From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):

“The losses are going to be phenomenal” for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. “My guesstimate in the subprime world is [...]

PIMCO’s Bill Gross covers the Bear Stearns/subprime crisis in his July 2007 investment outlook, which is entitled “Looking for Contagion in All the Wrong Places”. Here are some snippets:

Many of these good looking girls are not high-class assets worth 100 cents on the dollar. And sorry Ben, but derivatives are a two-edged sword. Yes, [...]

Michael J. Panzner takes us on safari through what most definitely is a jungle in his book ‘The New Laws of the Stock Market Jungle : An Insider’s Guide to Successful Investing in a Changing World‘. The book focuses on the changes that have occurred in the marketplace over the last 10 years or [...]

I’m adding yet another book to my reading list: ‘New Laws Of The Stock Market Jungle: An Insider’s Guide To Successful Investing In A Changing World’ by Michael J. Panzner