Yield Curve, Good Summary, Stimulus Update, Rolfe Winkler, Atonement, Jeremy Grantham, Bill vs Funds, Wachovia Call, IndyMac 3, 1st in 40, Candidates on Subprime, Jumbos in TBAs, John Mauldin, Buy Beer Now, Life Raft

The Yield Curve  -  … I believe the Fed’s rate cut was NOT a cut to prop up equity prices, but a response to the turmoil in the bond market. -  Crossing Wall Street

————
lots to look at - Words from the wise for the week that was (Jan 21 - Jan 27) -  Prieur du Plessis  -  Investment Postcards from Cape Town 

————

Stimulus Plan Update - has details - Dr. John Rutledge blog

————
“Where is the government?” -  …  an opinion piece on government intervention =  Rolfe Winkler -     OptionArmeggadon  
————
Atonement Comes to Wall Street as Exiled Risk Guardians Return - thanks V - Bloomberg

————
Jeremy Grantham: Credit Crisis Will Last Until 2010 -  by Jeremy Grantham -  seeking alpha 

————

  
10yr sp 2008  T-Bills vs. Fed Funds: A Recessionary Tale  -  Michael B. Krause  -  seeking alpha

————
Wachovia’s Call: Oustanding -  Todd Sullivan’s - ValuePlays

————
1.  Could IndyMAC go the way of Countrywide? - The Daily Deal 

2.  IndyMac’s Perry Sees Return to Profitability in 2008 (Update1) - Bloomberg 

3.  Indymac CEO Suggests 2008 Profitability After Fitch Cuts Thrift to Junk -  housingwire 

————
Home Prices Post First Annual Decline in At Least 40 Years -  housingwire 

————
Presidential Candidates’ Subprime Solutions -  Forbes
————
Traders: Don’t Put Jumbos in my TBAs - Calculated Risk

————
What Does the Fed Know? - John Mauldin’s Weekly E-Letter 

————
Buy Beer Now!  -  Rising beer prices could leave you tapped out  MSNBC 

————
Drowning in debt, he needs a life raft - Nathan Drake, who owes $54,000, spends nearly $2,000 more than he earns each month. An advisor urges drastic changes. - LA Times