Entries from April 2009

Geithner and Ken Lewis Should Go?

April 28th, 2009 · No Comments

   

Geithner Was The Right Choice, Geithner Should Go – The NYT has the lengthy rundown of Treasury Secretary Tim Geithner’s cozy relationship with Wall Street. … so let’s get to the point: … That sums up Geithner’s promise and his problem. “Insider” status made him a great fixer. It also makes him the wrong [...]

[Read more →]

Tags: Mortgage Market

Metro Dream Homes; Rates improving slightly with flight to safety

April 28th, 2009 · No Comments

metro-dream-homes-rates-improving-slightly-with-flight-to-safety

Sometimes I think that computers are great, other times not. Over the weekend I went to Costco, where they always pass your card over the reader prior to ringing up your purchases. By the time I was through the line, and about ready to buy my Dad his obligatory lunch hot dog and soda, a [...]

[Read more →]

Tags: Commentary · Mortgage Market · Rob Chrisman

Great Charts about Markets: TBT and Rates, Fed Buy More?, Swaps Man, 2-10 Curve Steepens, Stock Chart, Oil Shock

April 27th, 2009 · No Comments

  

neat chart – TBT and Foreign Holders of U.S. Treasury Debt – Andrew Horowitz – … For now, rates will stay artificially low to keep all happy. There will be a time though that we see a change in the pricing, once the Fed stops purchasing non-stop. That day will be a glorious move [...]

[Read more →]

Tags: Mortgage Market

Getting out of TARP : Some R Out, Northern Trust, Trusting Your Government

April 27th, 2009 · No Comments

 

U.S. to let some big banks repay bailouts early – BY JIM PUZZANGHER – The Obama administration has indicated for the first time that it will let some big banks repay their bailout cash early, estimating that at least $25 billion will come back to the government in the next year. – NewsDay 

————

Northern Trust [...]

[Read more →]

Tags: Mortgage Market