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Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Mortgage REITs Clobbered as Leverage Forces Sales. REITs Deepening Bond Losses as Leverage Forces Sales. Bloomberg reports REITs Deepening Bond Losses as Leverage Forces Sales. Dollar Collapse News on the Dollar's Death Spiral. Urban Digs. Zero Hedge.

Sales 73
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Milestones in Bond Insanity: Negative 10-Year Yield on Swiss Bonds, Mexico Sells 100-Year Bonds Denominated in Euros; Are 1000-Year Bonds Next?

MishTalk

Mexico’s interest in selling the bond at 100 years was partly to extend the maturity of its debt stock, but also to expand its presence in the euro bond market, said Alejandro Díaz de León, head of public credit at the Mexican Finance Ministry. “By Euros vs. Mexican Pesos Analyzing the Risk In April of 2001 one euro bought 7.7

Finance 28
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BearingPoint Interview Preparation – Mystery or History?

Management Consulted

On February 8th, 2001, KPMG Consulting, LLC, went public on the NASDAQ starting at $18 per share under the ticker “KCIN” Their IPO was 6 months delayed due to the quickly declining high-tech consulting services market. Digital Marketing, Sales & Customer Services. Strategy & Business Executive.

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Apocalypse Illinois: IOUs Projected to Hit $10.5 Billion, $163 Billion Total Accumulated Liabilities

MishTalk

Slowly but surely, Illinois government is beginning to drown in red ink, State Comptroller Leslie Munger said today, as the cost of the continuing Springfield budget war steadily worsens the already bad condition of state finances. Figure 1 shows that the state of Illinois has run deficits in every fiscal year since 2001.

Finance 28
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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Who Is Kristi Culpepper? You should be.

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Sales of Class 8 heavy trucks are on pace for one of the best years in history - around 260,000 units in North America. Explaining the Persistent Overoptimism In a cross-country study of private-sector forecasts from 1989 to 1998, Loungani (2001) finds that “the record of failure to predict recessions is virtually unblemished.”

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The Real Reasons Companies Are So Focused on the Short Term

Harvard Business

A recurring theme in those interviews was bemoaning major changes in R&D strategy that occurred as a consequence of new, often outside, leadership. CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). There are many reasons companies benefit from hiring an outsider, such as to effect change.

Company 28