Ten-Year Equity Index Returns

Fun chart of top/bottom ten-year equity index country returns around the world. Note that these are not currency-adjusted....

Morning Reading 12/31/2008

AIG: A Crack in The System (WashPost) China has lost its appetite for risky assets (Setser) WSJ list of most-read articles for 2008 includes none on credit crisis (WSJ) Photos of Avalanche Debris that Hit Jackson Hole restaurant  (SK)...