Reggie Middleton

Contributor since: 26 Feb 2010

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Biography

• MBIA in the News Recently... I am not going to say I told you so

  Published 12 January 2008 | viewed 3,332 times

  Now, I am far from a fixed income specialist, but I just couldn't resist commenting on this... From Reuters: Investors may snap up a planned…

• Generally Negative Growth in General Growth Properties - GGP Part II

  Published 09 January 2008 | viewed 2,590 times

  This is the General Growth Properties summary valuation under a mild US recession scenario. A much more in depth analysis and presentation is on its…

• The Commercial Real Estate Crash Cometh, and I Know Who is Leading the Way

  Published 06 January 2008 | viewed 5,622 times

  A couple of weeks ago I informed BoomBustBlog.com readers that I was working on a big project concerning commercial real estate short candidates. I stated…

• A Reminder Concerning Popular Housing Indices

  Published 04 January 2008 | viewed 3,688 times

  The National Association of Realtors released results stating sales actually rose .04% (statistically significant?), but were down 20% from last year with prices down across…

• Lennar Insolvent: Enron Redux???

  Published 03 January 2008 | viewed 11,135 times

  Required reading for this blog post is the fully consolidated Lennar analysis on my site. That analysis was performed right before Lennar started selling off…

• Again, I say, Credibility is the key, Mr. Hovnanian

  Published 27 December 2007 | viewed 3,946 times

  Don't think that this is just my quarterly carping and caviling of the CEO of a succcessful 3rd generation family business that has fallen on…

• Do You Remember When I Said Commercial Real Estate Was Sure To Fall?

  Published 20 December 2007 | viewed 4,064 times

  My first post on my blog in September warned about the coming drop in real estate prices. I revisited the topic a couple of weeks…

• Banks, Brokers, and Bullsh1+ Part 1

  Published 19 December 2007 | viewed 3,769 times

  A thorough forensic analysis of the Goldman Sachs, Bear Stearns, Citigroup, Morgan Stanley, and Lehman Brothers has uncovered... Last week, Morgan Stanley called Citibank the…

• What does Brittany Spears, Snow White and MBIA have in Common?

  Published 13 December 2007 | viewed 4,559 times

  This is part one of a two part response to comments and questions on the recent events concerning the Ambac and MBIA. The second part…

• Will the Commercial Real Estate Market Fall? Of course it will.

  Published 11 December 2007 | viewed 8,766 times

  Required reading for this article: The very first paragraph of the very first post I made on this blog and "the Great Global Macro Experiment".…

• Monolines Swoon, CDOs Go Boom and I really wonder why the ratings agencies are given any credibility

  Published 06 December 2007 | viewed 4,779 times

  Warning: this is an opinionated blog article that may offend those employed by large rating's agencies or monoline insurers. Recommend reading as a backgrounder: A…

• Follow up to the Ambac Analysis

  Published 04 December 2007 | viewed 4,547 times

  I have been receiving a lot of feedback on the Ambac article and the MBIA one as well. Many want more in terms of clarification,…

• Lennar's 50% Haircut Does Not Make Them Look Any Better

  Published 03 December 2007 | viewed 3,902 times

  Now that I have had a chance to actually go through what Lennar's transaction is about, I have a lot more to say. Here goes...…

• Ambac is Effectively Insolvent & Will See More than $8 Billion of Losses with Just a $2.26 Billion Market Cap

  Published 30 November 2007 | viewed 4,914 times

  I came to this conclusion after a detailed analysis of Ambac's portfolio (at least what Ambac has made public, which was sufficient) covering exposure in…

• Welcome to the World of Dr. FrankenFinance!

  Published 29 November 2007 | viewed 4,929 times

  Many of the large institutions that are the bellwethers of industry (certain industries, at least) are the victims of Dr. FrankenFinance. Due to the machinations…

• Voodoo, Zombies, Lennar's Off Balance Sheet Accounting and Other Things of Mystery and Myth

  Published 21 November 2007 | viewed 5,780 times

  Before we get started with my dark missive, let's clarify the title with a few definitions and a brief history lesson: Voodoo Accounting - Any…

• A Super Scary Halloween Tale of 104 Basis Points Pt I

  Published 13 November 2007 | viewed 5,198 times

  I've had this research on MBIA sitting on my desktop for some time now, too busy to convert it into a post for the blog.…

• Myths, Markets and Manipulators: The Real Deal on the Homebuilders

  Published 07 November 2007 | viewed 5,438 times

  This is an update of my analysis of Ryland and the US residential real estate market. If you recall, we have updated my land value…

• Ryland Homes

  Published 02 November 2007 | viewed 5,373 times

  What does Reggie Middleton and Ryland's upper management have in common? They are both selling shares faster than no doc loans get approved! Originally posted…