links for 2007-12-21
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“Interesting presentation,” Bass says the firm’s chief risk officer said into his ear, his arm draped across Bass’s shoulders. “God, I hope you’re wrong.”
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One week in 2002, Daniel Sadek was $6,000 short of covering the payroll for his new subprime mortgage company, Quick Loan Funding Corp. So he flew to Las Vegas and put a $5,000 chip on the blackjack table.
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But in the longer term, there are signs that volatility is “entering a new regime”, as Deutsche Bank says.
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Now that the subprime shakeout is nearly over, another real estate mess looms, this time in commercial property.
More on this topic
(What's this?)
How to Profit From Volatility Through One Simple Investment
(Investment U, 1/19/10)
FHA Defaults: Many More on the Horizon
(Wealth Daily, 2/2/10)


Thu, Dec 20, 2007 | Jared
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