Monthly Archives: April 2008

Sub Prime Will Get Worse – Much Worse

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Trouble Ahead

We have been quite surprised by the recent bear rally. Quite surprised, we shall admit. Timing this thing is hard. But the trouble is still ahead of us. The bear will roar back with a vengeance, soon enough. Anyone who thinks Bear Stearns was the only one to go belly up in this round is […]

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New York FED Prime Dealers

Heatmap FYI: BNP Paribas Securities Corp. Banc of America Securities LLC Barclays Capital Inc. Bear, Stearns & Co., Inc.     —— first to go. Cantor Fitzgerald & Co. Citigroup Global Markets Inc. Countrywide Securities Corporation Credit Suisse Securities (USA) LLC Daiwa Securities America Inc. Deutsche Bank Securities Inc. Dresdner Kleinwort Wasserstein Securities LLC. Goldman, Sachs & […]

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John Fredriksen in the Wall Street Journal

Well done Freddy. http://online.wsj.com/article/SB120700920323078811.html

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