Mar 3 2008
Why Credit is not the Same as Cash: Thornburg Mortgage and Margin Calls.
As many of you may or may not be aware, the next big thing that is pushing mortgage lenders and financials into the ground is margin calls. What is occurring in the market is companies leveraged to the heavens, are now realizing the stark difference between liquid and illiquid assets. Take a look […]
Feb 25 2008
Visa prepares for near-$19B IPO: Great Timing with Credit Crunch
In what has to be a case of the worst timing award, Visa is planning to launch an $18.76 billion IPO. When credit gets tight, go IPO:
NEW YORK (AP) — Visa Inc. said Monday its initial public offering could raise up to $19 billion - making it the largest in U.S. history - even […]
