Weekend Audience

The Prince’s Weekend Audience - Paulson’s Big Day

By The Prince ⋅ March 29, 2008 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

Bain’s and THL’s Official Sponsor Complaint Press Release - Courtesy of The Deal - Sounds like the banks are backed into a corner on this one.

"U.S. Treasury Secretary Henry Paulson plans on Monday to call for sweeping structural changes in the way the government monitors financial markets, capping a broad review aimed at revamping a system of regulatory oversight built piecemeal since the Civil War." - The Prince can’t help but say I told you so.

The Executive Summary of Paulson’s report - The plan looks to merge some agencies and broaden the authority of the Fed.

Interview with Paulson by the WSJ Today - Mortgage origination commission?  Really?

Valuation, Frayed Nerves, and Liquidity - Information Arbitrage - The Prince agrees "And at a time when distressed, illiquid assets are being met by hostile capital PE Hubmarkets, pretty much everything should be marked-to-market if logical and rational accounting principles hold."

Scatology - Epicurean Dealmaker - "From the perspective of Monty Python’s cart driver, no-one has come off looking like a King in this scenario." Classic.

More On "The Lost Decade" - A Dash of Insight - A comprehensive survey of response to the WSJ’s "The Lost Decade" for stocks article.

Counterparty of Last Resort? - Interfluidity - Of course the Fed is now the counterparty of last resort.

Clear Channel: The BCE Guinea Pig? - PE Hub - Seems likely to the Prince.

Weekly Q&A - Mergers and Inquisitions - "Hedging your Bear Stearns Summer Offer." Indeed.

Carl Icahn Gives A Lesson on How to Deal with Texas Lawyer Joe Jamail: It Helps to Pour Some Vodka into Him - DealBreaker - A Texan after The Prince’s own heart.