Category: C.M.O.

C.M.O. 4.21.2010

Credit Market Overview April 21, 2010 In announcing its second best quarterly earnings since its IPO in 1997 it appears that Goldman Sachs (GS) will have the resources to fight the lawsuit filed by the SEC last Friday which is…

C.M.O. 4.20.2010

Credit Market Overview April 20, 2010 Removing for a moment the announcement of the SEC’s lawsuit against Goldman Sachs (GS) on Friday, recent evidence has been pointing towards a continued thawing of the credit markets.  A 193% rise in international…

C.M.O. 4.19.2010

Credit Market Overview April 19, 2010 The Great Recession has taught us all many lessons regarding unintended consequences but I doubt anyone would have thought that when the acronym for the troubled economies of Portugal, Italy, Ireland Greece and Spain,…

C.M.O. 4.16.2010

Credit Market Overview April 16, 2010 With earnings season underway it would appear that at least some of the very high expectations the pundits were saying existed before the numbers were released are being met.  JP Morgan Chase’s (JPM) 55%…

C.M.O. 4.15.2010

Credit Market Overview April 15, 2010 Within the National Bureau of Economic Research there is a committee which dates the beginnings and endings of recessions.  Their most recent statement was inconclusive as to whether the Great Recession actually ended as…

C.M.O. 4.14.2010

Credit Market Overview April 14, 2010 Andy Warhol believed that “In the future everyone will be world-famous for 15 minutes”.  In our every increasing need to speed through “this thing called life” we could not even leave that short quip…

C.M.O. 4.13.2010

Credit Market Overview April 13, 2010 History has shown that conflict in Washington is actually a good thing.  Those times when power is distributed fairly closely between both parties tend to produce the most balanced legislation.  While we are suffering…

C.M.O. 4.12.2010

Credit Market Overview April 12, 2010 “It was a quiet passing.”  These worlds, usually uttered in hushed tones, provide some solace to those remaining behind, among the living, that the last moments of the one who has gone ahead were…

C.M.O. 4.9.2010

Credit Market Overview April 9, 2010 Growing up we all were encouraged, chided, supported and scolded.  Every great once in a while we would be warned against something we would promptly see our parent do.  This we all quickly learned…

C.M.O. 4.8.2010

Credit Market Overview April 8, 2010 Over the past three years the financial markets have been more like a battleground than a playing field with the natural forces of fear and greed having to contend with the exogenous forces of…