Comptroller of the Currency John Walsh warns against a “vast ov
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Comptroller of the Currency John Walsh warns against a “vast overreaction” in regulation of derivatives markets, in contrast to CTFC's Gary Gensler and other regulators who have called for a more aggressive approach. Common criticisms of derivatives that emerged after 2008 are "far broader than the specific instruments or circumstances implicated,” Walsh says.
Posted by expathos (#1) 119 days ago (http://seekingalpha.com)Jamie Dimon's efforts to develop JPMorgan Chase (JPM) into a global colossus are clearly intended to position the bank as "too big to fail, too interconnected to fail, and - above all - too global to fail," Simon Johnson says. Dimon is constructing a “poison pill” against takeover by the government, Johnson says, a strategy "so simple, so brilliant, and so dangerous that it should take your breath away."
Posted by expathos (#1) 694 days ago (http://seekingalpha.com)
Jamie Dimon's efforts to develop JPMorgan Chase (JPM) into a global c
The stock market has priced in the worst news, resulting in attractive valuations that should see a rally of at least 16% by year's end, Abby Joseph Cohen says. Indeed, with companies optimistic about Q2 numbers, some say stocks have room to rise. RBS' Andrew Roberts, expecting a "collapse far beyond what even some equity bears anticipate," would beg to differ.
Posted by expathos (#1) 694 days ago (http://seekingalpha.com)
The stock market has priced in the worst news, resulting in attractiv
Small consumer electronics retailers are benefitting from the pain of their larger counterparts, Conn's (CONN) VC Bill Nylin tells investors at a retail conference. When the big boys cancel orders, vendors turn to CONN and its ilk offering hefty discounts, he says.
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)
Small consumer electronics retailers are benefitting from the pain of their larger counterparts, Conn's (CONN) VC Bill Nylin tells investors at a ret
Chemical cos on the brink: Georgia Gulf (GGC) and Chemtura (CEM) are crashing on a mountain of takeover debt, and may follow Lyondell into bankruptcy, CreditSights says. "The most leveraged names are the first ones that are going to run into problems."
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)
Chemical cos on the brink: Georgia Gulf (GGC) and Chemtura (CEM) are crashing on a mountain of takeover debt, and may follow Lyondell into bankruptcy
Comcast (CMCSA) and Discovery Communications (DISCA) have quietly reached a new long-term carriage deal, TVWeek says, filling in the details of an agreement that - in contrast to the high-profile Viacom (VIA) / Time Warner Cable (TWC) battle - didn't even generate a press release.
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)
Comcast (CMCSA) and Discovery Communications (DISCA) have quietly reached a new long-term carriage deal, TVWeek says, filling in the details of an ag
While Carlos Slim's $250M cash injection gives New York Times (NYT) some breathing room, it does nothing to solve its long-term issues, Fitch's Mike Simonton says. "It will be even more challenging for the company to generate positive free cash flow in 2009 with this new, heavy interest burden." The 14.1% notes may cost NYT $35M a year in interest.
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)
While Carlos Slim's $250M cash injection gives New York Times (NYT) some breathing room, it does nothing to solve its long-term issues, Fitch's Mike
While some make a compelling case for nationalizing banks, it just ain't so simple, James Surowiecki says. "This would be an incredibly complicated process, with massive ripple effects (psychological as well as practical)... and this is one time when simply saying 'we’ll figure out the details later' doesn’t suffice."
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)
While some make a compelling case for nationalizing banks, it just ain't so simple, James Surowiecki says. "This would be an incredibly complicated p
Meanwhile, video game industry sales grew 9% in December, and posted an amazing 19% gain on the full year, NPD says. "All told, the numbers provided further evidence that video games may be one of the very few economic segments that are, more or less, recession-proof."
Posted by expathos (#1) 1221 days ago (http://seekingalpha.com)
Meanwhile, video game industry sales grew 9% in December, and posted an amazing 19% gain on the full year, NPD says. "All told, the numbers provided
Scientists brush off the 2008/2009 cold front: "The major trend is unmistakably one of warming," Michel Jarraud, secretary general of the World Meteo
U.K. economy shrunk by 1.5% in Q4, compared with a drop of 0.6% in Q3, NIESR says. Since 1955, there have been only five quarters in which GDP has de
Yale University, whose endowment dropped $5.9B in six months, looks to distressed debt to fuel its recovery. "Everything, from bank loans to investment-grade bonds to less-than-investment grade bonds, is priced at really extraordinarily cheap levels," investment chief David Swensen says.
Posted by expathos (#1) 1234 days ago (http://seekingalpha.com)
Yale University, whose endowment dropped $5.9B in six months, looks to distressed debt to fuel its recovery. "Everything, from bank loans to investme
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