August-October 2008 was a tough era to blog in as the crisis broke. It was the height of popularity for my blog, I haven’t had that level of readership since.
Rather than go chronologically, this era lends itself to being topical.
Nonidentical Twins: Solvency and Liquidity
How Much Can the US Government Guarantee?
Oppose The Treasury’s Bailout Plan
We Need Oversight, and Compensation to the Taxpayers
Don’t Rush It
Let the Current Bailout Die
What A Fine Mess You Have Gotten Us Into
Oppose the Current Bailout Plan, Redux
I tried to fight the bailout. I do not accept the idea that the bailout helped, regardless of losses of profits, because it skews future actions of those who think they will be bailed out.
The Aftermath of the Crisis
Blame Game, Redux
Blame Game III
There are many to blame from the crisis, including me. I don’t go in for simple crisis explanations; the crisis was societal, global even.
The Fundamentals of Market Bottoms
The Fundamentals of Market Bottoms, Part 2
The Fundamentals of Market Bottoms, Part 3 (Final)
The Fundamentals of Residential Real Estate Market Bottoms
These pieces finished off a series of four for me. Market dynamics are tough, and most people don’t get them.
Fannie & Freddie
A Way to Make Money Off of Fannie and Freddie
Margin of Safety
Another Look At Fannie and Freddie
If you listened to me, you made money off of the failure, and avoided losses as well. No joke; I hit that one out of the park, Bill Miller!
Inflation for Goods Prices, Attempted Inflation for Housing-Related Assets, but Sorry, No Inflation for Wages
Liquidity for the Government and no Liquidity for Anyone Else
FOMC: Forking Out More Currency
Entering the Endgame for Monetary Policy
A Note on the Greenspan Legacy
NOT Born and Bred in the Briar Patch
The Fed continued its “brain dead” policy, until the crisis broke, and then began to catch up.
Analyzing Growth in Firm Value
Accounting Rules Do Not Affect Cash Flows
Illiquid Assets Financed by Liquid Liabilities (Or, why were you playing near the cliff?)
IFRS: Incomparable Flexible Reporting Standards.
A variety of articles dealing with understanding accounting, from a man who has not had a single accounting course in his life, but had to do financial reporting for 12 years.
Stable Value and Money Market Funds
A Proposal for Money Market Funds, and More
A Maximum of One Year of Interest Lost
There are alternative ways of assuring a stable net asset value.
Residential Real Estate Will Not Have A “V” Bottom
The Banking Industry Should Learn from the Insurance Industry
Investing in Financial Stocks is Tough
Too Bad for Preferred Stock
Industries Don’t Learn From Each Other on Credit Issues
Financials are tough because there is nothing that stands behind them, except for willingness to pay.
Big Think Pieces
Financial Bloggers: The Conscience of Wall Street?
Finance When You Can, Not When You Have To
Capitalism <> Greed — Capitalism = Service
Rethinking Insurable Interest
Good pieces all. Read them at your convenience. They will still be valuable 50 years from now.