Secret Panel Holds Fate of Greek CDS

A secretive panel of representatives from 15 large banks, hedge funds and investment houses holds the key to potential multibillion-dollar payouts to investors as a Greek default looms.

What Do You Believe About Money?

The first step of every financial plan must address what we believe about money, because what we believe about money will impact what we do for and with money.    Don’t believe me?  Complete the following two sentences with the first thing that comes to mind:

How Green Was My Policy

As the headlines over extreme weather conditions and the cost of natural disasters swell, some insurance companies are rising to the challenge.

Invest in ‘The Lucky Country’ via ETFs

Since the Great Recession started to take shape in 2008, one mega-theme has dominated financial markets around the world: the avoidance of risk at any cost.

Everything Old is New Again

I recently received an email from an advisor who took issue with much of the premise behind my November 2011 Investment Advisor column: “Not Your Father’s Commodity Investments.”

ECB Lends Banks €529.5 Billion

The European Central Bank said it dished out €529.5 billion in cheap, three-year loans to 800 lenders, the central bank’s latest effort to arrest a financial crisis now entering its third year.

Sean Corrigan Crucifies MMT

While hardly needing a full-on onslaught by an Austrian thinker, when even some fairly simplistic reductio ad abusrdum thought experiments should suffice (boosting global GDP by a few million percent simply by building a death star comes to mind), Diapason’s Sean Corrigan has decided to take MMT, also known as “Modern Monetary Theory”, to the woodshe…

Blowout Car Sales Will Shift to Lower Gear

Auto-industry watchers expect February to be the second consecutive month the annualized rate of U.S. light-vehicle sales topped 14 million, but some tailwinds may soon fade.

Ron Paul Defeats Obama In Head To Head Polling

Here’s a chart you won’t see anywhere in the mainstream media – not the right, and certainly not the left. According to Rasmussen’s 2012 Presidential Election Matchups, which pit Obama against any of the four GOP presidential candidates, while the balance of challengers certainly appear to have no chance of defeating the incumbent (something we touch…

Guest Post: And The Douchebag Of The Year Award Goes To……

Submitted by Mark McHugh from Across the Street
And The Douchebag Of The Year Award Goes To……
Unless February 29th is the new April Fool’s Day, I’m pretty sure  Alan Dlugash locked up DOTY with this remark:
People who don’t have money don’t understand the stress.   Could you imagine what it’s like to say I got three kid…

State Street Launches Two International ETFs

State Street Global Advisors has launched two equity exchange-traded funds designed to track MSCI Global Equity Indices, with one focusing on emerging markets and the other widely covering both developed and developing countries.

Complete Paulson 2011 Letter

There are those who voraciously, and blindly, read any and all hedge fund reports, allowing the already useless information to enter one brain hemisphere and exit the other, just so they can brag that they read such and such’s monthly or year end letter. Frankly, we pity them, especially when in their attempt to ape success they confuse luck (which i…