Article of the week (22/2009): Rising Interest Rates Finally Start to Matter

This week’s article is Rising Interest Rates Finally Start to Matter by Jack McHugh at The Big Picture. Following is a small excerpt: Good Evening: After months of seeing equities get most of the headlines, the Treasury market has elbowed its way back into the spotlight during the past week or so. Today this attention reached a fever pitch, as yet another steep drop in long dated government...
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‘Tards taking exams and quizes

Pictures explain...
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Article of the week (21/2009): Joseph Cassano: the man with the trillion-dollar price on his head

Tad bit late on this one but still valid: This week’s article is Joseph Cassano: the man with the trillion-dollar price on his head by Tim Rayment in The Sunday Times. Following is a small excerpt and link to the print friendly version of the article. I recommend reading the print friendly version since it’s easier to read instead of having to continuously load a new page: They were...
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Financial Shock

I just finished reading the last pages of Financial Shock by Mark Zandi. Zandi is the head of Moody’s Econony.com and a man well seasoned in all things finance. Financial Shock can be best described as the definite guide to why and how our financial system got to the point it collapsed into the current financial crisis. Zandi writes the book in a rather repetitive and at time discontinuous...
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Wall Street Meltdown

Saw this a while back but forgot to post it, so here are two videos that describe the “Wall Street Meltdown” as a catchy song: This video was inspired by the bizarre sequence of events on the Street in 2007. The use of Billy Joel’s “We Didn’t Start the Fire” came from a hilarious internet parody song “Here Comes Another Bubble” by the Richter Scales...
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