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Bailout Nation

Page 32

by Barry Ritholtz


  historical perspectives

  refinancing

  repackaged

  types of

  Mortgage originators. See Loan originators

  Motive, short-term. See also Profit motive

  Mozilo, Angelo

  M3 money supply

  Mudd, Daniel

  Municipal bond:

  insurance

  market

  Munitions industry

  Mutual funds

  Mutually assured destruction (MAD)

  Naked shorting

  Nanotechnology

  NASA, cost of

  NASDAQ

  NASDAQ Composite

  National Banking Act

  National Bureau of Economic Research (NBER)

  National chartered banks

  National City

  National Currency Act

  National health insurance

  National Industrial Recovery Act (NIRA)

  Nationalization. See also Bush Administration

  National Labor Relations Board (NLRB)

  Nationally recognized statistical rating organizations (NRSROs)

  National Monetary Commission

  National Recovery Administration (NRA)

  National reserve system

  National Youth Administration (NYA)

  Natural disasters, economic impact of

  Naughty Child Index

  Net capital rules

  Net Portfolio Maiden Lane LLC

  Netscape

  New Century Financial Corporation

  New Deal:

  components of

  cost of

  public acceptance of

  New Economy

  New products/product lines

  New York Federal Bank

  New York Federal Reserve Bank

  New York Mercantile Exchange (NYMEX)

  New York Stock Exchange (NYSE)

  Nifty Fifty stocks

  NINJA loans

  Nixon, Richard

  Nixon Administration

  No-doc (no-documentation) loans

  No-money down mortgages

  No-money-down, no-income-check mortgages

  Nomura Securities

  Nondepository mortgage originators

  Non-farm payroll reports

  Nonfeasance

  Notional value

  Nuclear energy facilities

  Obama, Barack:

  advice for

  economic recovery strategies

  national health insurance

  Obama Administration. See Geithner, Jim; Paulson, Henry (Hank)

  Off-balance-sheet accounting

  Office of Federal Housing Enterprise Oversight (OFHEO)

  Office of the Comptroller of the Currency (OCC)

  Office of Thrift Supervision (OTS)

  Oil embargo

  Oil prices, economic impact of

  O’Neal, Stan

  Open market operations

  Operating capital

  Operating income

  Options trading. See also Greenspan put; Put options

  Oracle

  Overcompensation

  Overinvestment

  Overleverage. See also Bear Stearns

  Overpriced housing

  Oversold market

  Over-the-counter (OTC) derivative contracts

  Overvalued stocks

  Packard, David

  Pandit, Vikram

  Panic of 1907

  Panics, financial

  Panzner, Michael

  Paradigm shift

  Parry, Richard T.

  Partnoy, Frank

  Patriot Act

  Paulson, Henry (Hank)

  Penn Central

  Penn Central Railroad

  Pension funds

  Personal liability issues. See also Liability

  Pets.com

  Pickard, Lee A.

  Piggyback loans

  PIMCO

  Pitt, Harvey

  Plain vanilla loans

  Plunge Protection Team (PPT)

  Political philosophy, impact of. See also Democratic Party ideology; Republican Party

  Ponzi schemes. See also Madoff, Bernie

  Poole, William

  Portfolio insurance

  Posen, Adam S.

  Post-bailout nation:

  blame

  casino capitalism

  foreclosure virtues

  misplaced fault

  Preannouncement season

  Pre-bailout nation ,1860-1942

  Predatory borrowing

  Predatory lending

  Preferred equity

  Preferred stock

  President’s Working Group (PWG) on Financial Markets

  Press releases, market impact of

  Price, generally:

  competition

  housing, see Housing prices

  spreads

  stability

  Price-earnings (P/E) ratio

  Price-to-rent ratio

  Primary Dealer and Others (PDCF)

  Prince, Chuck

  Private banks, development of

  Private capital

  Private equity

  Private partnerships

  Private sector

  Private trusts

  Privatized gain

  Profitability

  Profit margin

  Profit motive

  Property taxes

  Proxmire, William

  Psychological impact. See also Investor psychology

  Public-Private Investment Program (PPIP)

  Public Works Administration (PWA)

  Put options

  Quaintance, Lee

  Qualcomm

  Rabobank

  Radical ideology

  Rail Passenger Service Act (RPSA)

  Railroad bonds

  Railroad industry. See also Amtrak; Penn Central Railroad

  Raines, Frank

  Rambus

  Rate-driven economy

  Rate of return

  Ratigan, Dylan

  Rating agencies

  Rational exuberance

  Rationalization, in prototypical bailout

  Reagan, Ronald

  Real estate agents

  Real estate market:

  boom and bust

  bubbles

  improvement strategies

  influential factors

  nature of

  RealtyTrac

  Receiverships

  Recessions:

  characteristics of

  global

  of 1953-1954

  of 1990-1991

  of 2001

  of 2007

  recovery from

  response to

  Recklessness

  Reconstruction Finance Corporation (RFC)

  Reed, John

  Referral fraud

  Refinancing

  Regional Rail Reorganization Act of 1973

  Regulatory agencies/bodies

  Renaissance Technology

  Reorganization

  Repackaged mortgages

  Republican Party ideology

  Rescue programs

  Research in Motion

  Reserve requirements

  Residential mortgages (RMBSs)

  Responsibility. See also Blame

  Return on investment (ROI)

  Reverse amortization

  Risk-averse banks

  Risk capital, allocation of

  Risk controls, lack of

  Risk event

  Risk exposure

  Risk management

  Risk-reward balance

  Risk-taking, excessive

  Roosevelt, Franklin Delano (FDR) . See also New Deal

  Roper, Barbara

  Rosenberg, David

  Rothschild, Mayer

  Rove, Karl

  Royal Bank of Scotland

  Rubber companies

  Rubin, Robert E.

  Rumors, economic impact of

 
Rural Electrification Administration (REA)

  Russia:

  as bailout lender

  bond market

  debt crisis

  Safety nets

  Salmon, Felix

  Salomon Brothers

  Salomon, Gene

  San Francisco earthquake, economic impact of

  Sand Hill Road

  Sarbanes-Oxley

  Saudi Arabia, as bailout lender

  Savage, Tom

  Savings and loan (S&L) crisis

  Scholes, Myron. See also Options trading

  Schumer, Chuck

  Schumpeter, Joseph

  Schwartz, Alan

  Secondary Credit

  Second Bank of the United States

  Second mortgages

  Securities and Exchange Commission (SEC)

  Securities Exchange Act

  Securities fraud

  Securities Lending Overnight

  Securities Litigation Reform Act of 1995

  Securitization

  Self-correcting economies

  Self-regulating markets

  Sell-offs

  Shadow banking system

  Shanghai Stock Exchange (SSE)

  Shareholder(s):

  interest

  liability of

  Sheehan, Fred

  Short sellers

  Short selling

  Short-term profits

  Silicon Valley:

  cost of failure

  stock options

  Smith, Adam

  Smith Barney

  Socialism

  Social Security Act

  Social Security benefits

  Société Générale SA

  Solar power industry

  South Sea bubble

  Space exploration, cost of

  Spector, Warren

  Speculation

  Speculators

  Spitzer, Eliot

  Standard & Poor’s 500

  Standard & Poor’s (S&P) ratings

  Standard deviations

  Stanford Financial Group

  Stanford, Sir Allen

  Start-up companies

  State insurance commission, regulation by

  State regulatory agencies

  State Street

  Steel industry

  Steel, Robert

  Stein, Eric

  Stem cell medicine

  Stiglitz, Joseph

  Stimulus Package

  Stock, generally:

  ownership

  preferred

  price, impact of

  purchases

  repurchases

  valuationsStock loan desk

  Stock market:

  bailouts, see Stock market bailouts

  bubbles

  crashes, see Stock market crashes

  technology stocks

  Stock market bailouts:

  1987-1995

  1996-1999

  2000-2003

  Stock market crashes:

  of 1929

  of 1987

  of 2000-2003

  Stock options

  Strike price

  Structured finance

  Structured investment vehicles (SIVs)

  Subprime bonds

  Sub-prime lending

  Subprime loans. See also Subprime mortgage

  Subprime mortgage:

  characteristics of

  crisis

  originators. See also Loan originators

  Sullivan, Martin

  Summers, Lawrence (Larry)

  Swaps

  Swedish solution

  Syndicate deals

  Syron, Richard F.

  System failure

  Systemic risk:

  defined

  implications of

  1998 exposure to

  preventive strategies

  TAFFY

  Taxation issues

  Tax code

  Taxpayer support

  Teaser-rate mortgages

  Technology firms

  Technology sector:

  boom in

  bubble

  Technology stocks:

  characteristics of

  crash of

  Telecommunications Reform Act of 1996

  Telecommunications stocks

  Telegraph industry, development and growth of

  Telephone industry

  Television industry

  Ten-step bailout pattern

  Tennessee Valley Authority (TVA)

  Term Auction Facility (TAF)

  Term Securities Lending Facility (TSLF)

  Terrorist attack (9/11), economic impact of

  Thai baht crisis

  Thain, John

  Thin trading

  Thompson, G. Kennedy 30/20/10 Proposal

  Thrifts

  Tickle-up economic theory

  Toxic debt

  Toxic securities

  Toyota

  Trade balances

  Tranches

  Transparency

  Transportation infrastructure

  Travelers Group

  TrimTabs Investment Research

  Troubled Assets Relief Program (TARP)

  Trump, Donald

  Trusts

  Truth-in-Lending Disclosure Statement

  Turnaround Tuesday

  Ultra-cheap money

  Uncertainty

  Undercapitalization

  Underwriters

  Underwriting regulations

  Unemployment rates

  United Auto Workers (UAW)

  United Kingdom, historical monetary problems. See also Bank of England

  U.S. dollar:

  devaluation of

  gold, relationship with

  pegged currencies

  valuation of

  U.S. regulatory oversight

  U.S. Treasury Department:

  Citigroup bailout

  functions of

  Lehman Brothers bailout

  Uptick rule

  Valuation:

  currencies

  metrics

  stock

  Venture capital

  Vietnam War, cost of

  Volcker, Paul

  Wachovia

  Wages, economic impact of

  Wagner Act

  Wall Street attitude

  War, economic impact of:

  generally

  Gulf War II

  Iraq invasion

  Korean War

  Vietnam War

  World War I

  World War II

  Washington Mutual (WaMu)

  Water infrastructure

  WCI Communities

  Wealth effect

  WebMD

  Weil, Sandy

  Weitzman, Jeff

  Wells Fargo

  Welsh, Jim

  Whitney, Meredith

  Willumstad, Robert

  Wilson, Woodrow

  Wind energy

  Winkereid, Jon

  Workouts

  Works Progress Administration (WPA)

  World economic crisis

  World economy, destabilization of. See also Global economy

  World War I

  World War II

  Y2K bug

  Yahoo!

  Yield

  Zelman, Ivy

  Zero equity

  Zillow

  Zippy Cheats & Tricks

 

 

 


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