Future Sight

A Macro view on the economy, markets, investing and business.

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Entries Tagged as 'GMAC'

What caused the crash, who should go to prison and how to fix this mess

April 6th, 2009 No Comments

This article could have so many titles:
 
Whose to Blame?
 
Why are the wrong people being blames?
 
The one reform the market desperately requires?
 
Where was the free market watchdog? No not the SEC……
 
Why are the rating agencies not owning responsibility for their mess?
 
Should AIG and Madoffs investors be allowed to sue the Rating Agencies?
 
Who owns the Rating [...]

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SIV's rear their ugly head agin in the most unexpected of places

November 10th, 2008 No Comments

SIV’s are blamed by many as the cause of the current economic crisis. With companies placing undesirable assets off their balance sheets they could report profits and other good news whilst hiding the truth. Thus today i was shocked to hear that SIV’s have once again reared their ugly head in the most unusual of [...]

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Hidden Time Bombs that investors should learn to look for

February 25th, 2008 No Comments

Investing in businesses in the stock market is riskier business than you realise. The American standard accounting practices hide a multitude of sins from the unsavy investor. Companies like Enron, Countrywide Financial and GMAC can be huge titans one day with seemingly positive and healthy balance sheets and gone the next in a sea of [...]

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Impending Disaster for GM and GMAC

December 10th, 2007 No Comments

As 2005 drew to a close I predicted it was the height of the Real Estate bubble, in May 2007 I predicted Countrywide Financials (CFC) impending sub prime implosion. In July I started to forecast the Real Estate/ Subprime/ Conduit effect and now I make my prediction for 2008 – the companies to watch, are [...]

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