Extra Credit, Monday Edition
Fannie, Freddie, Ginnie now account for 130% of mortgage lending in U.S. "The numbers are even more dramatic if you just look at the most recent period for which data are available, the first three months of this year. Total home mortgage lending increased by $313 billion. GSE lending increased by $539 billion. That's a 172% market share!"
In Deal for King of Beers, Cash Is King: InBev's acquisition of Anheuser-Busch is the largest all-cash acquisition ever.
Related: This Bud Might Not Be for Them: "'I'll tell you one thing,' said the 21-year-old concrete worker during his lunch break at The Brick of St. Louis bar, in the shadow of this city's storied Anheuser-Busch Cos. brewery, 'if Budweiser is made by a different country, I don't drink Budweiser anymore. I'll go back to Wild Turkey.' (Wild Turkey, a Kentucky bourbon, is owned by French drinks giant Pernod Ricard SA.)"
A Rich Life: Rob Bennett responds to my blog entry on his stock valuation technique.
Guardian Buys Publisher of PaidContent Web Site: For $30 million.
Annals of Demand Response: "Metro had its highest ridership day ever on Friday, when 854,638 people took the train... 8 of the top 10 ridership days have come in 2008... and 20 of the top 25."
How to write about pointless international organisations: All hail Alan Beattie.
- Extra Credit, Friday Edition
- Oct 10 2008 11:34PM EDT
- Paulson's Failure
- Oct 10 2008 11:03PM EDT
- Quitting the Hedge Fund Game
- Oct 10 2008 5:34PM EDT
- The Coalition of the Ailing
- Oct 10 2008 4:14PM EDT
- Recapitalization and the Implicit Treasury Guarantee
- Oct 10 2008 1:23PM EDT
- Lehman CDS: Low Price, Low Volume
- Oct 10 2008 12:24PM EDT
- Credit Markets Get Even Scarier
- Oct 10 2008 12:12PM EDT
- Information Overload Datapoint of the Day
- Oct 10 2008 10:23AM EDT
- Lehman CDS: It Won't Be Over Today
- Oct 10 2008 9:45AM EDT
- The Guarantee Plan
- Oct 10 2008 9:24AM EDT
- Extra Credit, Thursday Edition
- Oct 9 2008 11:51PM EDT
- The Unwinding of the Moral Hazard Trade
- Oct 9 2008 10:43PM EDT
- What Just Happened?
- Oct 9 2008 5:22PM EDT
- When Shipping Costs Plunge
- Oct 9 2008 1:39PM EDT
- Should the Fed Target Libor?
- Oct 9 2008 12:12PM EDT
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