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Sand (and sun I hope), Here We Come
via malonigse.blogspot

(This will be a very brief blog, as I head off for a week at the beach with my wife, oldest son and his wife, and 5 grandkids, two of which are from west coast son #2 and his wife.) My Fourth of July Declaration Going forward I want to reiterate my...
John Lothian Newsletter: Fledgling Derivatives Market Hires Ex-DTCC Executive as Chairman; Hedge Funder Dalio Thinks the...
via johnlothiannews

First Read Tony McCormick Out as CEO of BOX Markets, LLC By John J. Lothian The CEO of the BOX Options Exchange has stepped down as the CEO of the business side of the exchange, according to industry sources. Tony McCormick will remain as a consultant...
Equity Firms Are Lending to Landlords, Signaling a Shift
via american-apartment-owners-association

In the aftermath of the financial crisis, large private equity firms spent tens of billions of dollars buying foreclosed homes across the United States to operate them as rental properties. Now some of those same firms are providing loans to smaller...
Wall St. Bankrolls Ex-Exec As He Sues Over AIG Bailout
via looktowink

One might call it ”chutzpah,” as several irate lawmakers did, or ”rubbing salt in the wounds” of the American taxpayer. But to a fewWall Street financiers, a lawsuit that accuses the government of shortchanging theAmerican International Group in its...
The Return of the Jumbo
via viableopposition.blogspot

Remember those damnable jumbo mortgage loans of the housing bubble? Well, like the Terminator, according to Inside Mortgage Finance, "they're back"! As a bit of background, jumbo mortgages are home loans that exceed the limits imposed by...