Matthew Sheahan

Stay on Course Back to the Basics

October 15, 2009 - It is important during this time, when the financial market recovery looks to be in full swing but the macroeconomy is still fragile, that the people running our financial institutions not become too enamored with their own brilliance again...

Don’t Like Uncle Sam? Follow J.P. Morgan

October 8, 2009 - Bankers are right to not want the government to dictate executive pay. Instead, maybe they should tune out the interventionist crowd and voluntarily follow the advice of J.P. Morgan...

Despite Fears, High Yield Bonds Keep Rolling

September 10, 2009 - When companies were pricing bonds on the high yield primary at a healthy clip in May and June, many people said that it wouldn’t last. But it doesn’t appear the great high yield wave of 2009 has come to an end as some expected...

Those Who Remember History Are Doomed To Debate It

June 25, 2009 - Poet and philosopher George Santayana is widely credited with having first coined the phrase, “Those who cannot remember the past are condemned to repeat it.” To this I’d like us to add, “Those that do remember history are doomed to debate it...

Knowing When Not To Hold ‘Em

April 23, 2009 - A wise man once said, 'You've got to know when to hold 'em, know when to fold 'em, know when to walk away, know when to run.' Unfortunately, Kenny Rogers was not consulted in our government's bank bailout effort...

High Yield And High Hopes

April 16, 2009 - I couldn’t believe my eyes when I looked at the forward high yield calendar earlier this week. HCA, which was on the calendar to price $500 million in high yield bonds, had upped its target to $1 billion. Later, I was amazed again...

The Other Kind Of Bankruptcy

March 18, 2009 - Outrage over the news that insurance giant and government bailout money recipient AIG paid large bonuses to top executives has rippled through the news cycle this week. AIG paid bonuses of $1 million or more to 73 employees in its financial products group...

Restructuring? Start Now And Bring A Safety Net

January 22, 2009 - America has entered an era of renewal and repair. As a new Congress and president begin to reshape public policy, the time to restructure in earnest has arrived...