Tag Archives: investment banks

Merrill Lynch Pigs About Mortgages

Merrill Lynch, as a revered investment bank, don’t know what the f*ck they are doing with mortgages, yet they go around advising clients and selling mortgage based securities. What chance do retail investors have when their trusted adviser is flying … Continue reading

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Filed under Banking, Business, Stocks

An Excellent Time To Pick Up The Broken Pieces

For some time now, weekends spell a period of trepidation for investors as the Pandora’s box is opened. Bizarre announcements of historical takeovers, bankruptcies and government interventions left investors grabbing for straws in a cesspool when trading resumed on Mondays. … Continue reading

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Investors Uncertain As Bailout Plan Stalled In Midtrack

Since Monday, the “Paulson Plan” has been thrust into intense debates at Senate hearings as Democrats and Republicans unite in their dislike of this mind-numbing $700 billion bailout of the nation’s financial system. I find such actions amusing, if not … Continue reading

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Filed under Banking, Economy, Stocks

Will Wall Street Learn From Lehman Brothers Bankruptcy?

After the US government put out a forest fire with the takeover of Freddie Mac and Fannie Mae last week, Wall Street’s troubles were far from over. As they say, when you see a rat in the house, you can … Continue reading

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Pre Market - September 18th 2007
Read more on Lehman Brothers at Wikinvest

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Filed under Banking, Business, Economy, Inflation, Oil, Properties, Stock Indices, Stocks, bonds

Merrill Lynch Not Out of the Woods Yet

Merrill Lynch has taken drastic steps to rescue its ailing balance sheet (over $40-billion of write-downs) – most notably, a fire sale of $30 billion of risky debts to Lonestar. Continue reading

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