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txtNewsInTheNews.html
STERLING
STAMOS PHILANTHROPY
The Story of A Book That Is Moving
'Mountains'Basil Stamos speaks to the
impact of Partners in Health, a
nonprofit that works to deliver primary health care to poor people
living in the developing world.
San Francisco Chronicle – February 8, 2008
Clinton Unbound
Former President Bill Clinton speaks about his philanthropic efforts,
including his foundation's partnership with Sterling Stamos.
Condé Nast Traveler – September
2007
More...

VIDEO
Peter Stamos, Chairman and CEO Daniel Okimoto, Chairman
of Global Institute
Michael Kastner, Managing
Director of Fixed
Income and
Head of Risk Management
PRESS
Rates Cure Offers Little Relief for Housing"We
need to see Treasury buy
mortgages and tell the market they are doing that," said Michael
Kastner, managing director of fixed income at Sterling Stamos
Capital Management. "That will help narrow mortgage spreads, even while
Treasury yields
rise." Financial Times – November 11, 2008U.S. Two-Year Yields Drop Below 2.00% in Overnight Action
Sterling
Stamos Capital Management managing director of fixed income Michael
Kastner attributes the most recent fall to continued distress in the
financial sector. CEP News – September 29, 2008 Lehman Plan Met With Skepticism By Credit Investors "It's
a symptom of what happens when investors panic," said Michael Kastner,
managing director of fixed income at Sterling Stamos Capital Management in New
York. Spreads continue to ratchet higher and "they'll remain there
until there's some buyers out there," he said. Smart Money – September 10, 2008 Frannie Mae, Freddie Mac Debt Soars on Takeover Talk If assumed by the government, Frannie Mae and Freddie Mac's debt would be seen as safe as
Treasury bonds, said Michael Kastner, head of fixed-income at Sterling
Stamos Capital Management in New York. Reuters – July 13, 2008 Green Power—Its Time Is Now
“The
implications of the shift to clean energy and technology are
profound,” says Peter Stamos, founder, Chairman, and CEO of
Sterling Stamos Capital Management. “Clean energy and technology
is, in our view, a several hundred billion dollar opportunity.” Merrill Lynch Advisor – June 2008
Counterparty Risk Gets Takers Michael
Kastner, a managing director of fixed income at Sterling Stamos, said
diversification is key: "We're making sure we monitor those
counterparties and try and have as many as we can to stay nimble," he
said. Wall Street
Journal –(login required) – June 18, 2008
Finance Firms Find Plenty of Takers in Bids
to Raise Capital "There's
basically demand up and down the capital structure," said Michael
Kastner, head of fixed income at Sterling Stamos Capital Management in
New York. Wall Street
Journal –
(login required) – May 10, 2008 New
Supply Hits Soft Market; Jobs Data Eyed In
the secondary market, there is "excess supply" of bonds issued by
financial firms such as banks and brokers, said Michael Kastner, Head
of Fixed Income at Sterling Stamos Capital Management. "Everyone's
afraid to see another wave of write-downs, and they don't want the
exposure."
Dow Jones – March 4, 2008
Bullish Investors Keep Faith with Treasury
Trade
"Without exception, there is a lot of talk about the steepening trade
among dealers," says Michael Kastner, portfolio manager at Sterling
Stamos. "They are all saying the curve has more room to steepen."
Financial Times – February 20, 2008
New Figures Suggest that US Might be in
Recession
"At this point, I do not think anyone will be surprised if we see
growth for the fourth quarter revised below zero, followed by a
negative first quarter," said Michael Kastner, portfolio manager at
Sterling Stamos.
Financial Times – February 5, 2008
Credit Squeeze Casts Shadow over US
"There is a very sour tone between the Street and investors," said
Michael Kastner, portfolio manager at Sterling Stamos. "The Street is
not supporting the secondary market and we are seeing a buyers' strike
among investors."
Financial Times – January 7, 2008
Bearish Start as Investors Stay in
Hibernation
“Macro players are buying credit default swaps,”
said Michael Kastner, portfolio manager at Sterling Stamos.
“While caution dominates the market at present, that may
change in the next few weeks.”
Financial Times – January 7, 2008
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