Dear Mr. Buffett_ What an Investor Learns 1,269 Miles From Wall Street - Janet M. Tavakoli [147]
Long-Term Capital Management (LTCM)
bailout bid (Goldman Sachs/AIG)
Buffett bid, refusal
dollar investment
excuse
fundraising
performance, Berkshire Hathaway performance (contrast)
rejected bid (Buffett)
Lowenstein, Roger
Low-fee index funds, purchase (ability)
M
Madigan, Lisa (lawsuit)
Major, John
Mandelbrot, Benoit
fractal finance
gray swan
Manufactured housing industry, consumer financing practices
Marcus, Magen
Margin call
Marin, Richard
blog writing
Marino, Daniel (guilty charge)
Markowitz, Harry
Mark-to-management estimates
Mark-to-market accounting, value
Mark-to-model, usage
Mark-to-myth, usage
Marquez, James
Martin, Judith
Martin, Steve
MBIA
capital, raising
securities
McLean, Bethany
McNamara, Robert Strange
McVeigh,Timothy
Mead, Scott
Meissner,W.
Melcher, Jim
CNBC appearance
Merger and acquisition (M&A) opportunities
Meriwether, John
Merrill Lynch
collateral, seizure
O’Neal relationship
Merton, Robert
Miller, Bill
Mindich, Eric (Eton Park Capital Management)
Minority homeownership
bad lending, excuse
increase (Bush announcement)
Mitchell, Edson
Moffett, David
Mohammed, Islam founder
Molinaro, Sam (CNBC appearance)
Money
definition
government, impact
types
Money market funds, ratings reliance
Money market securities, pension fund investments
Montag,Tom,
Monte Carlo models, investment bank usage
Monte Carlo simulation, usage
Moody’s Corporation (rating agency)
Berkshire Hathaway shares, ownership
problems
rating awards
Morali,Veronique
Morgan Stanley
Mortgage borrowers (rights), defense (state inability)
Mortgage broker, objectivity
Mortgage companies, fees (problems)
Mortgage lenders
fees, siphoning
loans, takebacks (obligation)
Mortgage lending crisis, swindle
Mortgage-related assets, Fed acceptance
Mortgages
direct/indirect taxpayer costs
losses, increase
meltdown
modification, preference
overdue, timing
re-aging
Moses, Jennifer
Mozer, Paul
Mozilo, Angelo
lawsuit
Mozilo, Eric
Mr. Market, manic depressiveness
Mullins, David
Munger, Charlie
earnings
Gen Re value, realization
Gutfreund rescue
intrinsic value, increase
leverage, avoidance
stock options, absence
tax efficient average annual return
Municipal bonds, bond insurer guarantees
Murphy, Tom
Mussaddiq Mohammad
Mutually assured destruction (MAD)
N
Naked Shorts (Newton)
National Recognized Statistical Rating Organizations (NRSRO) designation
revocation
Negative amortizing ARM, problems
New Century Capital Corp.
Bear Stearns, relationship
credit lines, disappearance
loans
shares, decline
New Century Financial Corporation, fraud/bankruptcy
Newton, Greg
Ng, Serena
NINA program
NINJA loan
No-cost loan, nonexistence
Nonbank investment banks, protection
Nonbank primary dealers, protection
Non-Fannie Mae/Freddie Mac securitizations, purchase
No-Ratio program
Norris, Floyd
O
Oakwood Homes
Berkshire Hathaway loss
Credit Suisse lawsuits
Off balance sheet vehicles, hidden risks
Office of Federal Housing Enterprise Oversight (OFHEO)
Office of Thrift Supervision (OTS), impact
O’Leary, Kevin
Old Lane Partners
Olick, Diana
O’Neal, Stan
problems
Wall Street Journal opinion piece
O’Neill, Paul
Onaran,Yalman
Open Source, usage
Operation Malicious Mortgage, mortgage fraud cases
Option ARMs
negative amortization, allowance
product, toxicity
Options
holders, backdating advantage
pricing model, corporation usage
value manipulation
Othmer, Donald/Mildred
Outcomes, discovery
Ownit Mortgage Solutions
arms-length transaction
implosion
Merrill Lynch (part-owner)
P
Pahlavi, Reza
Pallotta, James
Pandit,Vikram
Parmalat, scandal
Parseghian, Greg
Partridge-Hicks, Stephen
Patel, Beejal
Patton, George S.
Paulos, John Allen
Paulson, Jr., Henry Merrit
FNMA/FHLMC purchase request
shares purchase, authority
Paulson, John
Bear Stearns credit default swaps statement
collateral prediction
U.S. housing market bet
Paulson Plan
Pay option ARM, problems
Peloton Partners
ABS fund
credit