Coming Soon: $100 Billion in Difficult Bank Refis
A quick note before the day starts: Both the WSJ and Bloomberg have been noticing the big slug of cheap bank debt due to be refinanced soon not so cheaply: U.S. and European banks, already burdened by losses and concerns about their financial health, face...
June 2008 Case Shiller Housing Index Falls 15.9%
A belated post on yesterday's Case Shiller release: Through June 2008 the S&P/Case-Shiller Home Price Indices showed "continued broad based declines in the prices of existing single family homes across the United States, a trend that prevailed throughout ...
Oak Creek postal meeting raises questions
At least 80 residents turned out last night in Oak Creek for a plan commission meeting on a proposed U.S. Postal Service facility.The Oak Creek Now newspaper reports that "confusion seemed to dominate" the meeting, "mainly from residents, ...
Charter has deal with Big Ten Network
Charter Communications, with extensive cable operations in Wisconsin, has reached a deal with the Big Ten Network to carry Big Ten sports programming."Charter is pleased that an agreement 'in principle'to offer the Big Ten Network to our customers ha...
Will There Be Blood?
Will bloodmobiles soon be a thing of the past, like vacuum-tube televisions and glass milk bottles delivered daily? More important: Will the use of embryonic stem cells, which became a heated issue during the 2004...
ILTA online discussion : What a difference two years makes
The ILTA (International Legal Technology Association) annual conference this week in Dallas is generating a lot of blog and Twitter discussion. What a difference a couple years makes.Here's an excerpt...
A Shortage of Entrepreneurs
In a world that encourages and necessitates specialization, a phrase like "Jack of all trades, master of none" can have a derogatory connotation.But a leading theory of the American Dream of entrepreneurship, conceived by
Chart of the Day: Expansion Squeaks Out Income Gains
The Census Bureau released data on poverty, income and health insurance for 2007 today, showing that the number of uninsured dropped thanks to expanding g...
On Impatience
One of the more important concepts in economics is the personal discount rate, which basically measures how willing someone is to put off gratification now for gratification later.For example, both my girlfriend and I are huge fans of french fr...
What About Bob?
Now that Citigroup has simplified its Byzantine ...
Strait Profit
As of March 31, the value of Temasek's investment in Merrill Lynch had fallen by 24 percent and its stake in
Legal Shark's Last Bite
Melvyn Weiss, once one of the most feared securities class-action lawyers in the country, must report to prison on Thursday. For years, until entering a guilty plea in June, Weiss proclaimed his innocence on cha...
Crunching the Banks
Don't bet on a rebound in the nation's banks anytime soon. The outlook looks increasingly bleak, as the Federal Deposit Insurance Corp. announced that the ...
Long Term Trends Being Tested
Today's guest commentary comes from Andy Lees, who sits on a macro derivatives sales desk at UBS in London. Andy delivers some of the most consistently interesting and provocative commentary to come out of the sell side. He emailed these comments to clien...
