The Ad-Free Personal Finance Blogs Aggregator
170,880 entries from 1,092 weblogs - updated every 5 minutes - bookmark us!
Finally, an ad-free aggregator for personal finance, real estate, and investing blogs!
New! (December 27) We are now indexing 1,000 blogs! Also, we're announcing a previously undocumented feature already in use on a few personal finance blogs.

Viewing entries for

View all blogs (popular) | Personal finance (popular) | Real estate (popular) | Investing (popular) | Visit

Friday, February 1, 2008
From Alphaville - view blog entries - visit this blog
February 1, 2008 at 12:18 am ET
Standard Chartered is to take $7.2bn of assets from Whistlejacket Capital on to its balance sheet after committing to fund the structured investment vehicle, but sought on Thursday to reassure investors that the consolidation had ... (more)

From Alphaville - view blog entries - visit this blog
February 1, 2008 at 12:16 am ET
Japan’s three biggest banks have lost a total of Y499bn ($4.7bn) as a result of exposure to US subprime mortgage products and other structured securities. Results published this week show the crisis has so far ... (more)

From Alphaville - view blog entries - visit this blog
February 1, 2008 at 12:15 am ET
Cash-rich financiers including Warren Buffett, Wilbur Ross and Ron Perelman are preparing to pounce on US companies hit by the financial turmoil – moves that could herald a new era of “vulture investing”. After years ... (more)

From Alphaville - view blog entries - visit this blog
February 1, 2008 at 12:14 am ET
Motorola on Thursday said it was considering spinning off its struggling mobile devices business, in a move that sent shares in the beleaguered handset maker up more than 10% in after-hours trading, reports the FT. ... (more)

From Alphaville - view blog entries - visit this blog
February 1, 2008 at 12:10 am ET
Lenovo, the world’s fourth-largest computer vendor, has retreated from the strategic but brutally competitive mobile phone business after six years of struggle with the unit. In an announcement accompanying quarterly results showing strong growth in ... (more)

From Alphaville - view blog entries - visit this blog
February 1, 2008 at 12:03 am ET
Aviva, the UK’s biggest insurer, said on Thursday it had signed an agreement to buy South Korea’s LIG Life Insurance in a consortium with local partner Woori Finance for Won137.2bn ($145.4m). The deal will give ... (more)

From Alphaville - view blog entries - visit this blog
February 1, 2008 at 12:02 am ET
Woolworths, the UK-based retailer, has carried out what it claims is the biggest asset-backed loan deal in European retail, staving off a potential credit crunch at the confectionery and entertainment group and leaving the door ... (more)

From Alphaville - view blog entries - visit this blog
February 1, 2008 at 12:02 am ET
A group of Liverpool football fans wants thousands of fellow supporters to pool together to mount a bid for the Premier League club. The Share Liverpool FC plan, which would seek £5,000 each from 100,000 ... (more)

Thursday, January 31, 2008
From Alphaville - view blog entries - visit this blog
January 31, 2008 at 11:59 pm ET
US markets DJIA up 207.53 at 12,650.36 Nasdaq up 40.86 at 2,389.86 S&P 500 up 22.74 at 1,378.55 Asian markets 05.04am GMT Nikkei down 24.63 at 13,567.84 Topix down 4.26 at 1,342.05 Hang Seng up 197.26 at 23,653.00 European markets FTSE100 up 42.47 at 5,879.78 Eurofirst ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 11:30 am ET
Some have suggested to us that former UBS prop trader John Wood has now finally lost his mind. Then again, they do say that madness and genius are just two sides of the same coin. ... (more)

Lunch Wrap (1 click)
From Alphaville - view blog entries - visit this blog
January 31, 2008 at 7:13 am ET
On FT Alphaville this morning, - Monolines were again high on the agenda as plans for an industry wide bailout crumbled. MBIA announced its results overnight, posting big losses and going in search of more capital. ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 7:00 am ET
The cost of protecting European corporate debt against default surged on Thursday after bond insurer FGIC lost its triple-A rating and Standard & Poor's cut or put on review ratings on $534 billion of mortgage-related ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 6:37 am ET
William Ackman, the activist shorter of the monolines, has stepped up his one-man campaign to bring the beleaguered insurers down. He claims he has obtained the most detailed yet data on Ambac and MBIA’s exposure to ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 6:15 am ET
FT Alphaville warning: This post is long. But worth reading. Bill Ackman has not only provided the rationale for his continued shorting of the monolines, but he's also put the numbers for his risk modelling ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 6:04 am ET
Markets live chat transcript for the chat ending at 12:09 on 31 Jan 2008. Participants in this chat were: Paul Murphy (PM) Neil Hume (NH) PM: Welcome to Markets Live – FT Alphaville’s ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 4:36 am ET
The latest structured finance bombshell from Standard & Poor's has struck. Around $534bn of mortgage backed debt has been downgraded or put on negative watch by the rating agency, according to a report released late ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 4:29 am ET
Having spent a good portion of the autumn insisting that it would not be consolidating its SIV, Whistlejacket, onto its clean and neatly structured balance sheet, Standard Chartered on Thursday went the whole hog. A full ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 4:14 am ET
Predictably, for such unpredictable behaviour on the part of the US Federal Reserve, there's a lot of hoo-hah out there over the Fed's 50bp interest rate cut on Wednesday. Opinions, as we noted earlier, range ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 3:58 am ET
Opec officials blame volatility of oil prices on speculators. In fact, although speculators contribute to the magnitude of the price fluctuations, Opec remains their "prime cause" says Ed Morse, chief energy economist at Lehman ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 3:27 am ET
As well as it's Q4's, Friends Provident completed its "detailed review of strategic options" on Thursday, revealing cost-cutting and "streamlining" of businesses. Take a look at the statement in full, here. It's a profits warning: As a ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 2:29 am ET
Rate cuts or no rate cuts, the news just keeps getting worse for the big bond insurers, or monolines. On Thursday morning, MBIA, the world's largest bond insurer, on Thursday posted its biggest-ever quarterly loss ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 12:49 am ET
The US Federal Reserve on Wednesday cut interest rates by another 50bp to 3% and signalled possible further reductions. The move initially triggered a broad rally in stocks – the S&P 500 jumped 1.7% ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 12:49 am ET
The board of Société Générale on Wednesday defied a chorus of criticism to back Daniel Bouton, the bank’s embattled chairman, even as France’s central bank governor gave a damning verdict of the bank’s risk controls. ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 12:47 am ET
The CME Group’s $11.3bn bid for energy exchange Nymex is facing opposition from within the derivatives industry over concerns that it will create a dominant exchange with excessive pricing power. The CME could also be ... (more)

From Alphaville - view blog entries - visit this blog
January 31, 2008 at 12:46 am ET
John Thain, Merrill Lynch's new chief executive, said he expected individual credit insurers would receive capital infusions from investors, but that it would be difficult to craft an "industry-wide" bailout for the beleaguered guarantors. Highlighting ... (more)

| | | | | | | | |