Items Tagged with 'kicker'


  • "Slam Dunk Stimulus" - The Natural History of a Rumor

    How I long for the days when MBS research was about dry, specialized stuff like prepayments and relative value, projecting cash flows, building data bases and models of prepayment and yield curve processes. Dull matters you would be careful not to mention at a dinner party or drinking with pals in a bar. Tedious topics that could put Main Streeters to sleep. Conversation stoppers.
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  • Controlling Cost is Saintly

    Being a New Orleans native and returning to the States after eight years abroad converged rather nicely in spending Super Bowl Sunday with my family in my home town. And perhaps the most enjoyable parts of the Big Show, and in viewing the key components of the victory of the New Orleans Saints over the Indianapolis Colts, dealt with bold risk-taking mixed with the often under-promoted notion of control within an organization.
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  • Triple Play: Bank of America, Wachovia, PNC Warn on Q4 Earnings

    In separate filings with the Securities and Exchange Commission today, three large banks warned of more losses in pending fourth quarter results. PNC Financial Services Group, Inc. adjusted its fourth quarter earnings guidance downward, saying it now expects to report diluted earnings per share within the range of $0.60 to $0.75 and adjusted diluted earnings per share within the range of $1.00 to $1.15. MarketWatch news services reported that analysts had expected profit of $1.39 per share.
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