Wednesday, February 24, 2010

Mid Week News 24 Feb

  • Goldman says it did "nothing inappropriate" in Greek Swaps. (Bloomberg)
  • CMBS Delinquency Rate not likely to peak until 2011. (Seeking Alpha)
  • Desperate FDIC begs Americans to open savings accounts. (ZeroHedge)
  • Marc Faber sees stocks lower on year, no major downside risk however. (Bloomberg)
  • Market's Historical Response to Discount Rate changes. (ZeroHedge)
  • Secret AIG document shows Goldman minted most toxic CDOs. (Bloomberg)
  • Record Direct Bidder Share in 5 yr treasury auction- The continuation of the no confidence vote of the broad market on US fiscal/monetary policy. (ZeroHedge)