Frontrunning: September 12
Syrian Rebels Hurt by Delay (WSJ), U.S. seeks quick proof Syria ready to abandon chemical weapons (Reuters)Lavrov Brings Acerbic Pragmatism to Syria Meet With Kerry (BBG)Five years after Lehman, risk...
View ArticleFrontrunning: September 16
Summers Quit Fed Quest After Democrats Spurned Obama Favorite (BBG)Geithner Still Not Interested in Fed Chair Slot (WSJ)Gross’s Trade Sours as Bonds Lose Faith in Fed Guidance (BBG)Bob Diamond calls...
View ArticleLargest LBO Ever Prepares For Largest Non-Financial Bankruptcy In 30 Years
If there was one deal that epitomized the last credit bubble, aside from the Blackstone IPO of course, it was the ginormous, $45 billion 2007 LBO of TXU, now Energy Future Holdings. And while the tide...
View ArticleFrontrunning: September 20
JPMorgan Guilty Admission a Win for SEC’s Policy Shift (BBG)Pricing Glitch Afflicts Rollout of Online Health Exchanges (WSJ)This will end well: Japan LDP Considers Draft Bill to Put Government in...
View ArticleFrontrunning: September 24
Iran Icebreaker Set at U.N. (WSJ)Chrysler Feud Triggers IPO Filing (WSJ)JPMorgan Chase, 12 More Banks Said to Be Sued Over Libor (BBG)Regulator sues Morgan Stanley, eight others over faulty...
View ArticleFrontrunning: September 27
House GOP banking on Plan C (Politico)Pimco shook hands with the Fed - and made a killing (Reuters)BlackBerry's Torsten Heins has a $55 Million golden parachute (Reuters)JPMorgan Urged to Pay More in...
View ArticleFrontrunning: October 1
Government Shuts Down as Congress Misses Deadline (WSJ); Shutdown starts, 1 million workers on unpaid leave (Reuters); Government Shutdown Begins as Deadlocked Congress Flails (BBG)This is not The...
View ArticleFrontrunning: October 10
The ice breaks; fiscal talks set (The Hill); Ryan steps up to shape a deal (The Hill), as predicted here yesterdayRepublicans consider short-term U.S. debt ceiling increase (Reuters)Shutdown Standoff...
View ArticleFrontrunning: October 11
Dot Com part deux: Investors are showing increasing hunger for initial public offerings of unprofitable technology companies (WSJ)Poll Finds GOP Blamed More for Shutdown (WSJ)House, Senate Republicans...
View ArticleFrontrunning: November 14
Yellen to defend Fed's ultra-easy monetary policy (Reuters)Japan growth slows on global weakness (WSJ)Eurozone third-quarter growth falters (FT)Fed Debates Its Low-Rate Peg (Hilsenrath)Yellen: Economy...
View ArticleEntry Event: Tim Geithner To Join Private Equity Giant Warburg Pincus
When Tim Geithner announced his departure from the US Treasury in January, the only question was how long would it take the former NY Fed head to get a job with the only industry that he cared about as...
View ArticleFrontrunning: November 21
When it fails, do more of it - Bank of Japan hints at extending ultra-loose monetary policy (FT)PBOC Says No Longer in China’s Interest to Increase Reserves (BBG)Fed casts about for endgame on...
View ArticleFrontrunning: November 29
So much for the euphoria: Stores open early on Thanksgiving but shoppers in no rush (Reuters)Get to work Mr. Chairwoman: Do-Nothing Congress Dithers on Budget as Deadline Nears (BBG)FX to Libor Probes...
View ArticleFrontrunning: December 17
Fed’s $4 Trillion Assets Draw Lawmaker Ire Amid Bubble Concern (BBG)Ex-Goldmanite Fab Tourre fined more than $1 million (WSJ)EU Banks Shrink Assets by $1.1 Trillion as Capital Ratios Rise (BBG)Japan to...
View ArticleFrontrunning: December 26
Late Surge in Web Buying Blindsides UPS, Retailers, Some Christmas Packages Aren't Delivered (WSJ)Yen Slides as Turkish Stocks Drop, U.S. Futures Rise (BBG)Turkish lira drops to record low against...
View ArticleFrontrunning: December 31
Firms to Face new Rules Over Pay, Taxes (WSJ)US to test commercial drones at six sites (CNN)China’s Local Debt Swells to 17.9 Trillion Yuan in Audit (BBG) - which is about 2 trillion less than where it...
View Article"Rich Will Keep Getting Richer In 2014" - In 2013, Top 300 Billionaires Added...
All the pundits who preach an economic recovery in the US always fall strangely silent when asked to share their thoughts on the following chart (taken from the St. Louis Fed), showing the annual...
View ArticleFrontrunning: January 16
Charter, Comcast in renewed talks on Time Warner Cable bid (Reuters)Bankers' Stock Awards Jet Higher (WSJ)Yahoo CEO Mayer Dismisses Operating Chief De Castro (BBG)Amazon Employees Vote to Reject Union...
View ArticleFrontrunning: January 21
Hilsenrath: Next Cut in Fed Bond Buys Looms - Reduction to $65 Billion Could Be Announced on Jan. 29 (WSJ)China Workforce Slide Robs Xi of Growth Engine (BBG)Obama pulls the race card: Obama Says Race...
View ArticleFrontrunning: January 29
Obama warns divided Congress that he will act alone (Reuters)Fed Decision Day Guide From Emerging Markets to FOMC Voter Shift (BBG)Fed poised for $10 billion taper as Bernanke bids adieu...
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