25% Off All CamelBak Packs, Water Bottles & Accessories during REI Anniversary Sale!
 

2009 Ride #26

View Larger Map

Slightly abbreviated Wasatch Loop for me today … it’s hot out there! Lungs felt good until climbing up out of Parley’s on the bike path. Even managed to keep my heart rate below 160 until Sunnyside just before the zoo; which for me is great.

Really wish I had the cash [...]

Morgan Stanley to Raise $2.2 Billion in Bid to Exit TARP

Not entirely happy by the potential dilution to my stake in my company, but certainly happy that if all goes as planned, we will be able to exit TARP by month-end.

Morgan Stanley to Raise $2.2 Billion in Bid to Exit TARP – WSJ.com

Morgan Stanley plans to raise $2.2 billion stock offering, in [...]

Stress!

Now I know why the A-Train hates Goldman Sachs so much … looks like all the Goldman alums in guv-mint decided to give them a bigger break than they gave Morgan Stanley in determining worst-case scenarios in the recent stress tests performed by the Federal Reserve.

Goldman’s Test Stresses Morgan Stanley

Why did the [...]

Wells Fargo In Trouble?

Wells Fargo May Need Capital – WSJ.com

An initial U.S. stress test identified Wells Fargo & Co. as among the banks needing a buffer against future losses, said a person close to the company.

But it was unclear Monday whether Wells would be forced to raise fresh capital or if regulators would accept its [...]

2009 Ride #2

View Larger Map

Overslept due to an insomnia attack last, so decided to get out on my bike today, instead of skiing. Holladay into Murray, then up 13th East to Sugarhouse, through the park, then back through Millcreek. Short 17 miles; easy pace, but high heart rate.

Dr. Cross says that I should go [...]