Archive for June, 2008

What really brought down Bear Stearns?  ( Is Vikram Pandit, CEO of Citigroup (C), a robot?   Yes, he is. (Market Movers, ibid) The “parallels are eerie” between the financial crises of the late 80’s in Scandinavia and in the U.S. currently.  (breakingviews/ Investors actually believed Wall Street would support the auction rate securities market.  […]