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
0
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Bond prices rose a touch on Monday in quiet trading. The big news of the day came from insurer AIG who said that its prior accounting for credit default swaps was in error and the previously reported $1.6 billion in write-downs really turned out to be $4.88 billion. The error was found by PWC aud...
02/12/2008
68
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It all started with Oprah Winfrey. My wife was invited to a show 3 years ago with a girlfriend. She went to the show and had a wonderful time. I received a call from her (my wife, not Oprah) after the show saying that she was on "Oprah's Favorites" show. She calls me and has me drive to the s...
02/11/2008
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Here's the deal....when I was in graduate school, I got to running every day. I lost 35 pounds and was in the best shape of life that I've ever been in. I would eat whatever I wanted whenever I wanted, but would stop when I wasn't hungry anymore. I quit eating junk and most importantly, stoppe...
02/11/2008
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So my wife isn't a big Depp fan, but she is in love with Brett Favre. My 16 year old half-niece who lives with us 1/2 of the time is in love with the Depp-ster. My 39 year old assistant thinks that he rocks as well. So he's coming to town for 3 months to shoot a new movie. Tomorrow my busines...
02/08/2008
Today's Market CommentaryBond prices plunged on Thursday as a miserable thirty-year auction, hawkish comments from Dallas Fed President Fisher, and technicals combined to batter bonds. Yields rose 15bp or more across the bulk of the curve. Despite selling at the lowest level since 30yr auctions b...
02/08/2008
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Although Tuesday was billed as "Super Tuesday" for the Presidential nominating process, for the economy and stocks, it was everything but a super day. The ISM non-manufacturing index, which has grown in stature over the past couple of years even though it still carries less weight than its sister...
02/06/2008
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The yield curve shifted surprisingly little on Friday despite major economic news. Yields fell two basis points or less across the Treasury note and bond curve. The December payroll report was very weak, posting a decline in jobs for the first time since 2003. The ISM manufacturing index rose to ...
02/04/2008
Tomorrow is the big day. Vote...print this out and take it with you. Support people who stand against big government. Remember, you need to write in Robert Young. Forward this to your friends, family and anyone in Campton who cares about the direction that we're headed.Support the Free Us Cand...
02/04/2008
Proponents of the Village of Campton Hills promised to spare its residents from many of the typical burdens of government. Apparently not on that list is the unseemly conduct that so often accompanies the campaign process. Candidates - even in this self-described hamlet of rural charm - seem mo...
02/03/2008
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Larry Bettag
Vice-President of National Production
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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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