Lending and everything Midwest - Larry's blog
Designed as an open forum that just allows people to talk about anything pertinent. Not politically correct...just facts, fun, advice, expertise and opinions expressed here.
ARCHIVED BLOG POSTS
2008
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Still benefitting from perceived economic softness and echoes of Fed Chairman Bernanke's words, bond prices rose on Friday and expectations for Fed easing soared. While the 11-14bp drop in short and intermediate term Treasury yields was big news, the decline in Fed Funds futures' yields was even ...
01/14/2008
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I have the boy scout's Pinewood Derby this weekend. I have never placed and now I have 2 sons in the race. My dad always made sure that my brother and I had kick ass cars. We never lost. Now things are so hi tech. There's one local guy who took his car to a wind tunnel at General Motors. Ne...
01/14/2008
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23 Minutes in Hell by Bill Wiese. This book is nothing short of insane. It was written by a realtor, of all people, and is really designed to tell people that hell exists. It's not one of those books that are all gloom and doom, but this guy actually visits hell...REALLY and then heaven and th...
01/14/2008
Can't put it into words. Totally cool. I posted about this Friday. My boy, Brett Favre once again did his magic. This was so vintage Favre...tripping, falling forward and making the impossible, well possible!!!! And nothing short of incredible. Anyway, my mom and dad have booked their ticke...
01/13/2008
I live for this stuff. Growing up with 3 brothers, I am an outdoor freak. I mean freak. I do all the regular guy stuff, hunting, fishing, drinking, smoking cigars, gamble a bit once a year, but I live for the fly in fishing in Canada. I know that there is nothing more enjoyable than flying to...
01/11/2008
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Not by much at all, but not many companies in North America can say that they actually grew in 2007. We did! Our profits were fine and our fundings grew. But most importantly we grew significant market share nationally. While other companies closed their doors, merged or just struggled to sta...
01/11/2008
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Today at lunch, the lunchtime hour was the focus on CW. The program was titled "Countrywide on life support." Now it seems that they are in negotiations to be bought by B of A. Interesting developments. This would be so much better than having CW go bankrupt (BK). Going BK will hurt us all. ...
01/10/2008
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Yields rose a few basis points on Wednesday as the bond market took a break from its recent rallies. Stocks, especially financials, had another wild ride, falling sharply throughout the day before being rescued just before the close. There were no economic reports released. St. Louis Fed Presiden...
01/10/2008
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All over the news Countrywide is denying that it's having a cash problem. I mean, if you borrow 11 billion dollars over the last 60 days, let's be real...it just doesn't go to far. Today I had lunch with a Capital Markets guru who buys and sells on the secondary market and he believes that CW i...
01/09/2008
42
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Carson Palmer was interviewed this past week on who can take New England. Many think that Jacksonville can, but what surprised me was that Carson Palmer said that the Packers, due to their tight man coverage, had the ability to upset them. I am poised to get some tickets for the the Packer's ga...
01/09/2008
Rainmaker
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Larry Bettag
Vice-President of National Production
Service Areas
Real Estate Resources
1 “Let not your heart be troubled; you believe in God, believe also in Me. 2 In My Father’s house are many mansions; if it were not so, I would have told you. I go to prepare a place for you. 3 And if I go and prepare a place for you, I will come again and receive you to Myself; that where I am, there you may be also. 4 And where I go you know, and the way you know.”
(John 14:1-4, New King James Version)
(John 14:1-4, New King James Version)
Larry Bettag
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