Capital Markets

Day of Reckoning #2: 24 Oct 2008

6 Oct 2008: I am not proud Lehman lost, but the compensation system worked

6 Oct 2008: I am not proud Lehman lost, but the compensation system worked

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Overnight Commercial Paper Rates Rise as Bank Bailouts Spread

It's now corporates' turn.

By Alan Goldstein and John Detrixhe

Oct. 6 (Bloomberg) -- Corporate short-term borrowing rates soared as bank bailouts spread through Europe and the Federal Reserve committed to doubling its auctions of cash to banks to as much as $900 billion to unfreeze short-term lending.

A perfectly normal day...

Lehman's Doom Spooks Hong Kong Art Sale; Two Thirds Goes Unsold

By Le-Min Lim

Oct. 5 (Bloomberg) -- Gloom prevailed at the second day of Asia's biggest art auction in Hong Kong since the U.S. credit crisis began with about two-thirds of the Chinese paintings and sculptures offered, many by masters, unsold.

What did I say then?

Rules for Investing in the Next Bull Market (2 years 40 weeks ago):

How to be smarter when the market comes back – and it will....

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