Zeroization What it is

February 18, 2009

How low can you go

Filed under: General,Internet Tools — Tags: , , , — Mr. Zero @ 5:40 am

How much value has been lost? This much…

Investment Bank Capitalizations

February 13, 2009

Du-bye-bye

Filed under: General — Tags: , , — Mr. Zero @ 4:12 am

For years I’ve wondered how Dubai has managed to expand so rapidly into a modern metropolis. Simple, easy credit. Looks like that is over.

February 12, 2009

Bailout Nation

Filed under: General — Tags: , , , , , — Mr. Zero @ 5:12 am

If you read Barry Ritzholtz blog, The Big Picture, you may have read that he was working on a book about the fiscal crisis. Bailout Nation was to be published by McGraw-Hill. McGraw-Hill owns Standards & Poor’s a credit ratings agency.  The book, which was critical of the role that the ratings agencies undoubtedly played in the creating the current crisis, has now been dropped by McGraw-Hill. Now, while a major publisher should be allowed to drop any book it so chooses, it certainly raises eyebrows. But what about the other significant conflict of interest, that BusinessWeek Magazine is also owned by McGraw-Hill. Can we reasonably expect a major business information periodical to maintain its editorial independence when McGraw’s professional division is having its books reviewed by S&P?

Incidentally, the book is still avilable for pre-order on Amazon.

February 11, 2009

15 Doomed Companies

Filed under: General — Tags: , , , , — Mr. Zero @ 6:26 pm

US New’s Flow Chart blog has a list of 15 companies that might not make it through 2009. Those on the chopping block:

  • Rite Aid
  • Claire’s Stores
  • Chrysler
  • Dollar Thrifty Automotive Group
  • Realogy Corp.
  • Station Casinos
  • Loehmann’s Capital Corp.
  • Sbarro
  • Six Flags
  • Blockbuster
  • Krispy Kreme
  • Landry’s Restaurants
  • Sirius Satellite Radio
  • Trump Entertainment Resorts Holdings
  • BearingPoint

Some of them I’d be sad to see go, but to BlockBuster, I say good riddance.

[ad#posts]

February 3, 2009

Layoffs

Filed under: Economics — Tags: , — Mr. Zero @ 3:42 am

Every bubble needs its fuckedcompany.com. This time around its layoffdaily.com. The site claims 1300 layoff stories already this year alone.

September 23, 2008

15 Steps to Financial Ruin

Filed under: Economics — Tags: , , , — Mr. Zero @ 10:22 pm

How the whole sheband unravelled, starting with the Fed rate cut way back when.

Powered by WordPress