Chart of the Week: Realized volatility for the 10Y U.S. Treasury in July was the lowest ever recorded for a given month since trading started on @Tradeweb . The previous record was set in May 2007, a month before Bear Stearns took steps to shore up certain funds. #ustreasuries
It's not the same thing, but the only thing that oil crash reminds me of -- just in terms of sheer jaw droppingness -- is when Bear Stearns opened at $2.
Malpass was chief economist at Bear Stearns during the investment bank’s historic 2008 collapse.
Here's the news 10 years ago today, as Bear Stearns collapsed. The Senate just passed a bill rolling back the protections we added after the crash and making another taxpayer bailout more likely.
It feels, to me, that we are in the same place we were around the time of that Mission Accomplished sign or the quiet before Bear Stearns and Lehman. This isn't about opinions anymore. Every single person who has looked at the business knows in a simple, clear way. 7/
This week marks the ten-year anniversary of the Bear Stearns collapse. Yet what is the Senate doing today? Rolling back bank regulations that were put in place to prevent another crisis. This is totally WRONG.