peHUB Second Opinion 12.18

Take Risks, Get Punished: Credit Suisse is handing out bonuses in the form of the very toxic mortgage assets the firm was selling. How's that for eating your own cooking? (Dealscape) She Knew It, Round Two: This time it's he knew it, and that he is Harry Markopolos, an investor who tried to take Madoff down numerous times. Infectious Greed calls the Wall Street Journal story on it a "must-read." Bad News: For GE just keeps pilin' up. S&P today said the firm's AAA credit rating may be lowered. Deal Journal: Heidi Moore on Why Cerberus Won't Put More Money Into Chrysler. PEC: Not Happy with Obama's Priorities. Dealbook reports.

18 December 2008•1 min read
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