Tag Archive for loans

The Mensch & Schlemiel of the Week

Mensch: Noun, informal. A decent, upright, mature and responsible person. Schlemiel: Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. * Mensch of the Week: Robert Rubin Co-chair, Council on Foreign Relations & Former U.S. Treasury…

BRB, just regulating some regulations

Unfortunately, life just isn’t fair sometimes, and not getting exactly what you want can really ruin your day. I know I find myself throwing some pretty embarrassing temper tantrums when things don’t fall in my favor. Well, that’s the way…

Sounding the Alarms Too Early?

Three weeks ago I wrote about the improving credit markets, with particular focus on the commercial real estate sector. To summarize, many of the larger commercial banks (as reported in the Wall Street Journal) , such as J.P. Morgan Chase…

Junk Bonds: Too Good To Be True?

Private equity activity has steadily increased over the past year and by most projections, is poised to continue its trend upward in 2011.According to a report from Standard & Poor’s, more than $251 billion in junk bonds have been issued…

OPM: When Guarantees Get Personal

While the hip-hop group Naughty by Nature was popularizing the term O.P.P. in the early nineties, real estate investors were popularizing the term O.P.M., as in “other people’s money”.  Many investors and property companies got wiped out in the early…

The Prophet Speaks…Again

About a year ago we dedicated an entire week’s worth of posts to famed Analyst Meredith Whitney. As a quick refresher, she was responsible for “the call” on Citi, where she (almost prophetically) predicted that Citi was in serious trouble.…

Yield Curve Comeuppance

We’ve been writing about it for months, so I’ll not have any sympathy for those caught off guard by recent headlines regarding the US Yield Curve. As this chart from the New York Times shows, 2009 was the year of…