GLG News in Financial & Business Services

No one can predict the future, but at least there is a market pitch for challenger Google. Understimation of this big player can put Microsoft on a stand still or even worse.

Unlikely that a suitor firm will take over Lehman directly by itself without assistance, perks or partners. As you may recall Bear Stearns in a similar situation, and remember that the Feds had to lend and assist JP Morgan with the acquisition.

The GSEs succeeded in supporting the creation of a broad, deep, liquid national market for mortgages.  They used their market power to impose standardization on mortgage terms and underwriting.  Thus was born the "conforming mortgage." Mortgage insurance is an artifact of this history.  It is an inefficient and (at the individual whole loan level) unnecessary credit enhancement. ...

1) The financial crisis is not over, as we have just seen the first year of consolidation2) Lehman was in trouble even before the message emerged3) Lvel three assets are the pain to come. Regulators and self regulatory authorities have to come up with an independent third party pricing evaluating requirement.

1) Germany is a fractionized market when it comes to retail banking2) Santander will have no added value with Postbank, as it will be still insignificant by market share after Postbank merger.3) Deutsche is climbing-up retail market share to smooth its volatile investment banking income. 

Investors have to rebalance protfoliosEvaluating and monitoring risk and manager performance is crucialevery CDO will run through credit cycle

Implications: 1.Being Financially astute enables the bank to explore opportunities despite the subprime-led financial crisis. 2.It may be , well, expected that other larger banks crushed by the crisis will have to sell a stake of their business. 3.In lieu of losing clients , many other Institutions are experiencin positive financial results resulting in a positive position. 4.Conversely, the credit...

1. Shows how truly bad the mortgage industry has gotten and how scared the feds are of where we are going. 2. If the major source of liquidity can not survive, who will? 3. What should be the outcome.

The GSEs succeeded in supporting the creation of a broad, deep, liquid national market for mortgages.  They used their market power to impose standardization on mortgage terms and underwriting.  Thus was born the "conforming mortgage." Mortgage insurance is an artifact of this history.  It is an inefficient and (at the individual whole loan level) unnecessary credit enhancement. ...

The different players in the open source community choose their strategy and the IT giants, like Microsoft or even Google in the end, will suffer from this, won't they? The open source community, with an vast amount of free capacity, bring together millions of IT professionals all around the world. They benefit from high bandwidth internet and love to challenge the IT giants.