Tatyana Shumsky's blog

Citigroup is facing off a "reconsideration" event of bringing $41 billion dollars of CDOs on to its balance sheet.

Handing a basket of asset backed securities to a structured investment vehicle is like telling a child to play in traffic. You knew what you were doing, and you did it anyway.

The world's biggest bank ousted CEO Charles Prince over subprime related writedowns. Now a Goldman analyst downgraded Citigroup to sell, saying more losses are on the way.

As another wave of writedowns crashes over investment banks, "CDO" is replacing "MBS" as the TLA of choice in subprime lingo.

Goldman Sachs was playing in the subprime sandbox just like Citigroup and Merrill Lynch. Somehow, however, Goldman has avoided the dirt and mess flowing from the summer squeeze with minimal writedowns and an increase in earnings.

The notion behind this structured security is just creepy.

Wall Street worried whether a trick or a treat came with the FOMC's Halloween announcement. The new question is, what does it mean?

An article published in The New York Times builds an interesting case for the long term effects of the subprime on the US economy.

No really: HOW?