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Martin Sullivan Deathwatch   Why Bank Debt Looks Attractive
May 14 2008 10:23AM EDT

Extra Credit, Wednesday Edition

The Discord in Similarity: John Thain is doing a better job than Vikram Pandit.

Of Hedges, Hot Dish, and Hogwash: The Ben Stein Watch to end all Ben Stein Watches.

Australian Bank Acquires Rival for $17.5 Billion: Apparently there's a bank in Australia called St George. Which is worth $17.5 billion. Good to see some banks are still spending their capital, rather than raising it.

FHA Chief Criticizes Rescue Plan: "I think the president is right to veto" Barney Frank's bill, says the man who would largely be in charge of enacting it.

Bubble Land: On the semiotics of the Blackstone annual report. Wherein Blackstone Goes “Reservoir Dogs”:

blackstone.jpg

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