Category Finance

Buffett And Einhorn Downgrade Moody’s

Interest rate spikes, currency devaluations, too-big-to-fails, the SEC and investment theses.  These are just a few topics addressed by David Einhorn, co-founder of investment firm Greenlight Capital. Remember Mr. Einhorn?  He is the manager who uncovered alleged fraud at companies…

A Houdini Rally

A hat tip to the Immobilienblasen blog for the cartoon and observations: “So this remains the Houdini rally — no jobs; no pricing power; no broad participation; and no volume.”

De-Leveraged Buyouts

‘The Fall of Icarus’ by artist Marc Chagall Two reports about strategic M&A and private equity were released recently.   Paul Weiss, a well-known corporate law firm, prepared a concise survey of the top 25 non-financial M&A transactions, highlighted at Research…

Hedge Your Hedge

sneigwh.blogspot.com Say it ain’t so.  How many more obscure, undercapitalized financial institutions are lurking in the midst?  According to a New York Times investigative article, and summarized here, Customer Asset Protection Company (Capco), based in Burlington, Vermont, may be at…