By DLB on February 16, 2011
Alan Greenberg’s book, The Rise and Fall of Bear Stearns, may be the most totally avoidable book on the financial crisis that has yet come out, and is certainly the biggest exception to my rule regarding “only reviewing the credible books”. This book is not claiming to add anything to the ideological discussions that surround ...read this post
Posted in Book Reviews | Tagged Ace Greenberg, Bear Stearns, financial crisis 2008, leverage
By DLB on February 14, 2011
I am not kidding that through the first 120 pages or so of Barry Ritholtz’s Bailout Nation, I was feeling like I may have a new favorite book in this project I have embarked upon regarding the financial crisis of 2008. By the time the book was complete, I am fairly certain this was one ...read this post
Posted in Book Reviews | Tagged bailouts, Barry Ritholtz, financial crisis 2008, moral hazard, TARP
By DLB on December 28, 2010
Just when you thought you couldn’t stand another 450-page epic about the financial crisis of 2008, not only does another come along that manages to get 450 pages written about it, but it manages to get 450 pages all in just covering one company (well, technically, two): Merrill Lynch, along with its 2008 acquirer, Bank of ...read this post
Posted in Book Reviews | Tagged financial crisis 2008, John Thain, Ken Lewis, Merrill Lynch, Stan O'Neal
By DLB on October 17, 2010
It is tough to write this review, because I actually like Maria Bartiromo. It is hard to explain to people who do not watch a particular TV network 12 hours a day how you can end up feeling like you literally know the people on the network, but I assure you that it has happened ...read this post
Posted in Book Reviews | Tagged CNBC, financial crisis 2008, Maria Bartiromo
By DLB on June 27, 2010
Today’s blog speaks for itself.
“I do not want Fannie and Freddie to be just another bank … I do not want the same kind of focus on safety and soundness.”
- Rep. Barney Frank, Sept. 25, 2003
“I’ll lay down my marker right now, Mr. Chairman. I think Fannie and Freddie need some changes, but I don’t ...read this post
Posted in Economics, Politics | Tagged Barney Frank, Chris Dodd, Congress, everyone in the whole world should own a house, Fannie Mae, financial crisis 2008, Freddie Mac, GSE's, Maxine Waters is dumber than a leaf