cool graphic - When Blood Is on the Street - Neil Weinberg, Bernard Condon and Emily Stewart  - JPMorgan’s Jamie Dimon joins a line of investors who have tried to turn panic into profits.  -  Forbes
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Another 75 - How much ammo is left in that fed funds gun? - Interesting reaction yesterday at the Chicago Board of Trade to the Fed’s decision to reduce its target for the fed funds rate by 75 basis points to a new objective of 2.25%. … To put these numbers in perspective, prior to January of this year, the Fed had not made a cut as large as 75 basis points in a single move in the available 25-year history of the series. And yet now we’ve reached a point where we’re surprised when the cut is “only” 75 basis points….  James Hamilton - Econbrowser 

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Great News! Housing Starts and Permits Plummet! - … Given that the enormous overhang in inventory is a huge part of the problem, this is, perversely good news.  … - The Big Picture

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Lehman: Looking Strong on the Repo Front - .   As Heidi explains, the proximate cause of Bear’s collapse was the fact that its repo lines were withdrawn, so the ratio of liquidity to repo lines is important: the higher the better. And this is where Lehman looks much stronger than Bear. Bear’s ratio here was 33%: it had three times as many repos as it had cash. Lehman’s ratio, by contrast, is 107%: it could lose all its repos and still have cash left over. Yet more reason to believe the worst of the crisis is over. … - Felix Salmon - portfolio.com 

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California AG Joins the Mortgage Sting; Shuts Down Four Lenders - <a href="http://www.housingwire.com/2008/03/1