Analyst Foresees “New World Order” in Oil Supplies Written By: Jeanne Roberts 2008-05-26 19:32:53 Last week, a rumor that the highly regarded, Paris-based International Energy Agency (IEA) was planning to lower its long-term forecast for worldwide oil supplies spiked oil prices over $135 per barrel, an historic high.
Are Hedge Funds Contributing to World Hunger? Written By: Jeanne Roberts 2008-04-15 11:50:04
In March 2008, The New York Times reported an inexplicable and disturbing variation between actual prices and commodity pricing in some commonly traded crops like corn, soybeans and wheat.
I think this is the result of the implied government guarantee that most investors believe is far stronger in Europe.
However, now that the global financial system is so strongly intertwined I don't think the world financial system could handle a default resulting in the liquidation of any bank on the list.
So does that mean all these banks' default insurance should be trading at government rates?
Bear Stearns' Easter Basket Written By: Deborah Evans 2008-03-25 12:01:00 It seems that the parties involved in JPMorgan’s (JPM - $46.44) takeover of Bear Stearns (BSC - $10.87) like to work on the deal on holidays, Sundays, and when the Moon is Void-of-Course.*
Following are the bear facts about the “amended” deal between JPM and BSC. If The Wall Street Journal timeline is
accurate, Bear’s Board of Directors couldn’t possibly have fully read the deal
before agreeing to it, since CNBC announced it was approved just after the market
opened this morning.
Photo:Mellie, Creative Commons, Flickr