Log in

No account? Create an account

Remember me

By logging in to LiveJournal using a third-party service you accept LiveJournal's User agreement

: walkitout (walkitout) wrote,
2008-09-14 22:35:00

walkitout
walkitout
2008-09-14 22:35:00

easy money

In some weird three-way non-deal, there's "financial backstop" provided by the street for the winding down of Lehman, an expansion to the lending facility and a bankruptcy announcement due before midnight tonight. The expansion is to accept collateral of investment grade, including equities. Which is a little spooky, except they were already accepting agency debt and we all saw how well that's done since March.

Some commentators are calling this a backdoor bailout. I don't see it, but maybe I'm just naive.

Liveblogging (re)reading Agatha Christie

It has been close to 40 years since I last read _Murder on the Orient Express_. And let me tell you, it's a different read in 2017. The paperback…
_An Extraordinary Time_, Marc Levinson

I loved Levinson's _The Box_, even though it took me years to get around to reading it. I had bought it in hardcover for my husband around the time…
Sunday's Activities Include: CVS, bank, snow, Steinem's _My Life On the Road_ NABR

T. and I went to CVS and the bank to run a couple errands before the snow hit completely. He did not have track today because it was canceled, but we…

Post a new comment
0 comments

Log in

easy money

Liveblogging (re)reading Agatha Christie

_An Extraordinary Time_, Marc Levinson

Sunday's Activities Include: CVS, bank, snow, Steinem's _My Life On the Road_ NABR

Error