Frontrunning: November 12
Jefferies to be bought by Ian Cumming's Leucadia in an all-stock deal for $3.59 billion or about $17/share (WSJ)FBI Scrutinized on Petraeus (WSJ)Identity of second woman emerges in Petraeus' downfall...
View ArticleFrontrunning: December 6
MSM discovers window dressing: Fund Managers Lift Results With Timely Trading Sprees (WSJ)White House Unyielding on Debt Limit (WSJ)Obama, Boehner talk; Geithner prepared to go off "cliff"...
View ArticleFrontrunning: December 19
Republicans put squeeze on Obama in "fiscal cliff" talks (Reuters)Inquiry harshly criticizes State Department over Benghazi attack (Reuters)Banks See Biggest Returns Since ’03 as Employees Suffer...
View ArticleFrontrunning: January 7
Secret and Lies of the Bailout (Rolling Stone)Banks Win 4-Year Delay as Basel Liquidity Rule Loosened (BBG)Hedge Funds Squeezed With Shorts Beating S&P 500 (BBG)Bankruptcy regime for nations urged...
View ArticleFrontrunning: January 8
London Quantitative Hedge Funds Report Second Year of Losses (BBG)Berlusconi Forms Alliance in Comeback Bid (WSJ)Japan to Buy ESM Bonds Using FX Reserves to Help Weaken Yen (BBG)Japan Mulling BOJ...
View ArticleFrontrunning: January 22
Geithner allegations beg Fed reform (Reuters)BOJ Adopts Abe’s 2% Target in Commitment to End Deflation (BBG)Bundesbank Head Cautions Japan (WSJ)In speech, Obama pushes activist government and takes on...
View ArticleFrontrunning: February 4
Euro Tremors Risk Market Respite on Spain-Italy, Banks (Bloomberg)Obama Says U.S. Needs Revenue Along With Spending Cuts (Bloomberg) China Regulators Moved to Restrain Lending (WSJ)Low Rates Force...
View ArticleFrontrunning: February 6
Tunisian opposition politician shot dead, protests erupt (Reuters)China says extremely concerned after latest North Korea threats (Reuters)Postal Service to cut Saturday mail to trim costs (AP)Debt...
View ArticleFrontrunning: February 7
Bersani's lead over Berlusconi continues to erode, now just 3.6 Pts, or inside error margin, in Tecne PollSpain gears up for U.S. debt investor meetings (Reuters)PBOC Set for Record Weekly Liquidity...
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Six More Equity Offerings Price After The Close As The Greater Fools Start...
It appears that not only we are tracking the phaseout in equity inflows, all of which are simply the reversal of the massive $220 billion surge in bank deposits in the month of December due to fears of...
View ArticleFrontrunning: February 22
Spain’s Deficit Widened to 10.2% on Bank-Rescue Cost (BBG) - or as Rajoy would say, when one excludes all negatives, it was a surplusMonti Austerity Pushes Italians Toward Parliament Upheaval...
View ArticleFrontrunning: March 8
Firms Send Record Cash Back to Investors (WSJ) And in totally opposite news, from the same source: Firms Race to Raise Cash (WSJ)China warns over fresh currency tensions (FT)Hollande faces pressure...
View ArticleFrontrunning: March 12
Cardinals head to conclave to elect pope for troubled Church (Reuters)Hyperinflation 'Unthinkable' Even With Bold Easing: Abe (Nikkei)Ryan Plan Revives '12 Election Issues (WSJ)Republicans to unveil...
View ArticleFrontrunning: March 13
More black smoke over Vatican: No decision on pope in second day (NBC)PBOC Chief Says China Should Be on ‘High Alert’ on Inflation (BBG) - just as predicted last fall Italian Billionaire Says Bankers...
View ArticleToys"R"Us Withdraws IPO After Dismal Earnings
It seems equity markets at all-time highs, high-yield funding markets near all-time low yields, and supposed money on the sidelines flooding back into stocks are just not enough to provide cover for...
View ArticleFrontrunning: April 1
Goldman's Mario Draghi convinced Italy president Napolitano not to resign (Reuters)David Stockman Warns of Crash Of Fed-Fueled Bubble Economy (BBG)Cyprian archbishop calls on Central Bank's head,...
View ArticleThanks Ben Bernanke: Using A Shotgun As Down Payment For A Car
Thanks to the Fed's ZIRP, the investing world is on a constant reach for yield; and due to the fact that the last bubble of investor largesse (ignoring leverage and reality) was not 'punished' but in...
View ArticleFrontrunning: April 11
Obama to report to his bosses today: Obama Meets With Blankfein, Dimon and Moynihan Today (BBG)2007 is here all over again: Seeking Relief, Banks Shift Risk to Murkier Corners (NYT)Kuroda Calls BOJ...
View ArticleFrontrunning: April 12
Korean Nuclear Worries Raised (WSJ)Och-Ziff, With Strategy from a 30-Year-Old Debt Specialist, Racks Up Big Score (WSJ)Japan's big "Abenomics" gamble: how to tell if it's paying off (Reuters)Kuroda...
View ArticleFrontrunning: April 15
Venezuela Says Chávez Successor Wins Vote (WSJ)China growth risks in focus as first quarter data falls short (Reuters)Japan Gets Calls From U.S. to Europe Not to Drive Down Yen (BBG)EU Set to Clash on...
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