Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/Bear Stearns

Roots

I took a trip back to memory lane via the archives to the very first post from the Angry Bear on Feb. 28, 2003 that I know of. The look…

A Case Against MBS

…they not all go bankrupt at once. This means that we should force banks to bear idiosyncratic risk. If they can hedge all idiosyncratic risk, then they will bear systemic…

CDS again

…trust. That means that “bear raids” to drive down the share prices of these institutions can be self-validating. That is in direct contradiction to the efficient market hypothesis. Putting these…

WAPO on AIG III

…the world that you are glad to bear all of some vaguely defined kind of risk, then it will get riskier. AIG was a major factor in the market: Financial…