Category: Finance

The wrong move for all the wrong reasons

9 October, 2009 (11:36) | Banking, Capital markets, Finance, Regulation, Subprime, TARP, US News | No comments

From the so-dumb-only-a-genius-would-propose-it department comes the following tale of Washington’s incestuous and recursive path to policy change, as uncritically reported in the New York Times:
 
WASHINGTON — Tired of the government bailing out banks? Get ready for this: officials may soon ask banks to bail out the government.
 
Is this a real plan?  Or just the dog [...]

Three key questions to give your ecosystem a physical: Part 3, follow the money

22 September, 2009 (10:02) | Ecosystems, Essential posts, Finance, Primer Posts, Theory, Titling | No comments

By: David Smith

 

[Continued from yesterday's Part 2 and the preceding Part 1.]
 
So far, in tracing the housing finance ecosystem by examining three value chain (connections by which transactions occur), we covered housing providers finding housing consumers (Part 1), and the baton pass of recognized ownership/ occupancy rights (Part 2).
 
Now for the third key question.
 

We [...]

Three key questions to give your ecosystem a physical: Part 2, follow the ownership

21 September, 2009 (10:34) | Ecosystems, Essential posts, Finance, Primer Posts, Theory, Titling | No comments

By: David A. Smith
 

[Continued from yesterday's Part 1.]
 
In yesterday’s exploration, we suggested that if you want to understand a housing finance ecosystem and lack the statistics or reference resources to compile a proper survey, you can do well by conducting a simpler ‘physical exam.’
 

Is that all I am to you, just a pretty johnny?
 
Any [...]

Three key questions to give your ecosystem a physical: Part 1, follow the critters

18 September, 2009 (09:16) | Ecosystems, Essential posts, Finance, Primer Posts, Theory, Titling | No comments

By: David A. Smith

If you get a new doctor, what’s the first thing he or she does – after establishing how you or your insurance will pay, of course? The physical exam.

We make them cold so that we know you’re dead if you don’t flinch

When we don’t know how a system [...]

Selling the glass financial menagerie

6 July, 2009 (14:01) | Capital markets, Finance, Speculation, TARP, Warrants | No comments

What’s the best way to realize value from a complicated financial position? And – related question – who’s the best holder of such assets?

Someone who’ll treat them delicately

Submitted for your consideration, as discussed in this Wall Street Journal article, is a gargantuan Federal government that, for one [...]