Reggie Middleton

Contributor since: 26 Feb 2010

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• As I See It, 32 Commercial Banks and Thrifts May See the Feces Hit the Fan Blades

  Published 23 May 2008 | viewed 4,873 times

  I have identified 32 banks that are $@%%. It's really as simple as that. I have been publishing the research that I used to build…

• Lehman Has Already Spent All of the "Confidence" Money It Just Raised

  Published 21 May 2008 | viewed 5,201 times

  Lehman Brothers raised $4 billion dollars to allegedly "prove" to the market that it was liquid and had confident investors and trading partners. I didn't…

• More on the Banking Backdrop, They Have Never Had So Many Loans

  Published 20 May 2008 | viewed 5,372 times

  This is another installment of my series on the US banking system and the Asset Securitization Crisis. As a recap, let's draw a map to…

• "Dont believe Paulson": SnL 2.0 - Bank Failure Redux

  Published 16 May 2008 | viewed 3,104 times

  I fancy myself to be a pretty good investor. While I think I'm a pretty bright guy, I know I am not at the level…

• The Bloody Knife Used to Gut Bear Stearns???

  Published 29 April 2008 | viewed 4,684 times

  In the vein of any good mystery (or conspiracy theory), here are some charts and stats to go with the Bear Stearns' conspiracy post that…

• Banks, Brokers and Bullsh1t - v.3.1

  Published 25 April 2008 | viewed 3,784 times

  This is part of my continuing diatribe on the state of the US and global banking system. As a backgrounder, and to get caught up…

• Ambac Does It Again

  Published 23 April 2008 | viewed 3,842 times

  I apologize if I seem defensive or full of myself, but often when I strike out with a contrarian opinion, I get a lot of…

• The Worst is Behind Us, Unless Massive Bank Failure is Considered a Bad Thing

  Published 21 April 2008 | viewed 5,550 times

  I hear many bank CEOs saying they believe the worst is behind us. I am not a banking exec, and I am not on the…

• Wall Street Still Doesn't Get It

  Published 16 April 2008 | viewed 4,054 times

  From WSJ.com: Some 10 months after the mortgage hurricane made landfall, Merrill Lynch & Co. is still trying to dig out. On Thursday Merrill will…

• Discussion of a "Bottom" One Year After a 7 Year RE Market Run Up is Pure Ignorance!

  Published 11 April 2008 | viewed 5,491 times

  I was talking with my father yesterday about the meanings of the terms recession, depression, inflation, nominal and real prices. My dad (and my mom)…

• Fitch has Stripped MBIA of it's AAA Rating - The Consequences...

  Published 07 April 2008 | viewed 3,866 times

  Here we go. It is amazing that the investment banks have rallied, particularly considering that most of them rely heavily on MBIA and Ambac as…

• A Bank Led, Bank Insurer Bailout? Efficient Markets have Less Gullibilty and Less Manipulation

  Published 24 February 2008 | viewed 5,397 times

  Let's start this off academically. Definition (from Wikipedia): Insurance, in law and economics, is a form of risk management primarily used to hedge against the…

• Straight Talk on the Monoline Mess

  Published 17 February 2008 | viewed 4,723 times

  Let me be clear on how my common sense, outside the box mentality views this mortgage insurer mess as of now. I haven't revisited this…

• Was I right on my call on Commercial Real Estate Crashing?

  Published 13 February 2008 | viewed 3,965 times

  My first post on my brand new blog about 6 momths ago started with a warning about the commercial real estate market and obscenely low…

• Is this the Breaking of the Bear? Part 2

  Published 30 January 2008 | viewed 2,138 times

  After Citigroup and Merrill Lynch, it's now Bear Stearns' turn to writedown more assets Driven by the implosion of the US asset securitization market, the…

• Is this the Breaking of the Bear?

  Published 30 January 2008 | viewed 6,774 times

  How we got started Anybody who follows my blog knows that I am extremely bearish on the global macro environment, particularly risky and financial assets.…

• Fitch Finally Found My Blog and Cut Ambac's Rating, So what's next...

  Published 20 January 2008 | viewed 3,870 times

  This is the part where you should expect me to say all hell breaks loose. For those who don't follow me regularly, this is my…

• After Reading the Prospectus and Reviewing Potential Losses, Would You Buy These Notes?

  Published 17 January 2008 | viewed 3,622 times

  This is from MBIA's recently published 8k. If you have not done so already, it is strongly recommended that you read the November blog post:…

• Ambac Now Has a Municipal Bond Issue to Worry About - Im not going to say I told you so

  Published 15 January 2008 | viewed 3,862 times

  I'll make this one quick and clean. From the blog post dated Thursday, 29 November 2007 - Ambac is Effectively Insolvent & Will See More…

• We All Should Have Known These Were Coming...

  Published 13 January 2008 | viewed 5,709 times

  Bernstein Litowitz Berger & Grossmann LLP Announces Filing of Class Action Suit Against MBIA, Inc. and Certain of Its Senior Officers and Directors: The Complaint…